Company P is a recruitment agency specialising in placing accountancy and legal personnel in employment. A large part of the role of the agency is to meet the prospective individuals in order to ensure they are placed in the most appropriate roles.
Which THREE elements of the marketing mix relate specifically to the type of business described, to a greater extent than would apply to a manufacturing company?

• A.People
• B.Processes
• C.Price
• D.Promotion
• E.Physical evidence
• F.Product

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Simone is a management accountant at a jewellers called ShinyShiny. She is currently conducting operational reporting for them.
Which of the following will Simone not discover during her operational reporting?
Select ALL that apply.

• A.That ShinyShiny's processes need to be improved.
• B.That ShinyShiny isn't able to pay back its loans.
• C.That more men than women seem to be buying their products.
• D.That the gold bangles sell better than the silver bangles.
• E.That the level of sales in one shop are higher than another.

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Which of the following is a reason why businesses need to prepare statutory reports?

• A.To decide on their foreign exchange hedging policy.
• B.To ensure they have enough inventory on hand for production.
• C.To inform the investors how profitable the business is.
• D.To help compare budget with actual performance.

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The finance function of Company E are considering using blockchain technology for its ledger systems Which of the following will be an advantage of introducing this technology?

• A.Costs of maintaining and reconciling ledgers can be reduced
• B.It will be easy to understand and work with.
• C.Transactions are recorded by a sole participant
• D.Records can be easily changed and amended

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Running shoe manufacturer Bo Joggs have a long established method to ensure their product is right first time. The aim is to reduce the amount of quality checking. Internal processes and procedures are closely monitored so that the running shoes are of the highest standard before going to market.
What are Bo joggs likely to do to ensure this quality is maintained?
Select ALL that apply.

• A.Have the best quality shoe-making machinery.
• B.Adopt the Pa re to rule.
• C.Employ skilled shoemakers.
• D.Use the highest quality fabric.
• E.Train staff.
• F.Use a Kaizen method of production.

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