E1 Practice Exam Questions and Answers

Bright Idea Co. specialises in manufacturing light bulb filaments. It is considering outsourcing some of it activities in order to reduce costs and improve customer service.

Which of the following is an example of asset specificity that is likely to be an important consideration in their decision?

Which of the following is NOT a feature of a strategic level information system?

Which of the following is an advantage of outsourcing?

Which of the following effects on tax is a benefit of the implementation of Corporate Social Responsibility (CSR) strategies?

YZ Company has grown rapidly and has recently recruited a finance director to set up a more structured finance function. During this process care will be needed to ensure effective lines of communication between different disciplines within the whole function and to recognise the interdependencies.

Which of the following are examples of the interdependence of elements of the finance function?

Select ALL that apply.

Which THREE of the following features are likely to indicate that an organisation is following the marketing concept as a business philosophy?

SSS has adopted some outsourcing practices in order to improve efficiency of its operations. One of the managers has been made aware that the supplier is now also working for a competitor. Which TWO of the following should SSS be concerned with regarding the supplier's and ompetitor's new relationship?

Which of the following best defines Business Process Re-engineering (BPR)?

Running shoe manufacturer Bo Joggs have a long established method to ensure their product is right first time. The aim is to reduce the amount of quality checking. Internal processes and procedures are closely

monitored so that the running shoes are of the highest standard before going to market.

What are Bo joggs likely to do to ensure this quality is maintained?

Select ALL that apply.

Capturing and utilising big data is now a key element of many organisations' value adding process. Which of the following best describes the attribute of big data velocity*?