cima cimapra19 e01 1 practice test

Which of the following are advantages of a virtual team?
Select ALL that apply.

• A. The costs of a central office are not needed.
• B. New members can be brought in and out of the team easily.
• C. Members do not feel isolated.
• D. It is easier to establish decision making processes.

Inventory control, which maintains a low level of inventory, is important to ensure which of the
following?

• A. Low holding costs
• B. Uninterupted production
• C. Continual customer satisfaction
• D. High level of redundant stock

Which of the following is NOT a key feature of total quality management (TQM)?

• A. A staff appraisal system is used
• B. Management is committed to improvement
• C. All value chain participants are involved
• D. Costs for failure are reduced

Which of the following is an example of sustainability impacting operations management?

• A. A company only buys printer paper that has been recycled
• B. A company has a whistle-blowing policy
• C. A company keeps profits within the business for future investment
• D. A company sells goods to developing nations

Which one of the following structures primarily suits a nationwide business with three product lines;
for example, soup, condiments and baby food?

• A. Functional
• B. Divisional
• C. Matrix
• D. Geographical

Which of the following would specifically be an example of the use of the marketing concept by a
charity?

• A. Having pencils made with the name of the charity on them
• B. Selling pencils to make a profit for the charity
• C. Only buying pencils made from sustainable materials
• D. Giving pencils out to children in developing countries

Which of the following is important when considering the 'Promotion' element of the marketing
mix?

• A. Public relations
• B. Distribution channels
• C. After sales service
• D. Packaging

An electrical goods company produces colourful brochures for customers.
Which element of the marketing mix does this represent?

• A. Physical evidence
• B. Product
• C. Price
• D. Packaging

Which of the following statements is correct in relation to a tall organisation?

• A. It has many levels of management and therefore a narrow span of control.
• B. It has many levels of management and therefore a wide span of control.
• C. It has only a few levels of management and therefore a narrow span of control.
• D. It has only a few levels of management and therefore a wide span of control.

The finance function of an organisation supports the organisation's strategies and operations.
Which THREE of the following activities are fundamental to the role of the finance function?

• A. Recruitment and selection of a new financial controller
• B. Preparation of statutory reports
• C. Preparation of plans, forecasts and budgets
• D. Working capital reporting and control
• E. Supplier selection for a new raw material supplier
• F. Customer management and after-sales support