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Viewing questions 61-70 out of questions
Questions # 61:

Unclear cost and profit responsibilities can be a feature of which type of organisational structure?

Options:

A.

Matrix

B.

Functional

C.

Divisional

D.

Geographical

Expert Solution
Questions # 62:

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

Options:

A.

Computer-aided design processes

B.

Accurate systems of inventory management

C.

Safe transfer of funds electronically

D.

Remote on-line meetings

E.

Electronic information sharing

F.

Efficient broadband connections

Expert Solution
Questions # 63:

A manufacturing company had major issues with quality standards and as a result received a number of complaints from its customers.

Due to this the company's senior management has considered some new objectives for the business.

Which of the following comply with all requirements of a SMART objective and will help to overcome this issue?

Select ALL that apply.

Options:

A.

To reduce the number of complaints due to quality issues by 28% by the end of the year.

B.

To reduce defects from 53 per 1000 to 35 per 10,000 within 10 months.

C.

To reduce the current level of defects from Oper 1,000 to 35 per 1,000 by the end of the month.

D.

To reduce quality issues significantly within eight weeks.

E.

To reduce the number of complaints from 754 to 450 as soon as possible

F.

To increase output from 2,500 units per hour to 3,500 units per hour within a year.

Expert Solution
Questions # 64:

Which of the following is an example of operational information?

Options:

A.

Payroll details

B.

 Inventory values

C.

Sales analysis

D.

Productivity measures

Expert Solution
Questions # 65:

R works in the finance function of TX Company, a large multinational vehicle manufacturer.

Most of R's work involves shaping how the company creates and preserves value by using effective controls.

Which of the following activities is R most likely to be involved with?

Options:

A.

Variance analysis

B.

Budgeting

C.

Sales forecasting

D.

Reviewing customer satisfaction

Expert Solution
Questions # 66:

Which of the following is an advantage of outsourcing?

Options:

A.

Cost savings may be made

B.

Core competence may be strengthened

C.

Data confidentiality is stengthened

D.

Continuity is guaranteed

Expert Solution
Questions # 67:

The marketing environment includes political, economic, social, technological, ecological and legal factors affecting marketing (PESTEL). Select THREE examples of economic factors.

Options:

A.

Consumers' propensity to save

B.

Interest rates

C.

The introduction of new legislation relating to business tax

D.

The rate of inflation

E.

New ways of distribution

F.

Social mobility

Expert Solution
Questions # 68:

Which TWO of the following tasks is associated with a Finance Department's Management Accounting section?

Options:

A.

Providing management with decision making information

B.

Preparing investment appraisals

C.

Corporate governance compliance within the organisation

D.

Arranging for the financing of plans made

E.

Dealing with tax administration

F.

Verifying systems of control

Expert Solution
Questions # 69:

Which TWO of the following are non-incorporated organisations?

Options:

A.

K, who runs a business alone and is entitled to all profits

B.

P and Q who share joint responsibility for their business and all its debts

C.

MN, a family-owned business sharing profits by means of dividends

D.

XY, an organisation whose owners can trade their shares publicly

E.

The British Red Cross Society, a well known charity

Expert Solution
Questions # 70:

H works in the finance function and has been asked by the Finance Manager to draft a report to be part of the annual update to go out to all the employees of the organisation

H informs the Finance Manager the intention is to include a whole range of financial information including ratios and comparisons for the previous years in the report

Which of the following qualities of good information should H be most concerned with when producing the report?

Options:

A.

Relevant

B.

Adaptable

C.

Questioning

D.

Accurate

Expert Solution
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