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CIMA Managing Finance in a Digital World Sample Questions:

1. A financial training company is reviewing its current HR policy in relation to the ongoing training required by all professionally qualified employees. Part of this process will also help to identify individuals suitable for promotion in the near future.
Which element of the HR cycle is described above?

A) Separation
B) Development
C) Maintenance
D) Acquisition

2. A company offers life coaching and self-improvement training. As part of its promotion strategy, the company sends out free, heavily branded, daily motivational emails to all of its subscribers. It actively encourages its subscribers to forward its emails on to other contacts, provided the emails are not changed in any way. Which of the following marketing strategies is described above?

A) Viral marketing
B) Experiential marketing
C) Guerilla marketing
D) E-marketing

3. Which of the following is NOT a key feature of total quality management (TQM)?

A) All value chain participants are involved
B) Management is committed to improvement
C) A staff appraisal system is used
D) Costs for failure are reduced

4. N is working on a project management team for the first time and is aware that there are distinct stages that follow on consecutively in the project management process However, N is unsure of the exact order of these stages Which of the following indicate the project management stages in the correct order?

A) Initiation. planning, controlling, executing, review and close
B) Planning, initiation, controlling, executing, review and close
C) Initiation, planning, executing, controlling, review and close.
D) Planning initiation, executing, controlling, review and close

5. AB Company operates a capital intensive production process and cannot quickly add capacity. Which of the following best describes this production strategy?

A) Forecasting demand and matching this to production capacity
B) Maintaining a level capacity plan
C) Matching production capacity to demand
D) Influencing demand to match production capacity

Solutions: