E1 Free Certification Exam Material from Exam4Docs with 297 Questions
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NEW QUESTION 18
F manages a portfolio of clients, as do his colleagues. All income that is earned by them is pooled to cover costs and overheads and any remaining profits are split according to an agreed formul a. F and his colleagues have joint and several liability in relation to the work they carry out on the organisation's behalf. Which of the organisation types listed below best describes the organisation that F works for?
- A. Sole-trader
- B. Company
- C. Multinational
- D. Partnership
Answer: D
NEW QUESTION 19
La Vie En Rose was the latest perfume from the popular and well known perfumery, Lola. In almost every high quality magazine there was an advert featuring a famous actress and produced by a well known director. A few weeks after launching, La Vie En Rose became the top selling perfume.
At the same time, another perfume called Amber launched from a smaller company and only appeared in a few advertisements and the perfume doesn't sell well.
In a blind test, where participants tried both Amber and La Vie En Rose, it was found that La Vie En Rose was the most popular choice.
Which orientation did La Vie En Rose use and why was it more successful than the Amber perfume?
- A. La Vie En Rose focused primarily on the selling and promotion of a product.
- B. The perfumery were chiefly concerned with the quality of La Vie En Rose.
- C. The perfumery based their marketing around customer needs.
- D. They specialised in producing as much as possible of a given product or service.
Answer: A
NEW QUESTION 20
Which of the following technologies is described as a decentralised, distributed and public digital ledger that is used to record transactions across many computers?
- A. Data analytics
- B. Big Data
- C. Cloud Computing
- D. Blockchain
Answer: D
NEW QUESTION 21
Which of the following best describes a virtual team formed by individuals from different companies to achieve a common aim?
- A. Matrix-structure organisation
- B. Functional
- C. Inter-organisation
- D. Extended supply chain
Answer: C
NEW QUESTION 22
The finance function of Company E are considering using blockchain technology for its ledger systems Which of the following will be an advantage of introducing this technology?
- A. Records can be easily changed and amended
- B. It will be easy to understand and work with.
- C. Costs of maintaining and reconciling ledgers can be reduced
- D. Transactions are recorded by a sole participant
Answer: C
NEW QUESTION 23
When considering companies which focus on more than just commercial issues, which TWO of the following would be associated as a key element of a corporate social responsibility (CSR) strategy?
- A. Share price
- B. Profitability
- C. Community
- D. Sales volume
- E. Ethical
Answer: C,E
NEW QUESTION 24
Arrange the stages of the product life-cycle in the correct order.
Answer:
Explanation:
NEW QUESTION 25
Kolb's learning cycle suggests that learning is a series of steps based on learning from experience.
Match the various stages of the cycle with the correct description.
Answer:
Explanation:
NEW QUESTION 26
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. Teleworking
- C. Remote working
- D. Job sharing
Answer: A
NEW QUESTION 27
Which of the following describes a disadvantage of succession planning?
- A. Planning requires resources to manage it.
- B. It develops career structures.
- C. It can be cheaper than advertising.
- D. It motivates employees as rewards are visible.
Answer: A
NEW QUESTION 28
Company V is, and has always been, very focused on the importance of stakeholders to the business.
As a well known and very popular private fee-paying school, Company V has to take on board advice, feedback, complaints and queries from a great many different stakeholders, all of which have to be prioritised according to their impact and power over the operations of the company.
Listed below are some of the stakeholders that Company V deal with on a daily basis. Categorise each of these stakeholders according to whether they are internal, connected or external stakeholders.
Answer:
Explanation:
NEW QUESTION 29
Karl runs a factory. He wants his employs to feel that their role in the company has meaning.
Which of the following would help to make his employees feel this way?
- A. Ensure each task has a clear identity, with it being made clear how that task fits into the overall operation.
- B. Ensure each employee has a degree of independence and flexibility.
- C. Ensure each task is significant in some way.
- D. Ensure that all employees have a variety of jobs to do.
- E. Ensure employees can see the results of their work.
Answer: A,C,D
NEW QUESTION 30
Which of the following provides the best description of an intranet?
- A. Authorised outsiders use networked computers to access information held on a server.
- B. A collection of data organised to service many applications providing access to a wide variety of users.
- C. A worldwide network of computers.
- D. Employees use networked computers to access information held on a server.
Answer: D
NEW QUESTION 31
One of the roles of the finance function is to help deploy solutions. Which activity of the "information to impact" framework is this a part of?
- A. Apply
- B. Achieve
- C. Analyse
- D. Advise
Answer: A
NEW QUESTION 32
Which of the following sources of data will have limited usefulness to finance professionals?
- A. Primary market research data
- B. Weekly sales report
- C. Output reports from production.
- D. Competitors' journal articles
Answer: C
NEW QUESTION 33
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