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CIMA E1 Exam Syllabus Topics:

CIMA Managing Finance in a Digital World Sample Questions:

Question 1

Company T operates a highly automated manufacturing system. It is computer controlled to promote efficiency and effectiveness and is capable of producing a large number of parts in a flexible manner.
The main advantage this brings to Company T is that dedicated output can be produced quickly in response to customer orders so that the organisation can give very high levels of customer service.
Which system of operational capacity is Company T using?

A. Flexible Manufacturing System
B. Computer Aided Manufacturing
C. Computer Aided Design
D. Queuing Theory

Question 2

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

Question 3

Which THREE of the following refer to information sourced externally?

A. Production capacity
B. Tax deducted
C. Share price
D. Inflation rate
E. Volume of pales
F. Taxation policy

Question 4

A manufacturing company had major issues with quality standards and as a result received a number of complaints from its customers.
Due to this the company's senior management has considered some new objectives for the business.
Which of the following comply with all requirements of a SMART objective and will help to overcome this issue?
Select ALL that apply.

A. To increase output from 2,500 units per hour to 3,500 units per hour within a year.
B. To reduce quality issues significantly within eight weeks.
C. To reduce defects from 53 per 1000 to 35 per 10,000 within 10 months.
D. To reduce the number of complaints from 754 to 450 as soon as possible
E. To reduce the number of complaints due to quality issues by 28% by the end of the year.
F. To reduce the current level of defects from Oper 1,000 to 35 per 1,000 by the end of the month.

Question 5

Company A works closely with its customers, suppliers and other business partners. It securely shares part of its private network with this group of stakeholders Which of the following best describes the type of network that Company A operates?

A. An intranet
B. An extranet
C. An internet
D. A database

Solutions: