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1
Q

Is the following one of Porter’s five forces
substitute products or services

A

Yes

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2
Q

Is the following one of Porter’s five forces
New entrants into the industry

A

Yes

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3
Q

Is the following one of Porter’s five forces
bargaining power of customers

A

Yes

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4
Q

Is the following one of Porter’s five forces
government regulation of the industry

A

no

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5
Q

Is the following one of Porter’s five forces
bargaining power of suppliers

A

Yes

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6
Q

Is the following one of Porter’s five forces
rivalry amongst current competitors in the industry

A

Yes

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7
Q

In Porter’s value chain model, what is the following
procurement

A

support activity

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8
Q

In Porter’s value chain model, what is the following
operations

A

primary activity

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9
Q

Marketing and sales

A

primary activity

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10
Q

In Porter’s value chain model, what is the following
inbound logistics

A

primary activity

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11
Q

In Porter’s value chain model, what is the following
technology development

A

support activity

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12
Q

In Porter’s value chain model, what is the following
HR management and infrastructure

A

support activity

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13
Q

administration managers are involved in

A

support activities

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14
Q

after sales service is a form of

A

primary activity

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15
Q

individual dealing with suppliers and negotiating price and quality are involved in

A

support activities

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16
Q

information technology is what kind of activity

A

support

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17
Q

Is the following a way in which data analytics of big data can create value for business
customer buying patterns

A

Yes

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18
Q

Is the following a way in which data analytics of big data can create value for business
customer needs

A

Yes

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19
Q

Is the following a way in which data analytics of big data can create value for business
new products and services

A

No

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20
Q

Is the following a way in which data analytics of big data can create value for business
Risk identification

A

No

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21
Q

Is the following a way in which data analytics of big data can create value for business
performance and improvement

A

Yes

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22
Q

Is the following a way in which data analytics of big data can create value for business
creation of HR policies

A

No

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23
Q

Is the following a way in which data analytics of big data can create value for business
transparency

A

Yes

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24
Q

Is the following a way in which data analytics of big data can create value for business
performance improvement

A

Yes

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25
Q

Is the following a way in which data analytics of big data can create value for business
market segmentation and customisation

A

Yes

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26
Q

Is the following a way in which data analytics of big data can create value for business
Decision making

A

Yes

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27
Q

Is the following a way in which data analytics of big data can create value for business
innovation

A

Yes

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28
Q

Is the following a way in which data analytics of big data can create value for business
risk management

A

Yes

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29
Q

original role of the accounting function was

A

recording financial information

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30
Q

who is responsible for
preparing financial statements

A

financial reporting

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31
Q

who is responsible for
capital budgeting

A

management accounting

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32
Q

who is responsible for
cash budgets

A

treasury management

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33
Q

who is responsible for
management of cashflow impact of WC

A

treasury management

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34
Q

who is responsible for
management decision making

A

management accounting

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35
Q

who is responsible for
tax

A

financial reporting

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36
Q

In terms of the organisational iceberg, what kind of variable is the following
formal goals

A

overt

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37
Q

In terms of the organisational iceberg, what kind of variable is the following
formal goals

A

overt

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38
Q

In terms of the organisational iceberg, what kind of variable is the following
formal goals

A

overt

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39
Q

In terms of the organisational iceberg, what kind of variable is the following
formal goals

A

overt

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40
Q

In terms of the organisational iceberg, what kind of variable is the following
attitudes

A

covert

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41
Q

In terms of the organisational iceberg, what kind of variable is the following
underlying competencies and skills

A

covert

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42
Q

In terms of the organisational iceberg, what kind of variable is the following
organisational design

A

overt

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43
Q

In terms of the organisational iceberg, what kind of variable is the following
communication patterns

A

covert

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44
Q

What kind of risk is described
the economic loss suffered due to the default of a. borrower, customer or supplier in the market

A

credit risk

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45
Q

What kind of risk is described
the risk of choosing the wrong strategy in a particular martket

A

strategy risk

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46
Q

What kind of risk is described
the risk that customers do not buy the company’s products in the expected quantities in the market

A

product risk

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47
Q

What kind of risk is described
the exposure to potential loss that would result from changes in market prices or rates

A

market risk

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48
Q

What is described
inability to predict outcome from activity due to lack of information

A

uncertainty

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49
Q

what is described
the extent to which a business is prepared to take on risk to achieve its objectives

A

appetite

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50
Q

What role does the following
process sales invoices

A

financial accountant

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51
Q

What role does the following
reconcile cash balances with bank statemetns

A

financial accountatn

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52
Q

What role does the following
planning and preparing budgets

A

Management accountant

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53
Q

What role does the following
appraising capital investment projects

A

Management accountant

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54
Q

Good information should be - ACCURATE

A

Accurate
Complete
Cost beneficial
User Targeted
Relevant
Authoritative
Timely
Easy to Use

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55
Q

What is the following part of
forecasting what is needed

A

planning and control

56
Q

what is the following part of
evaluating available resources

A

planning and control

57
Q

what is the following part of
Developing objectives, plans and targets

A

planning and control

58
Q

To obtain full listing on LSE company must have traded for a minimum of

A

3 yeras

59
Q

What is defined
business holds a cushion against unplanned expenditure like a buffer inventory

A

precautionary motive

60
Q

what is
trying to find a practical solution to a problem

A

conciliation

61
Q

Accountability and social responsibility are what kind of qualities

A

professional qualities

62
Q

what kind of qualities are timeliness and ambition

A

personal qualities

63
Q

FRC UK corporate governance code forms part of what

A

uk listing authority rules

64
Q

In terms of the organisational iceberg, what kind of variable is the following
formal goals

A

overt

65
Q

Company outside FTSE 350 minimum number of NED

A

two

66
Q

NED in remuneration committee outside FTSE 350

A

2

67
Q

Chapter 2 of Competition act is specifically concerned with

A

abuse of dominant position

68
Q

What policy does the following relate to
taxation

A

fiscal

69
Q

What policy does the following relate to
public spending

A

fiscal

70
Q

What policy does the following relate to
public borrowing

A

fiscal

71
Q

What policy does the following relate to
interest rates

A

monetary

72
Q

What policy does the following relate to
exchange rates

A

monetary

73
Q

What is the following An objective of
economic growth

A

macroeconomic policy

74
Q

What is the following An objective of
stable inflation

A

macroeconomic policy

75
Q

What is the following An objective of
unemployment

A

macroeconomic policy

76
Q

What is the following An objective of
balance of payment

A

macroeconomic policy

77
Q

Chapter 1 of Competition act is concerned with

A

prohibiting anti-competitive agreements

78
Q

What covers
insider dealing

A

code of market

79
Q

What covers
disclosure creating unfair market place

A

code of market conduct

80
Q

What covers
misusing information as an insider

A

code of market conduct

81
Q

what factors merely assist in avoiding demotivation and dissatisfaction

A

hygiene factors

82
Q

what kind of factor is
a sense of challenge in the job

A

motivating

83
Q

what kind of factor is
working conditions

A

hygiene facto

84
Q

what kind of factor is
relationships with other staff

A

hygiene

85
Q

what kind of factor is
recognition

A

motivator factor

86
Q

what kind of factor is
quality of supervision received

A

hygiene

87
Q

Is implementation a strategic decision

A

no

88
Q

What is the problem with data from internet

A

authority - uncertainty whether it is reliable - whether it is authoritiative

89
Q

Is the following a way data analytics of big data can create value for business
measurement of actual performance and comparison against targets

A

Yes

90
Q

Is the following a way data analytics of big data can create value for business
identification of deviations of plan

A

No

91
Q

Is the following a way data analytics of big data can create value for business
establishing standards or targets to express planned performance

A

yes

92
Q

Is the following a way data analytics of big data can create value for business follow up action to correct adverse results or to exploit favourable variences

A

yes

93
Q

Is the following a way data analytics of big data can create value for business follow up action to correct adverse results or to

A
94
Q

Is the following a way data analytics of big data can create value for business
measure ideal performance

A

no

95
Q

Is the following a way data analytics of big data can create value for business
devise the plan

A

No

96
Q

T/F According to OECD principles of CG companies must protect and facilitate the following shareholder rights the right to receive all company profits

A

False

97
Q

T/F According to OECD principles of CG companies must protect and facilitate the following shareholder rights
the right to real time info concerning the company

A

False

98
Q

T/F According to OECD principles of CG companies must protect and facilitate the following shareholder rights
the right to participate in semi annual select meetings

A

False

99
Q

T/F According to OECD principles of CG companies must protect and facilitate the following shareholder rights
the right to have secure methods of ownership registration

A

True

100
Q

T/F According to OECD principles of CG companies must protect and facilitate the following shareholder rights
the right to elect and remove members of the board

A

True

101
Q

Who elects supervisory board

A

shareholders and employees

102
Q

NED have a prime role in what

A

determining appropriate levels of remuneration for executive directors

103
Q

advertising is a what technique

A

pull technique

104
Q

ensuring availability of product to consumers by encouraging intermediaries to stock the product is what technique

A

push

105
Q

What two models of human behaviour emphasise the importance of remuneration as a key need and motivator of people

A

theory X
Scientific management

106
Q

what kind of role is
not a new ideas person, but tends to pick up on others ideas and add to them while using wide social network as bridge from team to outside world

A

resouce investigator

107
Q

what view of strategic planning
businesses strategic capabilities are the driving force behind strategy, rather than forces at the work in industry

A

resource based view of strategic planning

108
Q

what view of strategic planning
forces at work in the industry are driving force behind strategy

A

positioning based view

109
Q

porters five face analysis is an example of analysing what environment

A

the external environment

110
Q

what is ansonoff’s matrix

A

means of assessing potential growth strategies of the company

111
Q

BCG
low market growth high market share

A

cow

112
Q

BCG
high market growth high market share

A

star

113
Q

BCG
high market growth low market share

A

?

114
Q

BCG
low market growth low market share

A

dog

115
Q

what product classification for harvest or hold

A

cash cow

116
Q

what product classification for
harvest or build

A

question mark

117
Q

what product classification for build strategy

A

stars

118
Q

what product capitalisation for divest or hold

A

dog

119
Q

annual fee, minimum order, access to brand and marketing suggest arrangement is a

A

franchies

120
Q

plc must have minimum of

A

one share holder two directors

121
Q

what section of finance would have responsibility for ensuring sound stewardship by managers of the resources entrusted to them

A

financial transaction recording section

122
Q

coefficient of variation

A

SD/Mean

123
Q

secondary banks are also known as

A

merchant banks

124
Q

primary banks are also known as

A

retail, commercial and cleaning banks

125
Q

T/F
Watermarks can be used to protect security of digital assets

A

True

126
Q

T/F encoding and encryption can be used to protect digital assets

A

True

127
Q

ICAEW investigation committee looked into complaint and found there is a case, but not serious enough to exclude or suspend practicing certificate - what will it do

A

offer a consent order

128
Q

What does a caution mean for the firm

A

no publicity
no fine
firm must pay costs

129
Q

ICAEW investigation committee received complaint from client and firm agreed compliant is valid - what do

A

remove practicing certificate (issue reprimand, fine, suspending practicing certificate)

130
Q

Who evaluates chairman in line with requirements of UK CG Code

A

NED taking into account views of executive directors

131
Q

Notice of AGM is despatched to shareholders at least

A

20 working days before the AGM

132
Q

What international standard covers environmental management

A

14001

133
Q

if supply curve is horizontal straight line, the PES is

A

perfectly elastic

134
Q

increased taxation but no increase in spending is what kind of fiscal stance

A

contractionary

135
Q

fixed tax per unit of a particular product applied to imports from a particular overseas country is a

A

tarrif

BTF (14 decks)

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