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CIMA Managing Finance in a Digital World Sample Questions:

1. Company V has traditionally sold children's toys from retail outlets. It is now exploring online retailing, or e-commerce, to expand its customer base. Which channel of distribution is Company V expanding into?

A) Level zero channel
B) Multiple level channel
C) Level one channel
D) Level two channel

2. Company Y is very bureaucratic. The managers attend high numbers of planning meetings and the employees often complain of being micro-managed. According to Hofstede, which dimension is being described within the culture of Company Y?

A) Power distance
B) Long-term orientation
C) Masculinity
D) Uncertainty avoidance

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

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

4. 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) Product orientation
B) Marketing orientation
C) Production orientation
D) Selling orientation

5. General Data Protection Regulation (GDPR) was introduced throughout the EU in 2018. The legislation details several principles about data and the requirement for data controllers.
Which of the following best describes the role of data controllers?

A) Data controllers must ensure that ethical systems are in place
B) Data controllers must ensure adequate safeguards and controls
C) Data controllers must ensure that data is kepi up-to-date
D) Data controllers must ensure that the system runs effectively

Solutions: