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E2 Exam Dumps : Managing Performance

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Managing Performance Questions and Answers

Question 1

Which of the models below identifies triggers for change from the macro environment?

Options:

A.

Michael Porter's Five Forces

B.

Michael Porter's Diamond

C.

LoNGPEST

D.

Ansoff's Growth Matrix

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Question 2

GG, the new CEO in an organisation, was surprised to find out that the company does not undertake competitor analysis. He was told that, as the organisation operates in a very dynamic market,  things change too quickly to make analysis worthwhile.

 

Choose from the following the option that presents why competitor analysis is important.

Options:

A.

It allows the organisation to use the budget that the Marketing Department has been allocated so it doesn't lose it in the future.

B.

It is an activity that satisfies the senior managers' requests.

C.

If competitor analysis is not undertaken a new competitor could have entered the market and could reduce the sales of the organisation.

D.

It can help the company to market its products.

Question 3

John is a young management accountant who, after completing his examinations recently, was put in charge of a small established accounts department.

 

At his first progress review with his superior, he was very confident and enthusiastic about numerous initiatives. John expressed disappointment that his staff were so reactionary and uncooperative.

 

It would seem most of the staff reporting to John are dissatisfied about his leadership. The younger ones are frightened of him and they say he his always in a hurry. The older ones who have worked in the department for years are worried about John's risky decisions. Others resent him and are frustrated that John never listens to their ideas.

 

Which behaviour should John adopt to improve motivation in the department?

Options:

A.

John should dismiss the older staff and send the younger staff on training and take on an autocratic style of management.

B.

John should create time for one to ones with his staff and take on a participative style of management. Improving communication with regular briefings.

C.

John should not do anything as he will see things settle down over time and take on a more laissez-faire style of management.

D.

John should hire some external business consultants to overhaul the working practices and find solutions to get the department back on track.