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Managing Finance in a Digital World

Last Update 12 hours ago Total Questions : 336

The Managing Finance in a Digital World content is now fully updated, with all current exam questions added 12 hours ago. Deciding to include E1 practice exam questions in your study plan goes far beyond basic test preparation.

You'll find that our E1 exam questions frequently feature detailed scenarios and practical problem-solving exercises that directly mirror industry challenges. Engaging with these E1 sample sets allows you to effectively manage your time and pace yourself, giving you the ability to finish any Managing Finance in a Digital World practice test comfortably within the allotted time.

Question # 21

Strategic leadership by the finance function involves so-called level 1 activities.

These activities involve which of the following?

A.

Achieving the desired organisational impact

B.

Generating information for insight.

C.

Providing further insights to better inform decision makers

D.

Communicating insights to influence users

Question # 22

Data warehousing is an essential element of the extraction transformation and loading process.

Which of the following best describes data warehousing?

A.

Examining the data to understand its content formats and structure

B.

Storing data in a systematic and logical way ready for further interrogation.

C.

Data being processed into the destination database ready for use.

D.

The process of harvesting data from source databases and locations.

Question # 23

Bright Idea Co. specialises in manufacturing light bulb filaments. It is considering outsourcing some of it activities in order to reduce costs and improve customer service.

Which of the following is an example of asset specificity that is likely to be an important consideration in their decision?

A.

An R & D manager who has been in the business for 18 years and has specialist knowledge of the formulations.

B.

A building that has been designed specifically for manufacturing light bulb filaments.

C.

High tech and expensive filling machines in the factory.

D.

A sales director who is well known and popular throughout the industry.

Question # 24

X Company has several distinctive corporate social responsibility stances including a concentration on the triple bottom line, being proactive, and treating stakeholders as partners. According to Johnson, Whittington and Schools ' categorization which of the following stances would best fit X?

A.

Forum for stakeholder interaction

B.

Shaper of society

C.

Enlightened self-interest

D.

Laissez-faire

Question # 25

Company E operates a management consultancy business with four international offices. All offices specialise in helping new businesses, with all support operations dealt with by headquarters.Which of the organisational structures below would best describe Company E.

A.

Geographical

B.

Functional

C.

Divisional

D.

Matrix

Question # 26

Having the right assets and making the best use of them is crucial if an organisation is to achieve its strategies on a sustainable basis. Which of the following best describes the row of the finance function in relation to an organisation’s assets?

A.

Deciding on which new machinery to buy for the production facility.

B.

Ensuring that assets are used to their optimum capacity on an on-going basis.

C.

Setting asset lifetimes that are in keeping with shareholders ' requirements.

D.

Collating and providing information to enable efficient asset management

Question # 27

La Vie En Rose was the latest perfume from the popular and well known perfumery, Lola. In almost every high quality magazine there was an advert featuring a famous actress and produced by a well known director. A

few weeks after launching, La Vie En Rose became the top selling perfume.

At the same time, another perfume called Amber launched from a smaller company and only appeared in a few advertisements and the perfume doesn ' t sell well.

In a blind test, where participants tried both Amber and La Vie En Rose, it was found that La Vie En Rose was the most popular choice.

Which orientation did La Vie En Rose use and why was it more successful than the Amber perfume?

A.

La Vie En Rose focused primarily on the selling and promotion of a product.

B.

The perfumery based their marketing around customer needs.

C.

The perfumery were chiefly concerned with the quality of La Vie En Rose.

D.

They specialised in producing as much as possible of a given product or service.

Question # 28

An organisation has grown in size over the last 6 months and it wishes to improve communication with its employees. Examples of information to share include company policies, human resource information and notices to employees.

 

Which type of system should the company adopt?

A.

Internet

B.

Intranet

C.

Extranet

D.

Video conferencing

Question # 29

Which of the following best describes the concept of corporate digital responsibility?

A.

It is a voluntary commitment by organisations to go beyond compliance with technology and data legislation.

B.

It is legislation which details principles about data such as only using it in a fair, lawful and transparent way.

C.

It is the idea that organisations should be sensitive to all digital stakeholders.

D.

It is a set of best practice guidelines that adhere to the spirit of the law in digital matters.

Question # 30

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.

Using different waste bins for recycling and non-recycling

B.

Commissioning a report on carbon dioxide (CO2) emissions from its factories

C.

Negotiating with a supplier to keep costs to a minimum

D.

Reducing the range of different products it makes

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