E2 Exam Dumps - Project and Relationship Management

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Question # 25

Which of the following are influential drivers of outsourcing?

Select ALL that apply.

Cost savings

Synchronised deliverables

New skill sets

Rapid growth

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Question # 26

The B Car Company is considering a joint venture with a company in Country X. It is undertaking a political risk analysis at both a micro and macro level. Which of the following is a micro level risk?

Threat of civil war in Country X

Government expropriation of private company assets wtthout compensation

Government regulation of the Car Industry in Country X

Political boycott of goods from Country X by several other countries

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Question # 27

The means by which competitive advantage might be gained differs, depending on whether a resource based approach or a positioning approach is adopted.

Which of the following options characterises the resource based approach?

Select ALL that apply:

Superior profitability depends on the firm's possession of unique resources.

Super normal profits result from either cost leadership, differentiation or focus.

Competitive advantage derives from a firm's position in relation to its competitors, customers and stakeholders.

Competitive advantage stems from some valuable asset or competence possessed by the firm.

Organisations need to ensure they are continually monitoring the market place to make sure that their core competences are still valid.

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Question # 28

The advantagesÂ of embedding the finance function within the business unit include whichÂ THREE of the following?

It allows the accountant to provide information specific to a particular business unit with greater efficiency.

It prevents duplication of effort across the organisation.

It enables strong relationships to be developed between the accountant and the rest of the management team within a particular business unit.

It means that the accountant is able to develop best practice that can be of benefit to the whole company.

It allows the accountant to build up detailed local knowledge and understanding of the business unit.

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Question # 29

James argues that performance appraisal has its roots in three substantiated psychological principles, meaning that people workÂ / learnÂ /Â achieve moreÂ when they are given the opportunities.

WhichÂ of the followingÂ does NOT apply?

Information for human resource planning.

Involvement in the setting of tasks and goals.

Adequate feedback as to how they are performing, in other words knowledge of results.

Clear attainable goals so they know what to strive for.

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Question # 30

Mintzberg describes various forms of strategy and labels each form. Which of the following options contains the correct matching of label with description?

Plan = means of identifying place in the environment/market

Perspective = Â manoeuvre in a competitive business game

Pattern = consistent behaviour over time

Ploy = a path to get from here to there

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Question # 31

A Company achieves its competitive advantage by adopting a positioning view to strategy setting.

Which TWO of the technical models below are most suited to this approach?

Michael Porter's Value Chain.

PESTEL analysis.

Michael Porter's Five Forces model.

Resource Audit.