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NEW QUESTION 15
MMM operates leisure parks in Country S. a mature economy in Europe. These are parks that are popular with people between the ages of 8 and 25 years who visit them to ride on the high speed roller-coasters and to visit other attractions at the parks. Nearly 60% of visitor expenditure is to buy meals and drinks at the park MMM estimates that 20% of its visitors travel to its parks from outside Country S.
Which THREE of the following environmental changes will have the greatest impact on MMM in the next five years?
- A. The average age of the population in Country S is increasing because of a fall in the birth rate.
- B. The opening of a rival leisure park in Country S with more modern rides and attractions.
- C. The growing strength of the emerging economies in Africa, Asia and South America.
- D. An increase in the statutory minimum wage in Country S.
- E. Introduction of government restrictions on the number of students and tounsts permitted to enter Country S.
Answer: A,C,E
NEW QUESTION 16
Collaborative leadership is particularly useful in situations where "no one is in charge", where the issues or problems are so complex that no one person or entity has either the information or the power to change.
Which of the following would facilitate the role of a collaborative leader effectively?
Place 'Yes' or 'No' next to each Role.
Answer:
Explanation:

NEW QUESTION 17
According to Johnson, Scholes and Whittington, Suitability is an important consideration when evaluating potential alternative investment strategies.
Which of the following is a Suitability consideration?
- A. Staff will be resistant to change.
- B. Finances are available.
- C. There are limited raw materials available.
- D. Current markets are not saturated.
Answer: D
NEW QUESTION 18
JKL Plc manufactures and sells a range of consumer electronic products. it is organised into four strategic business units (SBU's), each responsible for a specific business segment.
Which business segment would benefit most from a Build strategy?
- A. Personal Music Player
- B. Smartphone
- C. Tablet
- D. Personal Computer
Answer: B
NEW QUESTION 19
The following definition has been provided by the Chartered Institute of Personnel and Development (CIPD):
'An activity which targets high performance and improvement at work and usually focuses on specific skills and goals, although it may also have an impact on an individual's personal attributes (such as social interaction or confidence). The process typically lasts for a relatively short period.' Which of the following activities does the above definition describe?
- A. Mentoring
- B. Leadership Development
- C. Coaching
- D. Work based training
Answer: C
NEW QUESTION 20
MM is a business which sells entertainment products. MM now wants to move to a position where it uses e-business as a fundamental part of its business strategy.
Which of the following benefits would result from MM's use of e-business? Select ALL that apply.
- A. Cost reductions because of lower overheads and cheaper procurement.
- B. Increased online revenues.
- C. Better control of information.
- D. Better control information through monitoring website activity.
- E. A reduction in labour turnover and higher morale.
- F. An increased use of tacit knowledge.
Answer: A,B,D
NEW QUESTION 21
In respect of mission statements, place the word "characteristic" or "purpose" against the relevant activity.
Answer:
Explanation:

NEW QUESTION 22
Which of the following is NOT a common barrier to group-based collaboration within Organizations?
- A. Trust
- B. Teams
- C. Time
- D. Territory
Answer: B
NEW QUESTION 23
Which THREE principles are explicitly named in the CIMA Ethical Code for Management Accountants Part A?
- A. Integrity
- B. Professional Competence and Due Care
- C. Objectivity
- D. Correct Personal Behavior
- E. Privacy of Information
Answer: A,B,C
NEW QUESTION 24
AAA manufactures and sells a range of travel suitcases. One model, the 'Executive' has seen sales growth of around 3% for the last two years, following strong growth since its introduction eight years ago. This slow down in the 'Executive' sales growth is largely due to AAA's competitors offering products in direct competition with the 'Executive'. AAA has therefore had to reduce its price to match those of its major competitors. AAA has also recently upgraded the features of the 'Executive' model to include a variety of different colours and materials. It has also launched a marketing campaign to promote the benefits of the 'Executive' model against its competitors products.
Which stage of the product life cycle has the 'Executive' model of suitcases reached?
- A. Growth
- B. Maturity
- C. Decline
- D. Introduction
Answer: B
NEW QUESTION 25
JJJ is a frozen food delivery business in Country Q.
Competition is high and JJJ prices its delivery services very competitively. JJJ has doubled its market share to 35% in the last five years.
In order to continue to improve its competitive position in Country Q, JJJ has invested in 100 new delivery vans. These vans have been designed to increase the speed and efficiency in loading and unloading the frozen food products. JJJ has to meet tight delivery deadlines to its customers or penalties for late delivery are charged to JJJ by its customers. Drivers of the vans undertake regular training.
Which of the following would be the most appropriate critical success factor within the 'Customer' perspective of a Balanced Scorecard for JJJ?
- A. Price competitiveness
- B. Punctuality
- C. Levels of staff training
- D. Penalties for late deliveries
Answer: B
NEW QUESTION 26
An insurer, JJJ, uses its Internet capabilities to promote and sell car and home insurance products.
Although JJJ is supported by an 'in-house' call centre located in its home country, it has decided to outsource this activity to an overseas call centre.
There are a number of benefits to the company by undertaking this strategy, including that it can charge more competitive premiums to its customers and also increase its profits. However this change will mean that
75 call centre staff in the home country will be made redundant.
You have been appointed as the Change Leader and have been asked to prepare a report that includes details on how this change can be communicated.
Which THREE of the following statements are valid regarding JJJ's proposed changes and the related staff communications?
- A. Momentum for change can be created by putting simple but highly visible improvements in place.
- B. It is important that the Change Leader selects a communication channel which is appropriate to the message being delivered and its target audience.
- C. The Change Leader should keep staff informed but should only communicate information when all the detail has been finalised.
- D. A disadvantage of adaptive change is that it increases the level of resistance that a company can encounter when trying to implement change.
- E. When undertaking change, communication is of great importance.
Answer: A,B,E
NEW QUESTION 27
Which of the following statements are consistent with an effective strategic approach to supply chain management within a manufacturing Organization?
Select ALL that apply.
- A. A senior member of the management team has oversight and responsibility for supply chain activities within the business.
- B. Identifying new opportunities for close liaison with an Organization's key suppliers and key customers, supported through the effective use of IT.
- C. Recognising product liability is easily transferred from the manufacturer to the retailer.
- D. Effective supply chain management plays an important role in contributing to the Organization's overall success.
- E. Industry consolidation has no impact on an Organization's position within its supply chain.
- F. Anticipating and responding to the increasing legal, consumer and ethical demands being made on an Organization's supply chain.
Answer: A,B,D,F
NEW QUESTION 28
BBB is a manufacturer that has been criticised in the financial press because it does not have a policy for sustainability. Which THREE of the following elements would be crucial to BBB successfully embedding sustainability into its activities?
- A. BBB's Board should make a commitment to sustainability.
- B. BBB should include sustainability targets in performance appraisal
- C. BBB should employ a new public relations consultancy
- D. BBB should give all its staff training in sustainability.
- E. BBB should spend at least 0.1% of its Net Profit on sustainability projects
- F. BBB should investigate the costs and benefits of establishing a sustainability department
Answer: B,E,F
NEW QUESTION 29
RRR is a state-funded hospital serving a major city. It is under political pressure to reduce the waiting times of patients requiring surgical operations who need to stay at the hospital for several nights. The doctors blame a lack of bed spaces and are calling for more investment in extra beds.
You have been conducting some research into the problem and have discovered the following problems affecting the utilisation of the existing beds at RRR:
* many patients stay extra nights due to lack of communication with the health professionals needed to monitor the patients at home
* beds are left empty each day when patients miss their admission date but there are no processes to inform other patients to offer them the space
* patients are admitted on days when there are no spaces available on the special equipment needed to treat their pa Which THREE linkages between Primary Activities in the Value Chain of RRR need to be improved to provide extra bed spaces at RRR?
- A. Between inbound logistics and outbound logistics.
- B. Between outbound logistics and service.
- C. Between inbound logistics and technology development.
- D. Between inbound logistics and marketing and sales.
- E. Between inbound logistics and operations.
Answer: B,D,E
NEW QUESTION 30
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