Free CIMAPRA19-P03-1 Exam braindumps download (CIMAPRA19-P03-1 exam dumps Free)

QUESTION: 167

H Ltd is a company providing postal and courier services to small businesses. Customers pay a monthly or annual subscription fee to use the service, plus a very small fee for each item delivered. A year ago, H employed a new sales team. Their remuneration is dependent on the number of new customers they sign up. Sales increased dramatically in the first six months, but now difficulties are emerging such as new customers dropping their subscription once the initial period has expired; subscriber direct debits being returned unpaid; subscribers going out of business and other similar issues.
Which of the following would be appropriate to help resolve these problems?

Alter the pricing structure in order to increase the price for sending each item but decrease the subscription element of the fee.
Ensure that a credit check is carried out before a subscriber is accepted.
Reduce the rate of commission payable to any sales person who fails to sign up at least an agreed minimum number of customers each month.
Alter the commission arrangements so that commission is payable only when the subscriber signs up for a second year.
Preparing a monthly report for sales persons detailing the performance of each new customer they have signed up over the previous year.

Answer(s): B,D,E

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QUESTION: 166

DFG is the largest bridge-building company in its home country, H. DFG works exclusively for the government of country H and the government awards DFG 80% of the contracts to build new bridges.
DFG's directors are considering using the big data approach to identify opportunities to increase sales revenues and profit.
Which of the following statements are true?

Big data has the potential to identify ways in which DFG can reduce construction costs.
DFG should supplement its existing databases in order to enhance the benefit from big data.
The big data approach may help DFG to price contract bids more accurately.
Big data has the potential to identify ways in which DFG can increase sales.
It would be unethical for DFG to use big data in order to compete even more effectively with its rivals.

Answer(s): A,B,C

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QUESTION: 165

A publicly funded hospital has put various features in place in an attempt to improve strategic control and create an improved control environment.
Which TWO of the following features are most likely to meet this objective?

An Audit Committee consisting of five independent persons with expertise in finance, human resources, and medicine.
A strict policy of capping the maximum salary payable to any employee at 110% of the average earned by that category of employee in the country in which the hospital is located.
The setting up of a Risk Management Committee to examine the strategic risks applicable to the entity and to formally report on a quarterly basis.
Ensuring that all medical staff are aware that their first priority should be to discharge patients as quickly as possible at all times so as to minimise wasting hospital resources.
Ensuring that the Head of Internal Audit examines and authorises all expense claims by hospital staff.

Answer(s): A,C

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QUESTION: 205

An oil company has entered into a joint venture with a competing oil company to develop a new oil field. The joint venture arrangement is intended to mitigate the risks associated with developing the oil field.
The following disclosure appears in the oil company's risk report:
"Many of our large projects and operations are conducted through joint ventures. These arrangements involve complex risk allocation and indemnification arrangements and we have less control over these activities than we would have if we had full ownership and control. Our partners may have economic or business interests that are opposed to ours, and may exercise the right to block key decisions or actions. We believe the joint arrangement is in our best interest." Which of the following statements are correct?

The risk report means that the shareholders know exactly how bad the risk is.
The risk report says nothing useful about the risk.
Now the shareholders know the directors are aware of the risk.
If the risk report had not reported the risk the shareholders might not have been aware of the risk.
The shareholders now have more useful information.

Answer(s): C,D,E

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QUESTION: 164

DRAG DROP (Drag and Drop is not supported)
V buys vegetables and fruit from three farms located in a different part of V's country and sells them to large supermarket chains.
A recent newspaper magazine had an article on these farms showing that the farms employ illegal immigrants whose status was used by the factory's owners to force them to work for low wages and in unpleasant conditions. They are forced to live in small overcrowded caravans with no running water. They are also given meals which are cold and poor quality. These farms are located in a developed country with strong labour laws.
Classify each of the following statements as true or false.