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CIMA E2 Online Access

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Question 8

Charles Handy described organisational culture as:

Options:

A.

The way we do things around here

B.

Values embedded in an organisation

C.

An invisible bond which ties the people of the organisation together

D.

The way of the employees and their beliefs

Question 9

Because of the severity of actions of the employer an employee takes the decision to resign. This could be classed as which of the following?

Options:

A.

Calculative dismissal

B.

Wrongful dismissal

C.

Redundancy

D.

Constructive dismissal

Question 10

X is a major energy company and has discovered substantial onshore shale gas reserves in a rural part of the country. With new "fracking" technology, underground gas production could be profitable, provide jobs for local people and boost the local economy. This would require the purchase of large areas of land, without which the projects could not proceed.

 

Although local landowners were generally pleased to sell land to X at high prices, the reactions of local residents were less favourable as they were very concerned about the environmental impact.

 

Although their powers were limited, their influence on local councils was more significant. Every new fracking site was subject to strict planning controls and local councils controlled this process.

 

Using Mendelow's stakeholder management theory, which stakeholder group should be categorised as high interest/low power - with a strategy of "keep informed" (unless their power and influence start to increase)?

Options:

A.

Local residents

B.

Local landowners

C.

Local Councils

D.

Directors of X

Question 11

Which of the following best describes the purpose of Michael Porter's Five Forces model?

Options:

A.

To examine the macro environment to identify any triggers for change.

B.

To examine the internal environment to identify the strengths and weaknessness of the business which can be used to gain competitive advantage.

C.

To indentify the profit potential from the industry to determine whether to enter or remain in the industry.

D.

To analyse the stakeholders of the business and their power and interest in order to manage them effectively.

Page: 2 / 15
Exam Code: E2
Exam Name: Managing Performance
Last Update: May 16, 2024
Questions: 210
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