XY Company has just completed a consumer survey which has produced large quantities of data regarding its products. Which of the following is NOT relevant in the processing of this data?

• A.Meanings are attributed to the data
• B.Data comparisons are made
• C.Data is filtered for relevance
• D.Data is disseminated to users

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A few years have passed since tech company NVision launched their new games console, Superbox. The product was once a star, with high, rising sales, but it is now selling quite poorly. In fact, it's selling so poorly that NVision are no longer making a return on the product.
Which of the following strategies would be the BEST for NVision to implement?

• A.Allow the product to follow its natural life-cycle.
• B.Pull out of the market or, if possible, sell the rights of Superbox to an individual or company who is willing to carry it on.
• C.Develop the product for a specific market segment who continue to have a need for it - this will allow NVision to sell the product at a higher price.
• D.Keep costs low and continue to sell the console.

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Which of the following is associated with the control activity of the finance function?

• A.Advising on Investment funding
• B.Preparing statutory reports
• C.Setting product prices
• D.Amending original budgets

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Place the following categories typically found in a 'person specification' next to each job holder's requirements.

Correct Answer:

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

• A.Identifies where the employee needs improvement and how to go about it.
• B.Ties in with career planning.
• C.Sets targets to help improve employee motivation.
• D.Rewards performance above and beyond the expected.
• E.Allows manager/employee to exchange feedback.
• F.Can reduce the chance of confrontation occurring.
• G.The process is usually devoid of bias.
• H.Bureaucracy is reduced.

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