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Managing Finance in a Digital World Questions 86–90 (page: 19)

Updated On: 10-Feb-2026

Which of the following statements is correct in relation to a tall organisation?

  1. It has many levels of management and therefore a narrow span of control.
  2. It has many levels of management and therefore a wide span of control.
  3. It has only a few levels of management and therefore a narrow span of control.
  4. It has only a few levels of management and therefore a wide span of control.

Answer(s): A



Which of the following does NOT help to bring about operational improvement in the manufacturing process of an organisation?

  1. Kaizen
  2. Six Sigma
  3. Just-in-Time
  4. Market research

Answer(s): D



You need to select potential candidates for the role of an office manager in a very busy office. An assessment centre has been organised to overcome the shortcomings
associated with other selection techniques. Which of the following activities would be most suitable to assess candidates for the role of Office Manager?

  1. In-tray exercises
  2. A speech
  3. Self-appraisal
  4. A presentation

Answer(s): A



The process of human resources planning would involve the following: strategic analysis, forecasting, job analysis and recruitment and training. Which THREE of the following are issues relevant to forecasting?

  1. New technology
  2. Appraisal
  3. Divestments
  4. Rewards
  5. Induction
  6. Cost reduction plans

Answer(s): A,C,F



Inventory control, which maintains a low level of inventory, is important to ensure which of the following?

  1. Low holding costs
  2. Uninterupted production
  3. Continual customer satisfaction
  4. High level of redundant stock

Answer(s): A



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