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CIMA Managing Finance in a Digital World Sample Questions:

1. M is employed by an organisation that operates a chain of high street coffee shops. She has made a decision to purchase a failing cake shop in order to take it over and expand the presence of the organisation in the local area. According to Mintzberg, which part of the organisation does M belong to?

A) Strategic apex
B) Operating core
C) Techno-structure
D) Middle line

2. Which of the following is an advantage of outsourcing?

A) Cost savings may be made
B) Core competence may be strengthened
C) Continuity is guaranteed
D) Data confidentiality is stengthened

3. At his recent appraisal CD discussed his development needs with PQ, his line manager. In particular CD has said that he would like the opportunity to take on more responsibility. Which of the following job design techniques could PQ use to support CD's development?.

A) Job rotation
B) Job enlargement
C) Job significance
D) Job enrichment

4. Which of the following will mean a company has breached a General Data Protection Regulation (GDPR) principle'?

A) Data has been kept securely with restricted access
B) Data has been kept for longer than necessary
C) Data has been deleted after it is no longer required
D) Data has been used fairly, lawfully and transparently

5. Company V is, and has always been, very focused on the importance of stakeholders to the business.
As a well known and very popular private fee-paying school, Company V has to take on board advice, feedback, complaints and queries from a great many different stakeholders, all of which have to be prioritised according to their impact and power over the operations of the company.
Listed below are some of the stakeholders that Company V deal with on a daily basis. Categorise each of these stakeholders according to whether they are internal, connected or external stakeholders.

Solutions: