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Questions # 31:

Which of the following statements best describes quantitative information?

Options:

A.

Information that comes from data normally expressed as numbers.

B.

Information that is derived from case studies.

C.

Information that is difficult to record and process.

D.

Information that is often in the form of opinions

Expert Solution
Questions # 32:

Cardboard box manufacturer Smurfat are giving their new employees an induction into the company's strategy. They see this as a crucial stage of the induction process and have asked Terrance, the communications

director, to take new employees through the strategy.

Which of the following should Terrance communicate to his new employees during their induction?

Select ALL that apply.

Options:

A.

Talk through the overall structure of the Smurfat.

B.

Give new employees an idea of the work culture at Smurfat.

C.

Explain the goals and motives of the Smurfat.

D.

Make Smurfat's disciplinary rules clear for the new employees.

E.

Explain what care and support Smurfat offers to new staff.

Expert Solution
Questions # 33:

Which TWO of the following are activities associated with setting up a new IT system?

Options:

A.

Service support

B.

Database management

C.

Design and development

D.

Testing

Expert Solution
Questions # 34:

Level 2 of the contemporary shape of the finance function involves Strategic Business Partnering.

Which of the following statements is true?

Options:

A.

The finance function will require new competencies to effectively communicate insight.

B.

The finance function will communicate their insights once a week.

C.

The finance function communicates their insights to only internal stakeholders.

D.

Fewer people are required at this level of the finance function than previously.

Expert Solution
Questions # 35:

TJD is a national retailer of garden accessories and a FTSE 350 company It is currently establishing a remuneration committee

According to the UK Corporate Governance Code what is the minimum number of non-executive directors TJD's remuneration committee should be

made up of?

Options:

A.

At least 7

B.

least 3

C.

At least 2

D.

At least 5

Expert Solution
Questions # 36:

Strategic leadership by the finance function involves so-called level 1 activities.

These activities involve which of the following?

Options:

A.

Achieving the desired organisational impact

B.

Generating information for insight.

C.

Providing further insights to better inform decision makers

D.

Communicating insights to influence users

Expert Solution
Questions # 37:

It can be said that ethics is a set of moral principles underpinning the concept of right and wrong. Whether an action is actually right or wrong depends on which of the following?

 

Select ALL that apply.

Options:

A.

The consequences of the action

B.

The motivation for the action

C.

The key values associated with the action

D.

The legality of the action

E.

The organisational policy 

F.

The government policy

Expert Solution
Questions # 38:

Which TWO of the following are examples of a knowledge work system?

Options:

A.

Computer Aided Design (CAD)

B.

Transaction Processing System (TPS)

C.

Computer Aided Manufacturing (CAM)

D.

Materials Resource Planning (MRP)

Expert Solution
Questions # 39:

The Finance Director has been asked to produce a cost saving plan for the organisation which is to come into effect immediately. His initial suggestion to enable quick savings is to cut the staff development and training budget by 50%. Before he publishes the plan he has asked you to review it and let him know what the effect of this may be in the short term.

 

Select ALL that apply. 

Options:

A.

Key staff may leave

B.

Staff skill levels may reduce

C.

There may be a  loss of competitive advantage

D.

Profit will increase

E.

Recruitment may be more difficult

F.

Staff motivation may reduce

Expert Solution
Questions # 40:

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?

Options:

A.

Ethical

B.

Community

C.

Share price

D.

Sales volume

E.

Profitability

Expert Solution
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