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E2 Exam Dumps : Managing Performance

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Managing Performance Questions and Answers

Question 1

A low cost airline is operating three flights a day between two industrial cities in neighbouring countries. The cities are 300 km apart and the terrain between the two countries is mostly flat grasslands. The two cities are also linked by motorways and a railway line.

 

At first the airline enjoyed first mover advantage and generated healthy profits for three years. But more recently, the airline is experiencing intense competitive pressures, reduced passenger numbers and lower returns. The airline directors are using Porter's Five Forces framework to analyse the nature and severity of the various competitive forces being experienced.

 

In the context of this model which of the following forces would be considered as a threat of a substitute product or service?

Options:

A.

High speed rail connection between the two cities

B.

National airlines competing in low cost markets

C.

Foreign airline now offering a service on this route

D.

Corporate customers driving down ticket prices

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Question 2

A project manager is calculating the budget cost of a single project task called "Server Configuration".

 

This task is estimated to last 8 weeks and requires the full-time services of two software consultants, both for the entire duration of the task.

One consultant commands an inclusive rate of $400/day and the other $40/hour based on an eight hour day. Fixed hardware costs of $12,000 have also been estimated for the task.

 

Calculate the total budget cost for the task (ignoring any other resources or costs) - assuming a five day working week.

 

Give your answer as a whole number.

 

The total cost is $    .

Options:

Question 3

Which of the following best describes generic competitors?

Options:

A.

Competitors which compete for the same income as the company.

B.

Competitors which compete with products which, although technically quite different, satisfy the same needs.

C.

Competitors which have similar goods but not necessarily the same size or structure organisation.

D.

Competitors which have similar size and structure and offer similar products to the same customers.