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CIMA Managing Finance in a Digital World Sample Questions:

1. A company sells double glazed windows. It has traditionally adopted a sales orientation and used aggressive direct selling techniques. As part of a new initiative, it is exploring its options to update its business philosophy.
Which of the following would be the most effective orientation for this business?

A) Marketing orientation
B) Selling orientation
C) Product orientation
D) Production orientation

2. Which of the following are measures a business might introduce specifically as part of its Corporate Social Responsibility (CSR) strategy?
Select ALL that apply.

A) Negotiating with a supplier to keep costs to a minimum
B) Using different waste bins for recycling and non-recycling
C) Reducing the range of different products it makes
D) Commissioning a report on carbon dioxide (CO2) emissions from its factories

3. Data warehousing is an essential element of the extraction transformation and loading process.
Which of the following best describes data warehousing?

A) Data being processed into the destination database ready for use.
B) Examining the data to understand its content formats and structure
C) The process of harvesting data from source databases and locations.
D) Storing data in a systematic and logical way ready for further interrogation.

4. Which of the following is a feature associated with personnel management rather than the more modern concept of human resource management?

A) Employees are motivated by consent
B) Employees are seen as assets
C) The line manager's role is seen as transactional
D) There is an emphasis on facilitation

5. Company M has been dealing with Supplier Q for many years. The Procurement Department has a very professional relationship with the supplier and it has recently started using electronic data interchange to place orders directly and on a much more frequent basis to assist production. A large part of the interaction with the supplier is now around price negotiation. According to Reck and Long's strategic positioning tool, which stage is Company M at with Supplier Q?

A) Independent stage
B) Supportive stage
C) Integrative stage
D) Passive stage

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