Secion A Flashcards
Review the Section A exam with more than a 100 cards related to E1 exam.
Which ONE of the following is NOT normally associated with the (rational) staged decision making purchasing process? A Need recognition B Loyalty to a brand C Information searching D Post-purchase evaluation
Answer: B
Transaction costs are expenses resulting from which ONE of the following?
A Outsourcing of services
B Off-shoring of organizational functions
C Penetration pricing
D Organizational downsizing
Answer: A
Subsidies for home industries, quotas and embargoes are mechanisms associated with which ONE of the following? A Fiscal policies B Free trade C Liberalisation D Protectionism
Answer: D
When segmenting a market based on demographic factors, which ONE of the following would NOT be considered? A Age B Gender C Stage in the family life cycle D Frequency of purchase
Answer: D
Diagrams which present the flow of information and products across supply networks are known as which ONE of the following? A Process maps B Fishbone 'cause and effect' diagrams C Job analysis outlines D Statistical control maps
Answer: A
Queuing theory analysis and flexible manufacturing systems represent methods of which ONE of the following? A Process design B Managing operational capacity C Quality control D Quality assurance
Answer: B
The outsourcing of an Information Technology service by an organization can lead to which ONE of the following?
A Increased reliance on the IT department
B Increased reliance on central departments generally
C Certain staff having responsibility for monitoring contracts
D Recruitment of additional programmers
Answer: C
Social networking and blogging are normally associated with which ONE of the following? A Web 2.0 tools B Management information systems C Distributed data processing systems D An open database
Answer: A
Which ONE of the following is NOT normally associated with Total Quality Management (TQM)? A Six sigma B 5-S C Kaizen D Insourcing
Answer: D
The terms 'guerilla' and 'viral' are often applied to which ONE of the following? A Different organisational forms B Predatory take-over tactics C Marketing communications D Stakeholder groupings
Answer: C
Which ONE of the following is NOT associated with the internal governance of a
company?
A The use of non-executive directors (NEDs)
B Annual environmental reporting
C The operation of remuneration committees
D The operation of audit committees
Answer: B
Brand equity is
A something that only exists in the minds of customers.
B the value due to the premium customers are prepared to pay for branded goods.
C additional production costs arising from product differentiation of branded goods.
D a purely notional concept.
Answer: B
According to Herzberg, hygiene factors represent which ONE of the following?
A Compliance with health and safety regulations
B A particular job context that can influence levels of dissatisfaction
C Motivators to work harder
D Typical attitudes of theory Y workers
Answer: B
A planned national economy moving towards becoming free is known as which ONE of the following? A A transition economy B A transactional economy C A 'stuck in the middle' economy D An intermediary economy (
Answer: A
Mutual 'promises' and 'expectations' of an employer and the workforce is generally known as A the psychological contract. B the employment contract. C the person specification. D the job description.
Answer: A
Which ONE of the following activities is NOT associated with recruitment? A Conducting panel interviews B Performing a job analysis C Preparing job advertisement copy D Preparing a person specification
Answer: A
An organization that continually uses promotional offers in order to entice customers is known as which ONE of the following? A Marketing orientated. B Production orientated. C Product orientated. D Sales orientated.
Answer: D
A technique depicting driving and restraining forces, sometimes used when overcoming
problems when introducing an information system, is known as which ONE of the
following?
A A fishbone diagram
B A process map
C A directional matrix
D A force field analysis
Answer: D
Information indicating the profitability of potential markets is an example of which ONE of the following? A 'Blue sky' information B Operational information C Tactical information D Strategic information
Answer: D
An organization that offers the same product to the market as a whole is said to engage in which ONE of the following? A Unitary marketing B Concentrated marketing C Differentiated marketing D Undifferentiated marketing
Answer: D
Which ONE of the following is NOT a category featured in Porter's Value Chain? A Procurement B Operations C Marketing and sales D Gross profit
Answer: D
'Uncertainty avoidance' is a term used to describe which ONE of the following? A A national cultural dimension B A country risk C A political risk D A sustainability audit key finding
Answer: A
Which ONE of the following is an independent member of a company's Board with particular concern for governance? A Non-executive director B Management consultant C Political lobbyist D External examiner
Answer: A
An investment made by a company into a company or entity based in another country is known as which ONE of the following? A Foreign direct investment (FDI) B Portfolio flows C Outsourcing D Offshoring
Answer: A
Mendelow’s four cell matrix illustrates which ONE of the following?
A The dominance of various stakeholders in a decision
B The potential growth and market share of a product
C The support required by a technostructure
D The direction of organisational growth strategies
Answer: A
The acronym BRIC refers to which ONE of the following?
A A system of business reporting and inventory control
B A tool for macroeconomic analysis
C Certain important national economies
D A framework for determining business risk in a country
Answer: C
The range of management issues associated with converting resources into required goods or services within an organisation is known as which ONE of the following? A Sourcing strategies B Product marketing C Liberalisation D Operations management
Answer: D
Electronic Executive Information Systems (EIS) and Expert Systems (ES) are examples of which ONE of the following?
A Customer relationship management software
B Database management
C Computer networking
D Decision based software
Answer: D
Which ONE of the following is the usual reason for dispersed and virtual team working in an organisation?
A Weak management
B Utilisation of developments in technology and information systems
C Poor hygiene factors in the workplace
D Localised human resource management
Answer: B
When evaluating a new information system, which ONE of the following would NOT represent a tangible cost?
A Additional training undertaken by IS staff
B Heating and lighting where the system is housed
C Staff uncertainty caused by the change
D Time taken on system design
Answer: C
Loss of goodwill and the expense of product recalls are known as which ONE of the following? A External failure costs B Costs of lean C Excess production costs D Transaction costs
Answer: A
The psychological contract is an important factor when considering which ONE of the following? A Staff retention B Supply networks C Buyer behaviour D Corporate political activity
Answer: A
Assessment centres are associated with which ONE of the following activities? A Staff selection B Career counselling C Focus group market research D Societal marketing
Answer: A
Most supply chains involve which ONE of the following? A A number of different companies B An organisation’s infrastructure C After sales service D A strategic apex
Answer: A
Regular reporting on stockholding of products (inventory) is an example of which level of organisational information? A Strategic B Tactical C Integrative D Techno-structural
Answer: B
A lack of physical presence and extensive use of IT are typical features of which sort of organization? A Non-governmental organizations (NGO) B Multinational enterprises (MNE) C Shamrock organizations D Virtual organizations
Answer: D
Which ONE of the following features is NOT normally a result of gaining ISO9000? A Improved marketing B Improved quality C Work rationalization D Improved industrial relations
Answer: D
The quality management thinker Philip Crosby is most closely associated with which ONE of the following ideas? A Fitness for purpose B The fishbone diagram C Zero defects D Business process re-engineering
Answer: C
Herzberg's dual (two) factor theory involves which ONE of the following? A Theory X and Theory Y workers B Hygiene factors and motivators C Low and high power-distance D Carrots and sticks
Answer: B
Personal characteristics, qualifications and necessary experience expected of a particular post holder are normally all found in which ONE of the following documents? A Job description B Person specification C Reference letter D Summary appraisal meeting record
Answer: B
A lean approach is associated with which ONE of the following? A Supply sourcing strategies B Demographic profiling C Employee selection criteria D Removal of waste
Answer: D
Which ONE of the following is NOT normally a barrier to international trade?
A High levels of consumption tax
B Subsidies for domestic (home) producers
C Customs duties
D Embargoes
Answer: A
Under a free market economy prices are determined by which ONE of the following? A The stock market B Government regulation C Multinationals D Supply and demand
Answer: D
Which ONE of the following is NOT a macroeconomic factor?
A The relationship between price and demand in a particular market
B Price inflation
C Levels of savings and investment
D Unemployment amongst young people
Answer: A
Under an ABC inventory management system which ONE of the following items should be monitored most closely? A 'A' classified items B 'B' classified items C 'C' classified items D All items equally
Answer: A
Which ONE of the following characteristics is NOT normally associated with a Non-Governmental Organisation (NGO)? A Furthering humanitarian causes B Championing social causes C Making profits D Exercising independence
Answer: C
When government regulation and restriction is absent the effect is A protectionism. B economic nationalism. C liberalisation. D a mixed economy
Answer: C
Mintzberg's design of an effective organisation does NOT include which ONE of the following categories? A Technostructure B Outsource partners C Operating core D Strategic apex
Answer: B
Which ONE of the following is NOT a feature of a service? A Intangibility B Immediate consumption C Inventory management D Involvement of the consumer
Answer: C
Reck and Long's strategic positioning tool measures the contribution of which ONE of the following organizational functions? A Quality control and assurance B Purchasing and supply C The management of systems D The management of human resources
Answer: B
The phrase 'uncertainty avoidance' refers to which ONE of the following? A A dimension of national culture B Country risk C Political risk D Disaster recovery planning
Answer: A
Corrective systems maintenance refers to which ONE of the following?
A A process undertaken prior to systems implementation
B A remedy of defects after systems implementation
C A process of upgrading both hardware and software
D A means of ensuring that machines and equipment do not hold up production
Answer: B
Transaction costs are associated with which ONE of the following? A Materials procurement B Flexible working arrangements C Outsourcing D Lobbying
Answer: C
The aim of total productive maintenance is which ONE of the following? A Inclusivity and empowerment B Motivation and teamwork C Engagement and commitment D Prevention and continuity
Answer: D
The term BRIC refers to which ONE of the following?
A Certain national economies
B Bringing about real continuous improvement
C A ranking index used in aptitude testing
D A system for business resource and information capture
Answer: A
Foreign earnings are included in which ONE of the following? A Gross Domestic Product B Gross National Product C Government fiscal policy D Consumption tax
Answer: B
Lobbying by a business is an example of which ONE of the following? A Focus group research B Country and political risk analysis C Corporate social responsibility D Political activity
Answer: D
Which ONE of the following does NOT represent a control in a computer network? A A firewall B Data encryption C Passwords D A cookie
Answer: D
Which ONE of the following does NOT represent a spoke in Cousins' supply wheel? A Cost benefit analysis B Portfolio of relationships C Performance measures D A firm's infrastructure
Answer: D
SERVQUAL is a technique for the service sector to do which ONE of the following?
A Eliminate waste and unnecessary effort
B Map work and document flows
C Measure quality of life for employees
D Measure the scale of quality in service provision
Answer: D