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I have doubt of the answer provided in the textbook and I don’t understand it, Hope I can get help from here and clarify my question.Thank you very much 🙂
1) internal function that give competitive advantage to the company are outsourced to third parties.
A. Hollow
B. Virtual
C. Modular
Answer is B
Why is B not A?2) ____system pool data from internal and external sources and make information available to senior managers for unstructured decisions.
Which word or phrase correctly completes the above sentence?
A. Expert
B. Executive information
C. Management information
D. Decision support
Answer is B
But My answer is D, for unstructured decision why it does not use the decision support system?3) imported inflation occurs in countries which make significant levels of purchases from foreign suppliers and where ___
A. The money supply rises
B. The national currency weakens
C. The national currency strengthens
Answer is B
But my answer is C4?Mrs Grey likes swimming and playing badminton as part of her exercise routine.She has a budget of up to $25 to spend each week on getting fit.Each trip to the swimming pool costs $3,and each badminton session costs $4
Her marginal utility schedule is given below :
Number of trips Marginal utility of swimming Marginal utility of badminton
1 90 100
2 80 90
3 70 80
4 60 70
5 50 60Which combination of activities gives Mrs Grey the highest utility?
Swimming Badminton
A 1 5
B 3 4
C 4 3
D 2 4
Answer is B,how to calculate this marginal utility?5?What is a competence framework mainly used for?
A. To identify present level of competence
B To identify training needs
C To evaluate training success or failure
Answer is A
But my answer is BQ1. I would choose A. See https://www.accaglobal.com/gb/en/student/exam-support-resources/fundamentals-exams-study-resources/f1/technical-articles/organisations.html
Q2. DSS and ESS merge from one to the other without a hard cut-off. I think what swings this towards ESS is the mention of information from eexternal sources and senior managers.
Q3. If the current $/£ exchange rate were 1.5 $/£, imposts from the Usa to the Uk costing $60,000 would cost £40,000. If the £ weakened to say 1.2$/£, those imports would cost £50,000. This would cause UK inflation.
Q4. People want to maximise their marginal utility (increased enjoyment). Initialy Mrs G would choose a visit to badminton as 100>90. When making her second choice she can get 90 from either 1st swim or 2nd badminton. Say she choose swim. 3rd trip would give her 80 or 90 so would choose Badminton. And so on until she begins to run out of cash. She will end up with 70 margi al utility for each 3 swim x $3 =9 and 4 badminton x 4 = 16 and total expenditure 25.
Q5 Competency frameworks assess current levels of competence and compare this to required competence. This can be used to plan training, or to move the employee oe even to dismiss the employee.
HTH
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