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Free E2 Exam Braindumps (page: 15)

Page 14 of 53
PDF with 210 Questions

Which of the following best describes the resource based view of strategy?

  1. Carrying out a SWOT analysis to set strategy.
  2. Recognising that competitive advantage stems from some unique asset or competence possessed by the organisation.
  3. Recognising competitive advantage stems from scanning the environment.
  4. Setting a strategy by creating the conditions for new ideas to flourish.

Answer(s): B



Many analysts and researchers have written about understanding resistance in order to bring about successful and enduring changes in an organisation.

One writer wrote that "An issue is held in balance by the interaction of two opposing sets of forces - those seeking to promote change (driving forces) and those attempting to maintain the status quo (restraining forces)".

Select this writer.

  1. Kurt Lewin
  2. John Kotter
  3. Rosabeth Kanter
  4. Peter Drucker

Answer(s): A



The advantages of embedding the finance function within the business unit include which THREE of the following?

  1. It allows the accountant to provide information specific to a particular business unit with greater efficiency.
  2. It prevents duplication of effort across the organisation.
  3. It enables strong relationships to be developed between the accountant and the rest of the management team within a particular business unit.
  4. It means that the accountant is able to develop best practice that can be of benefit to the whole company.
  5. It allows the accountant to build up detailed local knowledge and understanding of the business unit.

Answer(s): A,C,E



Performance appraisal systems are designed to meet a number of objectives.
Which of the following is a positive objective of such a system?

  1. To motivate individuals by providing an opportunity for feedback and an opportunity for a staff member to discuss any issues.
  2. Managers have a reluctance to give the highest or lowest grades, so end up giving all members of staff an average grading.
  3. Timing of appraisals can lead to problems for management as it tries to schedule a number of performance appraisals within a short time frame.
  4. If the scheme does not have top level buy in, it will be unlikely to succeed and may become a box ticking exercise.

Answer(s): A






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