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E1 Exam Dumps : Managing Finance in a Digital World

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Managing Finance in a Digital World Questions and Answers

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Question 1

Which THREE of the following suggest an integrative approach to organisational purchasing according to Reck and Long?

Options:

A.

Purchasing managers are involved in strategy development.

B.

Competitive strategies rely on the effectiveness of organisational purchasing.

C.

Suppliers are viewed as vital partners.

D.

Supply is obtained at the best price once requested by departments.

E.

Timely information about product prices and availability can be obtained through organisational systems.

F.

Efficiency is at least equal to other organisational operations such as payroll and invoicing.

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Question 2

The psychological contract is by nature:

Options:

A.

unwritten and not legally binding.

B.

legally enforceable due to custom and practice.

C.

written as part of a worker's terms and conditions.

D.

renegotiated annually between management and unions.

Question 3

AB Company has recently produced a very successful brand of washing powder which has achieved high market growth and a high market share. According to the Boston Consulting Group (BCG) matrix what is the product's next stage of development?

Options:

A.

Cash cow

B.

Star

C.

Question mark

D.

Dog

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