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CIMA E1 Exam Syllabus Topics:

CIMA Managing Finance in a Digital World Sample Questions:

1. Which of the following organisations would best describe a 'professional bureaucracy'?

A) A hospital
B) A newsagent
C) A manufacturing company
D) A project based company

2. 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) They specialised in producing as much as possible of a given product or service.
B) The perfumery were chiefly concerned with the quality of La Vie En Rose.
C) The perfumery based their marketing around customer needs.
D) La Vie En Rose focused primarily on the selling and promotion of a product.

3. A new Team Leader in Internal Audit has been asking team members about tasks that they do not think are part of their responsibility as they go beyond compliance with legislation. You are preparing a response to this to include an explanation of the requirements of a social audit. Which of the following would you include in your response?
Select ALL that apply.

A) Operation of risk management process(es)
B) Use of sustainable raw materials
C) Ethical investment decisions
D) Observance of equal opportunities beyond that required by legislation
E) Existing and potential management weaknesses and ways to rectify them
F) Adequacy of audit trail

4. Mr W wants to replace the family car. The cost of repair is becoming prohibitive so he has agreed with his wife to buy a new vehicle.
Put the tokens below in the correct order to demonstrate the stages in the buying process, according to Lancaster and Withey.

5. Which of the following would work as Support Staff in Mintzberg's organisational structure?

A) Press relations staff
B) HR managers
C) Line supervisors
D) Accountants

Solutions: