CIMA Managing Finance in a Digital World : E1 valid dump

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CIMA E1 Exam Syllabus Topics:

CIMA Managing Finance in a Digital World Sample Questions:

1. One of the characteristics of Big Data is velocity. Which of the following most accurately defines what this means?

A) The volume of the data
B) The validity of data
C) The speed of data creation
D) The different formats of data

2. Workforce flexibility takes a number of different forms. Which of the following achieves flexibility where employees have the ability to move between tasks as and when required by the organisation?

A) Temporal flexibility
B) Functional flexibility
C) Shift system flexibility
D) Numerical flexibility

3. Human Resource Management (HRM) and Personnel are different.
Which of the following is NOT a characteristic of Human Resource Management (HRM)?

A) HRM addresses both operational and strategic matters.
B) HRM relies on a modern, transactional approach.
C) HRM focuses on facilitation rather than negotiation.
D) HRM views employees as assets.

4. Which of the following are advantages of a virtual team?
Select ALL that apply.

A) New members can be brought in and out of the team easily.
B) Members do not feel isolated.
C) It is easier to establish decision making processes.
D) The costs of a central office are not needed.

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

Solutions: