CIMA E1 Exam : Managing Finance in a Digital World

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CIMA E1 Exam Syllabus Topics:

CIMA Managing Finance in a Digital World Sample Questions:

1. Running shoe manufacturer Bo Joggs have a long established method to ensure their product is right first time.
The aim is to reduce the amount of quality checking. Internal processes and procedures are closely monitored so that the running shoes are of the highest standard before going to market.
What are Bo joggs likely to do to ensure this quality is maintained?
Select ALL that apply.

A) Train staff.
B) Employ skilled shoemakers.
C) Use a Kaizen method of production.
D) Use the highest quality fabric.
E) Have the best quality shoe-making machinery.
F) Adopt the Pa re to rule.

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

A) Remote on-line meetings
B) Safe transfer of funds electronically
C) Electronic information sharing
D) Efficient broadband connections
E) Computer-aided design processes
F) Accurate systems of inventory management

3. Which of the following is NOT a form of viral marketing?

A) Television advertisement
B) Text message
C) Video clips (including those taken on mobile phones)
D) Email

4. Which of the following is important when considering the 'Promotion' element of the marketing mix?

A) Distribution channels
B) After sales service
C) Packaging
D) Public relations

5. One of the finance function's main stakeholders provides feedback on customer responses and reviews about the organisation's products and services. Which of the following will provide this feedback?

A) Sales function
B) Shareholders
C) Human Resources
D) Production function

Solutions: