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Free E2 Questions Attempt

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Total 185 questions

Managing Performance Questions and Answers

Question 13

The type of culture typified in an organisation where there is a clear hierarchical structure, formalised rules for decision making and clearly defined jobs is called a  

Options:

A.

Task Culture

B.

Person Culture

C.

Power Culture

D.

Role Culture

Question 14

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. 

Question 15

A building project for developing new homes to customers' own specification is behind schedule and will incur penalty payments if the next milestone is not achieved on time.

 

Which of the following strategies would be appropriate in order to get the project back on track and that will not compromise customer satisfaction and could still minimse the overall cost of development?

 

Select All that apply.

Options:

A.

Motivate labour resources to work smarter.

B.

Identify activities that are not adding value.

C.

Reduce the specification for the project build.

D.

Consider increasing the number of builders working on the project each day.

Question 16

Which term best describes the structure where the finance function is carried out by an external party?

Options:

A.

Internal outsourcing

B.

Business process outsourcing

C.

Shared service centre

D.

Embedded function

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Total 185 questions