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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 of the following is NOT a key feature of total quality management (TQM)?

Options:

A.

A staff appraisal system is used

B.

Management is committed to improvement

C.

All value chain participants are involved

D.

Costs for failure are reduced

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Question 2

Which of the following is a disadvantage of virtual operations?

Options:

A.

Flexibility and speed of operations

B.

Reduced investment in assets

C.

The suppliers/resources may also be available to rival operations

D.

Possible linkages in the value chain

Question 3

Which type of organisation is owned by its customers, strictly speaking is a not-for-profit organisation and is in the private sector?

Options:

A.

Sole trader

B.

Partnership

C.

Charity

D.

Mutual organisation

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