CIMA CIMAPRA19-E02-1-ENG E2 Managing Performance (Online) Online Training
CIMA CIMAPRA19-E02-1-ENG Online Training
The questions for CIMAPRA19-E02-1-ENG were last updated at Nov 19,2024.
- Exam Code: CIMAPRA19-E02-1-ENG
- Exam Name: E2 Managing Performance (Online)
- Certification Provider: CIMA
- Latest update: Nov 19,2024
Which THREE of the following would be considered as reasonable expectations of the mentoring process, for the mentee?
- A . Career enhancement
- B . Solving all problems
- C . Support with new challenges
- D . Discipline would be dispensed if they make a mistake
- E . Personal development
X is a manufacturing company that has achieved long term success by understanding the structure of its industry, and where necessary changing its strategy in order to achieve improved performance by outperforming its competitors.
Success has depended on the company exploiting the underlying economic factors (such as economies of scale) better than its competitors and maintaining this over time, so achieving sustainable competitive advantage.
Researchers would call this an "outside-in" approach to strategy, with the company choosing a strategy that responds to the challenges and changes posed by the external environment.
Which type of strategy is X adopting?
- A . Positioning approach
- B . Resource-based view
- C . Emergent strategy development
- D . Logical incrementalism
Barney (1991) identified four criteria necessary for a resource to be classed as unique and thus give competitive advantage. One of these is that it shouldn’t be substitutable and another is that it should be rare.
Which TWO of the options below make up the list of four?
- A . Valuable
- B . Imperfectly Imitable
- C . Perfectly Imitable
- D . Costly to obtain
The concept of core competences is key to successful outsourcing strategy. Organisations should:
- A . focus on core competences and outsource non-core competences to external firms that can add more value.
- B . focus on non-core competences in order to drive down the cost of non value adding activities.
- C . focus on core competences by outsourcing these functions to external firms that can add more value.
- D . focus on non-core competences by applying transaction cost theory to external firms.
China, Korea, Japan and Vietnam are high context cultures.
In business relationships in high context cultures, which THREE of the following are typical?
- A . People prefer to establish relationships first.
- B . People value expertise and performance.
- C . People form agreements based on trust.
- D . People prefer fast and efficient negotiations.
- E . People value personal relations and goodwill.
H is the owner of a motorcycle dealership in Los Angeles which provides sales, repair and servicing of very large motorcycles, typically with engines larger than 1000cc. Over the years H has built up a renowned team of highly skilled technicians that are experts in this particular size of motorcycle. H believes that their skills are rare and difficult, if not impossible, to imitate by any competitor in the region.
Despite this advantage the company has been suffering from declining profits in the past three years and the marketing consultant has advised H to change the focus of the company towards small 50cc mopeds and scooters – because that "is clearly what the market is now wanting".
The change being proposed is:
- A . from a resource-based view to a positioning approach.
- B . from a resource-based view to an incremental approach.
- C . from a positioning approach to a ‘market driven’ strategy.
- D . from a positioning approach to a rational model.
Which of the following is NOT a benefit of a good audit system?
- A . Provides a form of internal control.
- B . Provides a basis for improving the finance function’s presentation of a company’s financial records.
- C . Provides a basis for improving the finance function’s efficiency and effectiveness in the information it presents to management.
- D . Provides a basis for streamlining the finance function.
With reference to Herzberg’s motivation-hygiene concept (two-factor theory) relating to employee motivation, which of the following is a correct interpretation of his findings?
- A . The presence of hygiene factors are necessary in the workplace to prevent dissatisfaction.
- B . The absence of hygiene factors will inspire employees and improve motivation.
- C . The absence of hygiene factors will provide a better work environment and motivate employees.
- D . The presence of hygiene factors will increase employee morale and motivation.
An organisation undertakes a planned strategy and it is currently at the stage of completing a strategic analysis.
It has defined what it is seeking to achieve, identified the strengths and weaknesses of the company and has undertaken a corporate appraisal.
What stage of its strategic analysis has the organisation failed to carry out?
- A . An external analysis of the business’s environment
- B . Identification of strategic options
- C . Identification of functional policies
- D . Making strategic choices
Mintzberg describes various forms of strategy and labels each form.
Which of the following options contains the correct matching of label with description?
- A . Plan = means of identifying place in the environment/market
- B . Perspective = manoeuvre in a competitive business game
- C . Pattern = consistent behaviour over time
- D . Ploy = a path to get from here to there
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