Updated PDF (New 2022) Actual CIMA E1 Exam Questions [Q49-Q67]

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Updated PDF (New 2022) Actual CIMA E1 Exam Questions

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NEW QUESTION 49
H works in an organisation that supplies advertising space in prominent areas in inner cities. She frequently works at client premises with limited time spent at the office headquarters. H's colleagues also work in the same manner and the organisation has reduced office space as most employees are not in the office all at the same time. Instead, a bank of work stations are provided for sales staff with telephones and internet connections. Which of the following working arrangements is described above as being provided by the organisation?

  • A. Hot desking
  • B. Job sharing
  • C. Remote working
  • D. Teleworking

Answer: A

 

NEW QUESTION 50
XY Company is a manufacturing company making a variety of products for sale in different markets.
Which of the following is the most likely organisational structure that such a company will adopt?

  • A. Functional structure
  • B. Entrepreneurial structure
  • C. Divisional structure
  • D. Matrix structure

Answer: C

 

NEW QUESTION 51
Which of the following is a reason why businesses need to prepare statutory reports?

  • A. To inform the investors how profitable the business is.
  • B. To help compare budget with actual performance.
  • C. To decide on their foreign exchange hedging policy.
  • D. To ensure they have enough inventory on hand for production.

Answer: A

 

NEW QUESTION 52
Running shoe manufacturer Bo Joggs have a long established method to ensure their product is right first time.
The aim is to reduce the amount of quality checking. Internal processes and procedures are closely monitored so that the running shoes are of the highest standard before going to market.
What are Bo joggs likely to do to ensure this quality is maintained?
Select ALL that apply.

  • A. Adopt the Pa re to rule.
  • B. Employ skilled shoemakers.
  • C. Use a Kaizen method of production.
  • D. Have the best quality shoe-making machinery.
  • E. Train staff.
  • F. Use the highest quality fabric.

Answer: B,D,E,F

 

NEW QUESTION 53
Which THREE of the following suggest an integrative approach to organisational purchasing according to Reck and Long?

  • A. Competitive strategies rely on the effectiveness of organisational purchasing.
  • B. Suppliers are viewed as vital partners.
  • C. Purchasing managers are involved in strategy development.
  • D. Efficiency is at least equal to other organisational operations such as payroll and invoicing.
  • E. Supply is obtained at the best price once requested by departments.
  • F. Timely information about product prices and availability can be obtained through organisational systems.

Answer: A,B,C

 

NEW QUESTION 54
System changeover has four approaches, each of which vanes in terms of risk. cost and time.
Select the most suitable approach for when there is a need to minimise costs and time.

  • A. Parallel running
  • B. Pilot operation
  • C. Direct changeover
  • D. Phased changeover

Answer: C

 

NEW QUESTION 55
T is the head of the marketing department in company Z.
There have been several new recruits into the department recently and T is introducing them to the marketing mix.
T explains that the original marketing mix had only 4 Ps. However, this was focused primarily around the manufacturing industry. The mix was later extended to include an extra 3 Ps for use in the service industry. Which THREE of the following are the extra
3 Ps?

  • A. Place
  • B. Promotion
  • C. Processes
  • D. Physical evidence
  • E. Price
  • F. People

Answer: C,D,F

 

NEW QUESTION 56
Which of the following sources of data will have limited usefulness to finance professionals?

  • A. Output reports from production.
  • B. Primary market research data
  • C. Weekly sales report
  • D. Competitors' journal articles

Answer: A

 

NEW QUESTION 57
Which of the following is NOT one of the "three V's" of Big Data?

  • A. Variety
  • B. Velocity
  • C. Volume
  • D. Variability

Answer: D

 

NEW QUESTION 58
Which THREE of the following suggest an independent approach to organisational purchasing according to Reck and Long?

  • A. Growing awareness of the financial importance of purchasing.
  • B. Skills in negotiating the best price with suppliers.
  • C. A move away from reactive to more professional approaches.
  • D. Efficient responses to requests for supplies from departments.
  • E. Involvement in strategic planning.
  • F. Treating suppliers as partners.

Answer: A,B,C

 

NEW QUESTION 59
A company sells double glazed windows. It has traditionally adopted a sales orientation and used aggressive direct selling techniques. As part of a new initiative, it is exploring its options to update its business philosophy.
Which of the following would be the most effective orientation for this business?

  • A. Marketing orientation
  • B. Product orientation
  • C. Selling orientation
  • D. Production orientation

Answer: A

 

NEW QUESTION 60
Velocity is one of the defining characteristics of Big Dat
a. Which of the following most accurately defines what this means?

  • A. The validity of data
  • B. The volume of the data
  • C. The speed of data creation
  • D. The different formats of data

Answer: C

 

NEW QUESTION 61
The growth and success of virtual teams have been a result of which THREE developments becoming available to organisations?

  • A. Remote on-line meetings
  • B. Electronic information sharing
  • C. Safe transfer of funds electronically
  • D. Computer-aided design processes
  • E. Efficient broadband connections
  • F. Accurate systems of inventory management

Answer: A,B,E

 

NEW QUESTION 62
Which of the following is a cost of information?

  • A. Improving pricing strategies
  • B. Improving system design
  • C. Improving product design
  • D. Improving marketing strategies

Answer: B

 

NEW QUESTION 63
In a new initiative, Company O has been putting a lot of emphasis on internal awareness of Corporate Social Responsibility and creating value for it's stakeholders. A huge part of this has been about focusing on recycling and making departments accountable.
In order to assist with the achievement of goals in this area, a process has been designed to give some structure to measuring value for each department. Each of the process elements are listed below. Place the steps against each of these to indicate the correct sequence.

Answer:

Explanation:

 

NEW QUESTION 64
You need to select potential candidates for the role of an office manager in a very busy office. An assessment centre has been organised to overcome the shortcomings associated with other selection techniques. Which of the following activities would be most suitable to assess candidates for the role of Office Manager?

  • A. Self-appraisal
  • B. A presentation
  • C. In-tray exercises
  • D. A speech

Answer: C

 

NEW QUESTION 65
A cut-flower production business has peaks of demand around special days in the year that celebrate religious festivals. Which of the Four Vs of operations is being described in the above scenario?

  • A. Variety
  • B. Variation
  • C. Velocity
  • D. Volume

Answer: B

 

NEW QUESTION 66
More and more organisations are developing their supply chain networks by building closer links with suppliers. Which THREE of the following are considered to be features of this trend?

  • A. Early supplier involvement
  • B. Supplier representative on site
  • C. In-house resolution of design problems
  • D. Price and inventory co-ordination
  • E. Computer systems linked to customers

Answer: A,B,D

 

NEW QUESTION 67
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