Free CIMA P2 Exam Dumps Questions & Answers

Which of the following factors would prevent a learning curve being observed for a task?

• A.The task has a significant automated element.
• B.The task has a significant manual element.
• C.The task is repetitive.
• D.There is a low rate of labor turnover of the staff carrying out the task.

A manufacturing company is in the process of introducing just in time (JIT) and total quality management (TQM) into every aspect of its value chain.
Which TWO of the following are appropriate changes to make to the support activities in the organization's value chain?

• A.Firm infrastructure would need to arrange appropriate training courses for staff.
• B.Procurement would need to arrange to purchase goods so that they are delivered as required.
• C.Inbound logistics would need to ensure that materials of appropriate quality are delivered on a just in time basis.
• D.Operations would need to be carried out on a right first time basis as any failure could delay production.
• E.After sales service would need to ensure that appraisal costs are kept to a minimum.
• F.Technology development would need to ensure that processes are continually improving.

SkillWeave are an international clothing manufacturer known for their durable and high quality products. Recently their biggest market in the world's premier customs union has had some economic volatility. This has resulted in the currency of this market being very unstable and difficult to predict in terms of whether it will retain, lose or gain relative value to domestic currency.
Which of the following is an effective risk reduction technique for SkillWeave's clothing sales to this region?

• A.Buy parts domestically to avoid using the region's currency
• B.Pay part suppliers from the region in domestic currency, generated from sales in the region
• C.Pay part suppliers from the region in their currency, generated from sales in the region
• D.Temporarily stop producing for and selling cars to the region

The following data relate to an investment opportunity.
The percentage reduction in the annual revenue that could occur before the project is no longer financially viable is:

• A.15.9%
• B.28.6%
• C.212.3%
• D.56.0%

SDF is a newly-established production company that is experiencing high staff turnover in its factory.
The production department is studying the manufacturing process and its associated learning curve.
Which of the following statements is correct?

• A.SDF's rapid staff turnover means that knowledge of the learning curve has little value.
• B.SDF's staff turnover will affect the learning curve.
• C.SDF can use the learning curve to determine labor budgets for the remainder of the first year of operation.
• D.SDF's staff turnover will disrupt the observation and measurement of the learning curve.