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CIMA Managing Finance in a Digital World Sample Questions:

1. MN College (limited by guarantee) aims to ensure that each student achieves their qualification and gains employment. Which THREE of the following are suitable measures of performance for MN College?

A) Effectiveness
B) Number of lecturers.
C) Economic
D) Enhanced
E) Number of students
F) Efficiency

2. Which of the following is one of the five key areas of an effective approach to corporate digital responsibility (CDS)?

A) Digital protection
B) Digital mindset
C) Digital stewardship
D Digital sustainability

3. Mitch owns a small furniture business, which he is keen to grow.
Which of the following would MOST benefit the growth of Mitch's business:

A) Outsourcing all complementary and residual competencies.
B) Becoming a network organisation.
C) Reducing the price of all products by a third.
D) Forming an alliance with a local supplier.
E) Becoming a shamrock organisation.

4. Tom owns a guitar shop, called Jones's Guitars. In attempt to drum up business, he's decided to launch a guerilla marketing campaign.
Which of the following is the correct example of Tom using guerilla marketing?

A) Spending a lot of money on decorating the shop and playing the most famous guitar-based songs.
B) Encouraging all his staff to try to build a rapport with the customers.
C) Encouraging customers to try one of the store's brand new guitars.
D) Placing an empty guitar rack outside his shop with a sign saying, "Free air guitar - one per person."
E) Launching a social media campaign called #GetDownTo]ones's

5. Which of the following statements is correct in relation to a tall organisation?

A) It has many levels of management and therefore a narrow span of control.
B) It has many levels of management and therefore a wide span of control.
C) It has only a few levels of management and therefore a wide span of control.
D) It has only a few levels of management and therefore a narrow span of control.

Solutions: