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CIMA Managing Finance in a Digital World Sample Questions:

1. Which of the following best defines Business Process Re-engineering (BPR)?

A) BPR involves fundamental changes in the way the organisation operates.
B) The main aim of BPR is to save costs.
C) BPR is based on the idea that 80% of an outcome is dependant on only 20% of the inputs.
D) BPR is the continuous examination and improvement of processes.

2. Cloud computing is a growing IT strategy In which THREE of the following situations would this be a sensible IT strategy?

A) Frequent software changes
B) High in-house IT skills
C) High impact if data is lost
D) Need to reduce up front costs
E) Bespoke software
F) Unreliable internet access

3. G Company has recently undergone a series of redundancies meaning that, in the near future, opportunities for promotion of remaining staff are likely to be limited. If the company wishes to keep staff motivated, which of the following techniques should NOT be used?

A) Job standardisation
B) Job rotation
C) Job enrichment
D) Job enlargement

4. System changeover has four approaches, each of which vanes in terms of risk. cost and time.
Select the most suitable approach for when there is a need to minimise costs and time.

A) Pilot operation
B) Direct changeover
C) Phased changeover
D) Parallel running

5. Company E is renewing the IS within the organisation. This new system will enable all employees to access customer information, orders and credit control status to overcome the lack of integration between departments suffered with the previous system. Managers envisage some resistance to the change and want to try to make the transition as smooth as possible. To achieve this, all employees have been invited to share their ideas of what features the new system should include and how they would like the final interface to work. Which of Kotter, Schlesinger and Sache's methods of dealing with resistance is described above?

A) Education
B) Negotiation
C) Facilitation
D) Participation

Solutions: