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Managing Finance in a Digital World Questions 131–135 (page: 28)

Updated On: 10-Feb-2026

Which of the following best describes a virtual team formed by individuals from different companies to achieve a common aim?

  1. Functional
  2. Extended supply chain
  3. Inter-organisation
  4. Matrix-structure organisation

Answer(s): C



Which of the following are benefits of appraisals? Select ALL that apply.

  1. Identifies where the employee needs improvement and how to go about it.
  2. Ties in with career planning.
  3. Sets targets to help improve employee motivation.
  4. Rewards performance above and beyond the expected.
  5. Allows manager/employee to exchange feedback.
  6. Can reduce the chance of confrontation occurring.
  7. The process is usually devoid of bias.
  8. Bureaucracy is reduced.

Answer(s): A,B,C,D,E



Which of the following specifically describes experiential marketing?

  1. Experiential marketing uses marketing techniques to motivate employees.
  2. Experiential marketing uses marketing techniques to achieve non-commercial goals.
  3. Experiential marketing uses marketing techniques to create an emotional connection between a person and a brand.
  4. Experiential marketing uses marketing techniques to maximise profits.

Answer(s): C



The development of technical maps of rules and data structures would be part of which level of a data modelling process?

  1. Visualisation
  2. Conceptual
  3. Logical
  4. Physical

Answer(s): C



Finance business partners are seen as leaders that can influence the decisions that businesses make. Which of the following best describes their role in this process?

  1. Executing strategies set by the CEO
  2. Providing preliminary insight
  3. Maximising value
  4. Generating information

Answer(s): C



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