Question Tag: Disadvantages

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MFS – OCT 2022 – L4 – Q7 – Arguments for and Against Longer Branch Opening Hours

Write a report justifying three arguments in favour of longer branch opening hours and two potential disadvantages.

A distribution channel for service can be defined as any means of increasing the availability or accessibility of a service that also increases its use or the revenues from its use (Pezzullo, M.A. (1993). One of the strategies banks have been adopting to improve their overall branch delivery system is long opening hours thus attempting to provide a service when the customer requires since retailing is based on convenience. In your role as the Head of Retail Banking Department of your Bank, you have been asked to write a report to your Managing Director justifying three arguments in favour of longer branch opening hours and two potential disadvantages.

(20 marks)

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MFS – OCT 2022 – L4 – Q6 – Advantages and Disadvantages of Geographical Structure

Write a memo on three advantages and two disadvantages of adopting a geographical structure.

Geographical structure is where a salesperson is assigned to a territory over which he or she is assigned a sole responsibility for sales achievement. In your role as an Accounts Relationship Officer of your bank, your Accounts Relationship Manager has asked you to write him a memo on three advantages and two advantages of adopting a geographical structure.

(20 marks)

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EOB – OCT 2022 – L1 – Q3 – Tax on Mobile Money Services

State and explain three advantages and two disadvantages of introducing a tax on mobile money services.

As a financial consultant of the banks in West Africa, state and explain any three advantages and two disadvantages of the introduction of a tax on mobile money services. (20 marks)

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SMM – APR 2023 – L4 – Q3 – Corporate Umbrella Branding Strategy

SMM – APR 2023 – L4 – Q3 - Corporate Umbrella Branding Strategy

Discuss three advantages and two disadvantages of the Corporate Umbrella branding strategy for banks in a workshop setting.

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CIB GH – INTRODUCTION TO ACCOUNTING – APRIL 2024 – L1 – Q6 – Budget Preparation and Activity-Based Budgeting

Describe the budget preparation process; list advantages and disadvantages of activity-based budgeting

(a) Describe the Budget Preparation Process. (10 marks)

(b) List Three (3) advantages and Two (2) disadvantages of Activity-Based Budgeting. (10 marks)

[Total: 20 marks]

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MI – Nov 2021 – L1 – SB – Q1b – Costing Methods

List three advantages and two disadvantages of Activity-Based Costing.

State THREE advantages and TWO disadvantages of the activity-based costing (ABC) system.

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MI – May 2022 – L1 – SB – Q6b – Electronic Business and E-Commerce

Identify two advantages and three disadvantages of a digital firm.

Identify TWO advantages and THREE disadvantages of a digital firm.

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MI – Nov 2022 – L1 – SB – Q6a – Cloud Computing

Definition of cloud computing and identification of its advantages and disadvantages

Information processing and computing services have moved from computer bureaus to cloud computing.
You are required to:
i. Define cloud computing. (2 Marks)
ii. Enumerate FIVE advantages and THREE disadvantages of cloud computing. (8 Marks)

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BMF – May 2023 – L1 – SA – Q2 – Business and Organizational Structures and Choices

Identify a disadvantage of virtual organisations.

Which of the following may be considered as a disadvantage of a virtual organisation?

A. May lack culture
B. Has no physical hub
C. Has no centre of operations
D. May use part-time workers
E. May use self-employed individuals

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MI – May 2016 – L1 – SB – Q5c – Computer Hardware, Software, and Data Life Cycle

State three advantages and three disadvantages of video conferencing.

State THREE advantages and THREE disadvantages of Video Conferencing.

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MFS – OCT 2022 – L4 – Q7 – Arguments for and Against Longer Branch Opening Hours

Write a report justifying three arguments in favour of longer branch opening hours and two potential disadvantages.

A distribution channel for service can be defined as any means of increasing the availability or accessibility of a service that also increases its use or the revenues from its use (Pezzullo, M.A. (1993). One of the strategies banks have been adopting to improve their overall branch delivery system is long opening hours thus attempting to provide a service when the customer requires since retailing is based on convenience. In your role as the Head of Retail Banking Department of your Bank, you have been asked to write a report to your Managing Director justifying three arguments in favour of longer branch opening hours and two potential disadvantages.

(20 marks)

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MFS – OCT 2022 – L4 – Q6 – Advantages and Disadvantages of Geographical Structure

Write a memo on three advantages and two disadvantages of adopting a geographical structure.

Geographical structure is where a salesperson is assigned to a territory over which he or she is assigned a sole responsibility for sales achievement. In your role as an Accounts Relationship Officer of your bank, your Accounts Relationship Manager has asked you to write him a memo on three advantages and two advantages of adopting a geographical structure.

(20 marks)

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EOB – OCT 2022 – L1 – Q3 – Tax on Mobile Money Services

State and explain three advantages and two disadvantages of introducing a tax on mobile money services.

As a financial consultant of the banks in West Africa, state and explain any three advantages and two disadvantages of the introduction of a tax on mobile money services. (20 marks)

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SMM – APR 2023 – L4 – Q3 – Corporate Umbrella Branding Strategy

SMM – APR 2023 – L4 – Q3 - Corporate Umbrella Branding Strategy

Discuss three advantages and two disadvantages of the Corporate Umbrella branding strategy for banks in a workshop setting.

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CIB GH – INTRODUCTION TO ACCOUNTING – APRIL 2024 – L1 – Q6 – Budget Preparation and Activity-Based Budgeting

Describe the budget preparation process; list advantages and disadvantages of activity-based budgeting

(a) Describe the Budget Preparation Process. (10 marks)

(b) List Three (3) advantages and Two (2) disadvantages of Activity-Based Budgeting. (10 marks)

[Total: 20 marks]

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MI – Nov 2021 – L1 – SB – Q1b – Costing Methods

List three advantages and two disadvantages of Activity-Based Costing.

State THREE advantages and TWO disadvantages of the activity-based costing (ABC) system.

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MI – May 2022 – L1 – SB – Q6b – Electronic Business and E-Commerce

Identify two advantages and three disadvantages of a digital firm.

Identify TWO advantages and THREE disadvantages of a digital firm.

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MI – Nov 2022 – L1 – SB – Q6a – Cloud Computing

Definition of cloud computing and identification of its advantages and disadvantages

Information processing and computing services have moved from computer bureaus to cloud computing.
You are required to:
i. Define cloud computing. (2 Marks)
ii. Enumerate FIVE advantages and THREE disadvantages of cloud computing. (8 Marks)

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BMF – May 2023 – L1 – SA – Q2 – Business and Organizational Structures and Choices

Identify a disadvantage of virtual organisations.

Which of the following may be considered as a disadvantage of a virtual organisation?

A. May lack culture
B. Has no physical hub
C. Has no centre of operations
D. May use part-time workers
E. May use self-employed individuals

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MI – May 2016 – L1 – SB – Q5c – Computer Hardware, Software, and Data Life Cycle

State three advantages and three disadvantages of video conferencing.

State THREE advantages and THREE disadvantages of Video Conferencing.

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