CIMA E1 Managing Finance in a Digital World Flashcards
What is a ‘mindset’?
What is a ‘digital mindset’ in respect of accountants?
McKinsey, a firm of management consultants, in their July 2016 quarterly bulletin have suggested that:
CGMA’s briefing paper, “Changing competencies and mindsets”, suggests that accountants will require four sets of skills. What are these?
The original triangle shaped accounting function hierarchy has progressed through two other shapes. What are these?
What are the four levels of the hexagonal structure of the finance function?
Why are levels three and four of the hexagonal structure of the finance function smaller than in the traditional triangular structure?
Which component of the finance function carries out tasks such the following?
What finance function does the following define?
What are the three elements of managing errors and their occurrence in an accounting system?
Items of expense reduce profits whilst capital expenditure does not. An accountant could come under pressure to deal with expenditure incorrectly to boost profits (ie to treat expenses as capital expenditure).
This is an example of what?
What are the four industrial revolutions?
What are the two types of knowledge?
What is the difference between data and information?
What are the ACCURATE elements of good information?
Which level of an organisation (operational, tactical or top management)
Describe a LAN
Describe a WAN
Which of the following primarily use mobile phone technology?
Cloud technology primarily uses data and programs stored locally.
What is an intranet?
What is an extranet?
What are the four Vs of big data?
What are the processes of extraction, transformation and loading?
What is meant by ‘monetising data’?
What are the primary activities of Porter’s value chain?
What are the support (or secondary) activities of Porter’s value chain?
What is the difference between push and pull models of supply chains?
What are the two axes of the supply portfolio matrix?
What is the correct label for the blank quadrant in the diagram below?
What is ‘lean synchronisation’?
What are the five types of supply chain relationship management?
What are MRPI and MRPII?
What is CNC in process technology?
Flexible manufacturing arises from two sources. What are these?
What is additive manufacturing (3D printing)?
What is meant by Quality control?
What is meant by Quality assurance?
What is meant by Quality management?
In quality management, what are the two costs of conformance?
In quality management, what are the two costs of non-conformance?
What is ‘kaizen’?
What is DMAIC?
What is meant by ‘reverse logistics’?
What are the elements of the PESTEL model?
What is market segmentation?
What are the three types of market targeting?
What are the 7Ps of product positioning?
What is price skimming?
What are the four influences on a product’s price? (4 Cs)
What are the four types of competition?
What is meant by ‘the price elasticity of demand’?
What are the 6Is of e-business?
What are the three categories of market research?
The marketing of products and services differ in five respects. What are these?
In order, what are the four (or five) stages of a product life cycle?
What is life cycle costing?
What are the two axes on a Boston Consulting Group matrix?
What headings should go into the blank boxes?
Why is a planning stage necessary in human resource management?
What is meant by an ‘open appraisal’?
Lockett suggested six barriers to human performance appraisal. What are these?
What is a competency framework?
What is the difference between ‘training’ and ‘development’?
Who developed the hygiene theory of motivation?
What are the three approaches or types of job design and which is expected to be most effective in improving motivation in the long term?
What are intrinsic and extrinsic rewards?
What is meant by the consequentialist approach to ethics?
What are CIMA’s five fundamental principles?
Card 1 of 69. Question side.