Data mining is an important part of an Organization's knowledge discovery process.
Effective data mining provides insight and can help unlock previously hidden opportunities.
Which of the following are disadvantages of Data Mining?
Select ALL that apply.

• A.Ethical issues
• B.Financial crime issues
• C.Security issues
• D.Privacy issues
• E.Manufacturing issues

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AAA manufactures and sells a range of travel suitcases. One model, the 'Executive' has seen sales growth of around 3% for the last two years, following strong growth since its introduction eight years ago. This slow down in the 'Executive' sales growth is largely due to AAA's competitors offering products in direct competition with the 'Executive'. AAA has therefore had to reduce its price to match those of its major competitors. AAA has also recently upgraded the features of the 'Executive' model to include a variety of different colours and materials. It has also launched a marketing campaign to promote the benefits of the 'Executive' model against its competitors products.
Which stage of the product life cycle has the 'Executive' model of suitcases reached?

• A.Introduction
• B.Maturity
• C.Decline
• D.Growth

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Company CCC is an automotive component manufacturer. It manufactures three main products within its portfolio:
Product 1: Relative market share of 0.1; Market growth rate of -2%
Product 2: Relative market share of 4.0; Market growth rate of +3%
Product 3: Relative market share of 0.3; Market growth rate of +15%
Which TWO of the following statements are CORRECT? (Choose two.)

• A.Product 2 is likely to be at the growth stage of its life cycle, have weak profitability, poor cash generation and high capital requirements.
• B.Product 3 is likely to be at the growth stage of its life cycle, at high risk of failure and further investment should be considered.
• C.Product 2 is likely to be at the mature stage of its life cycle, is likely to benefit from significant economies of scale.
• D.Product 1 islikely to be at the mature stage of its life cycle, have strong profitability and further investment should be considered.
• E.Product 1 is likely to be at the mature stage of its life cycle, operating in a contracting market and is fairly cash neutral.

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You are the youngest member of the senior management team and have recently been invited to become a member of the company's Board.
You have been sent an outline agenda ahead of your Board induction meeting with the Company Secretary.
The first item on the agenda is the role of the Board.
Which of the following statements is NOT the role of the Board?

• A.Confirm the adequacy and alignment to strategy of internal control and risk management systems.
• B.Relinquish responsibility for implementation of strategy to management.
• C.Establish strategy with regard to the risk appetite of the Organization.
• D.Establish the company's vision, mission and values.

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CCC is a charity which has an excellent reputation within its home country. CCC employs over 300 highly experienced staff and also has 200 skilled volunteers. Its funding mainly comes from donations from the public but its public profile is low compared to larger, more publicised charities.
Due to the recent recession, public donations to CCC have fallen in the last five years, but demand for its services continues to grow.
The government of the country in which CCC operates is encouraging greater collaboration between charities and there have been several recent successful mergers within the charity sector. CCC has recently been approached by a high profile and well funded charity, PPP, with a proposal to merge. PPP offers complementary services to those offered by CCC.
Which TWO of the following factors would most likely be considered as an 'opportunity' for CCC?

• A.Merging with PPP.
• B.Donations from the public
• C.Highly experienced staff
• D.Growing demand for its services
• E.The excellent reputation of CCC

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