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Managing Finance in a Digital World

Last Update Nov 23, 2024
Total Questions : 336 With Comprehensive Analysis

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P1 Total Questions : 180 Updated : Nov 23, 2024
F1 Total Questions : 248 Updated : Nov 23, 2024

Managing Finance in a Digital World Questions and Answers

Questions 1

L and M are setting up a business offering guided hiking holidays in national parks throughout the world. The price of the holidays will include airfares and accommodation; their initial research shows that there will be a huge variability in the cost of both.

What type of pricing will be appropriate for their holidays?

Options:

A.

Price discrimination

B.

Skim pricing

C.

Penetration pricing

D.

Loss leader pricing

Questions 2

RT Company produces sub components for the vehicle industry Worldwide changes in government regulation and social attitudes mean that there is an increasing pace of demand for hybrid and electric vehicles

B is the long serving finance manager of RT Company. Using various data and information provided by the finance function staff, and experience built up over many years. B is considering how new challenges might be overcome and how opportunities might be maximised by the company

In the context of the information to impact framework, which of the following best describes B's overall contribution to the anticipated changes'?

Options:

A.

Acumen

B.

Assembling

C.

Analysing

D.

Applying

Questions 3

E's manager is concerned about bullying in the organisation and has asked E to report on the situation.

As a result, E has carried out the following work;

• Collected data of the numbers of complaints made

• Produced a bar chart based on incidences in different departments

• Interviewed a sample of employees

• Calculated the cost of employees being away from work sick due to bullying

Which of the pieces of work that E has carried out is qualitative analysis?

Options:

A.

Producing a bar chart of incidences.

B.

Interviewing a sample of employees.

C.

Calculating a financial cost

D.

Collecting data of complaints