Series: NOV 2019

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CSME – Nov 2019 – L2 – Q6c – Ethics in Business

Discusses ethical non-consequentialism with a focus on duty and highlights problems associated with this ethical theory.

(c) Discuss ethical non-consequentialism, its emphasis on duty, and highlight TWO of its problems. (9 Marks)

 

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CSME – Nov 2019 – L2 – Q6b – Ethics in Business

Discusses the differences between ethical subjectivism and situation ethics.

b) Distinguish ethical subjectivism from situation ethics. (6 Marks)

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CSME – Nov 2019 – L2 – Q6a – Strategic Planning Process

Defines business strategy and highlights key questions that a five-year business strategy must answer.

(a) Define “business strategy” and highlight EIGHT questions that a five-year business strategy must seek to answer. (5 Marks)

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CSME – Nov 2019 – L2 – Q5b – Corporate Governance

Analyzes the alternative types of board structures and provides arguments for the most viable option.

(b) Analyze the alternative types of board structure that a company might adopt and provide an argument in support of the one you consider to be more viable. (10 Marks)

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CSME – Nov 2019 – L2 – Q5a – Risk Management and Corporate Strategy

Outlines a presentation on the functions and determinants of the efficiency of a risk manager.

(a) You are preparing for a job interview as a risk manager. This requires you to make a ten-minute presentation on the functions and determinants of the efficiency of a risk manager.

Required:
Present an outline of your 10-minute presentation. (10 Marks)

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CSME – Nov 2019 – L2 – Q4c – Corporate Social Responsibility (CSR)

Explores the concept of social ecology and its impact on corporate social responsibility.

(c) Discuss the concept of social ecology. (5 Marks)

 

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CSME – Nov 2019 – L2 – Q4b – Corporate Social Responsibility (CSR)

Explores the concept of carbon neutrality and its application to corporate operations.

(b) Discuss the concept of carbon neutrality in relation to the operations of companies. (5 Marks)

 

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CSME – Nov 2019 – L2 – Q4a – Corporate Social Responsibility (CSR)

Discusses the environmental and social impacts created by organizations in their pursuit of economic wealth.

a) In their quest to create economic wealth, business organizations leave environmental and social footprints.

Required:
Discuss environmental and social footprints of organizations. (10 Marks)

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CSME – Nov 2019 – L2 – Q3b – Ethical Issues in Corporate Governance

Discusses the application of six principles of the Nolan Committee in public finance management.

(b) The public sector is the driver of the economies of many developing nations. Public Finance Management has become a focus of attention in these economies. Development partners have therefore drawn the attention of governments to the Nolan Committee’s report on Standards in Public Life.

Required:
Discuss SIX of these principles for public office holders and show how they can enhance performance in the public sector. (6 Marks)

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CSME – Nov 2019 – L2 – Q3a – Corporate Governance

Discusses basic concepts that are essential for good corporate governance and their relation to governance practices.

(a) There are basic concepts that must be observed for good corporate governance in an entity.

Required:
Discuss these concepts and show how they relate to good corporate governance. (14 Marks)

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BMF – Nov 2019 – L1 – SB – Q1b – Business and Organizational Structures and Choices

State two characteristics of formal organisations and four characteristics of informal organisations.

State TWO characteristics of formal organisations and FOUR characteristics of informal organisations.

(6 Marks)

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BMF – Nov 2019 – L1 – SB – Q1a – Basic Management Functions

Construct and explain Mendelow’s 2x2 interest-power matrix for managing stakeholders' interests.

(a) Managing stakeholders’ interests can be a challenging task for managers. Mendelow proposed a model of mapping each stakeholder’s power and interest in order to win particular stakeholder groups for business decisions.

Construct the 2×2 interest/power matrix and recommend approaches for dealing with each stakeholder group. (14 Marks)

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BMF – Nov 2019 – L1 – SA – Q20 – Basics of Business Finance and Financial Markets

Identifying a short-term funding source that is not used for long-term financing of public limited companies

Public limited liability companies (Plc) obtain funds from a variety of sources. Which of the following is NOT a source of long-term funds for a public limited liability company?
A. Public offer
B. Commercial paper
C. Rights issue
D. Offer for Sale
E. Retained earnings

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BMF – Nov 2019 – L1 – SA – Q19 – The Role of Professional Accountants in Business and Society

Identifying a reason that is not typically associated with setting up an NGO

A Non-Governmental Organisation (NGO) is set up to pursue certain non-commercial objectives. Which of the following is NOT a particular reason for setting up an NGO?
A. Human rights
B. Mental health
C. Economic research
D. Protection of children
E. Addressing of natural disasters

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BMF – Nov 2019 – L1 – SA – Q18 – Communications in Business

Identifying one of the key elements of communication planning

Which of the following is ONE of the four key elements of communication planning?
A. Efficiency
B. Authority
C. Structure
D. Regulation
E. Effectiveness

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BMF – Nov 2019 – L1 – SA – Q17 – Basics of Business Finance and Financial Markets-

Calculating the present value of a future amount with a given time preference rate

Assuming a 5% time preference rate, what is the present value of ₦12,000 received at the end of 15 years?
A. ₦3,772.00
B. ₦4,772.00
C. ₦5,772.00
D. ₦6,772.00
E. ₦7,772.00

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BMF – Nov 2019 – L1 – SA – Q16 – Basics of Business Finance and Financial Markets

Identifying the market where Treasury bills are traded

The market for Treasury bills is known as the:
A. Money market
B. Discount market
C. Financial system
D. Financial market
E. Intermediation market

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BMF – Nov 2019 – L1 – SA – Q15 – Basics of Business Finance and Financial Markets

Identifying a management accounting function among finance functions

Which aspect of these finance functions is generally regarded as a management accounting function?
A. Ratio analysis
B. Budget preparation
C. Managing financial derivatives
D. Maintaining a good system of accounts
E. Setting of financial objectives and targets

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BMF – Nov 2019 – L1 – SA – Q14 – Basics of Business Finance and Financial Markets

Calculating the future value of semi-annual savings with compound interest

Larry wishes to save money towards his new-born daughter’s wedding. He intends to save ₦50,000 on the first day of every 6 months for 18 years, starting immediately. The account pays interest of 6% compounded semi-annually. What will be the balance on the account at the end of 18 years?
A. ₦3,258,748.33
B. ₦4,368,748.34
C. ₦5,278,748.33
D. ₦6,588,748.33
E. ₦6,788,748.33

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BMF – Nov 2019 – L1 – SA – Q13 – Basics of Business Finance and Financial Markets

Calculating the present value of a future amount with compounded interest

What is the present value of N10 million in 8 years, if money could be deposited at 6.5% compounded quarterly?
A. N15.73 million
B. N16.75 million
C. N17.73 million
D. N18.75 million
E. N19.46 million

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