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  5. Managing Finance in a Digital World Questions and Answers

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Viewing page 9 out of 10 pages
Viewing questions 81-90 out of questions
Questions # 81:

Level 2 of the contemporary shape of the finance function involves Strategic Business Partnering In this context strategic partners are

Options:

A.

Finance professionals

B.

Outsourced partners

C.

Project managers

D.

Senior management

Expert Solution
Questions # 82:

Introducing The Finance Function of PRS Company have been working with the Human enable which of the following business advantages'?

Options:

A.

An increase in value adding activities

B.

An increase in competences

C.

An increase in relationship management

D.

An increase in training

Expert Solution
Questions # 83:

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

Options:

A.

Weekly sales report

B.

Primary market research data

C.

Competitors' journal articles

D.

Output reports from production.

Expert Solution
Questions # 84:

Working in the finance function of a manufacturer of baked goods, T has been asked to support the monitoring of key performance indicators (KPIs) within the operations function of the company.

Which of the following would be a suitable KPI to help measure quality costs?

Options:

A.

Labour utilisation rate in the bakery.

B.

Amount of inventory damaged in warehouse storage

C.

Freight costs per bakery unit sold

D.

Time taken to deliver a customer order

Expert Solution
Questions # 85:

Human Resource Management (HRM) and Personnel are different.

 

Which of the following is NOT a characteristic of Human Resource Management (HRM)?

Options:

A.

HRM relies on a modern, transactional approach.

B.

HRM addresses both operational and strategic matters.

C.

HRM focuses on facilitation rather than negotiation.

D.

HRM views employees as assets.

Expert Solution
Questions # 86:

Digital interactive marketing does NOT involve the use of which of the following?

Options:

A.

Emails

B.

Mobile phones

C.

Radio commercials

D.

Social media

Expert Solution
Questions # 87:

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?

Options:

A.

Ensure that all employees have a variety of jobs to do.

B.

Ensure each task has a clear identity, with it being made clear how that task fits into the overall operation.

C.

Ensure each task is significant in some way.

D.

Ensure each employee has a degree of independence and flexibility.

E.

Ensure employees can see the results of their work.

Expert Solution
Questions # 88:

Offshoring may be successful when which of the following applies?

Options:

A.

There are fewer cultural differences

B.

There are low transaction volumes

C.

There are high task complexities

D.

There are high cost transactions

Expert Solution
Questions # 89:

Which TWO of the following key business areas can a standard cost record assist with?

Options:

A.

Pricing decisions

B.

Break-even analysis

C.

Inventory level

D.

Receivables collection

Expert Solution
Questions # 90:

An effective induction programme will typically focus on which THREE of the following?

Options:

A.

Hobbies and interests

B.

Organisation structure, charts and reporting lines

C.

Culture and values, including ethical issues

D.

Financial issues including salary payment dates and expense procedures

E.

Personal health issues

F.

Family connections with the business

Expert Solution
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