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Questions # 31:

Which of the following techniques is concerned with evaluating the interrelationships between the competitive moves of a set of competing organisations?

Options:

A.

Opportunity mapping

B.

Gamtheory

C.

Visioning

D.

Role playing

Expert Solution
Questions # 32:

BBB discharges small quantities of non-harmful material into the atmosphere as a by-product of its manufacturing process. BBB has been criticised by an environmental journalist who called BBB a polluter.

BBB wishes to influence opinion in its favour and has identified a number of strategic responses to achieve this objective.

Which of the following strategic responses should BBB implement?

Options:

A.

Employ Public Relations consultants.

B.

Change its manufacturing process to eliminate the by-product

C.

Do nothing.

D.

Lobby its National Government

Expert Solution
Questions # 33:

'Big Data' is defined as 'Data sets so large and complex that it becomes difficult to process using traditional data processing applications'. Which of the following is NOT a stage in the use of Big Data?

Options:

A.

Capture

B.

Storage

C.

Analysis

D.

Sharing

Expert Solution
Questions # 34:

Which of the following would be correct considerations when evaluating the Feasibility of a strategy? (Choose all that apply.)

Options:

A.

Will there be sufficient time to implement the strategy?

B.

Will the strategy exploit the core competencies of the business?

C.

Will the strategy maintain competitive advantage?

D.

Will customers object to the strategy?

E.

Will the business be able to deal with the responses of its competitors to the strategy?

Expert Solution
Questions # 35:

Select the quality associated with effective coaching and mentoring for each of the descriptions below:

Question # 35

Options:

Expert Solution
Questions # 36:

You are a Management Accountant working for an Organization that includes commitments to 'sustainability' in its mission statement.

 

Which THREE of the following are contributions that a Management Accountant can make to the achievement of this part of the Organization's mission statement?

Options:

A.

Integrated reporting of the triple bottom line of Profits, People and Planet.

B.

Measures of Organization's use of non-renewable resources and environmental emissions.

C.

Project evaluations that include the externalities as well as the cash costs.

D.

Ensuring the Organization adopts the lowest cost technologies and suppliers.

E.

Providing financial information with all non-recurring expenditures and incomes removed. 

Expert Solution
Questions # 37:

You are a Management Accountant working for a logistics firm that wants to build collaborative relationships with each of its key clients.

Which of the following changes to the management accounting function would you recommend to help the development of collaborative partnerships with a client?

Select ALL that apply.

Options:

A.

Open book management accounting in which the client can see the profits your firm makes from the relationship.

B.

Relocation of some management accounting staff from your Organization into the offices of the key clients.

C.

Management accounting staff from your Organization should be made available to the key clients to facilitate joint problem-solving.

D.

Recruitment of management accounting staff from the key clients to improve shared understanding.

E.

Close monitoring of service level agreements to ensure your Organization provides the minimum service specified.

Expert Solution
Questions # 38:

Mayo defined knowledge management as the management of the information, knowledge and experience available to an Organization. Which THREE of the following are steps in the development and implementation of a knowledge management strategy?

Options:

A.

Gaining top management support.

B.

Creating the technological infrastructure.

C.

Populating the databases.

D.

Appointing a change agent.

E.

Establishing a knowledge management budget.

Expert Solution
Questions # 39:

Porter suggests that competitive advantage arises from the implementation of a 'generic strategy'. Which THREE of the following are NOT generic strategies?

Options:

A.

Cost leadership

B.

Focus

C.

Differentiation

D.

Diversification

E.

Market development

F.

Market penetration

Expert Solution
Questions # 40:

S is a hybrid car manufacturer. S relies on strong social media presence and online marketing campaigns to drive customers to its website. S prioritises measuring and improving active usage metrics.

Which of the following metrics does S prioritise?

Select ALL that apply.

Options:

A.

Abandon rates

B.

The customer feedback score

C.

The number of customer photographs uploaded

D.

Number of repeat webpage users

E.

Number of registered users

Expert Solution
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