Question 46
An individual works for Organisation A.
They are responsible for collating financial information from all the local County primary schools in order to report budgetary requirements for the next financial year.
An individual works for Organisation B.
They are responsible for collating financial information from all the local charity shops in order to report donation items and items sold.
An individual works for Organisation C.
They are responsible for counting and recording raw materials stock, work in progress and finished goods stock on a monthly basis for the managers to report on rates of stock wastage and pilferage at the monthly board meeting.
For each of the organisations above, match them with the relevant sector below.
Question 47
Which THREE of the following describe the role process maps can play in an organisation?
Question 48
Mr W wants to replace the family car. The cost of repair is becoming prohibitive so he has agreed with his wife to buy a new vehicle.
Put the tokens below in the correct order to demonstrate the stages in the buying process, according to Lancaster and Withey.
Question 49
Which of the following is the term used to describe the degree to which a task in an organisation is divided into a number of separate activities?
Question 50
Company T needs to update its forecast for the remaining 9 months of the financial year to comply with its bank financing convenants. There is a debate between the manufacturing department, which wants to replace some large equipment within the next six months, and the finance function, which wants to ensure that sufficient reserves have built up to fund the purchase outright rather than exploring further financing options. Which conflicting factors are the two departments debating?
Select ALL that apply.