NOV 2019 – Page 15

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.

Question

Answer

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Tags: Deontological Ethics, Duty Ethics, Non-Consequentialism
Level: Level 2

Topic: Ethics in Business
Series: NOV 2019

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

Discusses the differences between ethical subjectivism and situation ethics.

Question

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

Answer

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Tags: Business Ethics, Ethical Subjectivism, Situation Ethics
Level: Level 2

Topic: Ethics in Business
Series: NOV 2019

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

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

Question

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

Answer

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Tags: Business Strategy, Organizational Growth, Strategic Planning
Level: Level 2

Topic: Strategic Planning Process
Series: NOV 2019

CSME – Nov 2019 – L2 – Q5b – Corporate Governance

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

Question

(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)

Answer

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Tags: Board Structure, Corporate Governance, Two-Tier Board, Unitary Board
Level: Level 2

Topic: Corporate Governance
Series: NOV 2019

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.

Question

(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)

Answer

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Tags: Corporate Strategy, Risk Management, Risk Manager Efficiency
Level: Level 2

Topic: Risk Management, Risk Management and Corporate Strategy
Series: NOV 2019

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

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

Question

Answer

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Tags: Corporate Sustainability, Environmental Responsibility, Social Ecology
Level: Level 2

Topic: Corporate social responsibility
Series: NOV 2019

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

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

Question

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

Answer

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Tags: Carbon Neutrality, Corporate Sustainability, Environmental impact
Level: Level 2

Topic: Corporate social responsibility
Series: NOV 2019

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

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

Question

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)

Answer

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Tags: Corporate Social Responsibility, Environmental Footprint, Social Impact
Level: Level 2

Topic: Corporate social responsibility
Series: NOV 2019

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

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

Question

(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)

Answer

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Tags: Nolan Committee, Public Finance, Public sector governance
Level: Level 2

Topic: Ethical Issues in Corporate Governance
Series: NOV 2019

CSME – Nov 2019 – L2 – Q3a – Corporate Governance

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

Question

(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)

Answer

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Tags: Accountability, Corporate Governance, Fairness, Transparency
Level: Level 2

Topic: Corporate Governance
Series: NOV 2019

BMF – Nov 2019 – L1 – SA – Q2 – The Business Environment

Question about pricing arrangements between rival firms in an industry

Question

An arrangement between the rival firms in an industry to operate the same policies on pricing is called a/an:
A. Monopoly
B. Cartel
C. Merger
D. Acquisition
E. Strategic Alliance

Answer

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Tags: Competition, Market Structures, Pricing Policies
Level: Level 1

Topic: The Business Environment
Series: NOV 2019

BMF – Nov 2019 – L1 – SA – Q1 – The Role of Professional Accountants in Business and Society; Business and Organizational Structures and Choices

Identifying incorrect accountability in different business structures

Question

The management of an organisation is accountable to its owners for the performance of the firm. From the foregoing, which of the following statements is incorrect?
A. Charities are accountable to stakeholders
B. Limited liability partnership is accountable to the government
C. The directors of a company are accountable to equity holders
D. Managers of public sector enterprises are accountable to the government
E. Partners in a business partnership are accountable to the stakeholders

Answer

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Tags: Accountability, Business Structures, Partnerships, Stakeholders
Level: Level 1

MI – Nov 2019 – L1 – SA – Q20 – Electronic Business and E-Commerce

This question asks to identify which of the following is not a type of web hosting.

Question

Which of the following is NOT a type of web hosting?
A. Co-location
B. Reseller
C. Bandwidth
D. Dedicated
E. Free

Answer

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Tags: E-commerce, Management Information, MCQ, Web Hosting
Level: Level 1

Topic: Electronic Business and E-Commerce
Series: NOV 2019

MI – Nov 2019 – L1 – SA – Q19 – Information Systems

This question asks to identify the term for a standard that enables the connection, communication, and data transfer between computing endpoints.

Question

A convention or standard that controls or enables the connection, communication and data transfer between computing endpoints is called:
A. Internet
B. Computer network
C. Protocol
D. System architectures
E. Packet switching

Answer

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Tags: Communication Systems, Management Information, MCQ, Networking, Protocols
Level: Level 1

Topic: Information Systems Development and Security
Series: NOV 2019

MI – Nov 2019 – L1 – SA – Q18 – Computer Hardware, Software, and Data Life Cycle

This question asks to identify the input device that recognizes text or illustrations printed on paper and converts them into a digital format.

Question

An input device that recognizes text or illustration printed on paper and translates the information into a format which the computer can use is called:
A. MICR
B. OCR
C. OMR
D. Barcodes

Answer

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Tags: Input Devices, Management Information, MCQ, OCR
Level: Level 1

Topic: Computer Hardware, Software, and Data Life Cycle
Series: NOV 2019

MI – Nov 2019 – L1 – SA – Q17 – Information Systems

This question asks to identify the correct description related to closed loop systems.

Question

Which of the following is NOT correct?
A. A closed loop system responds to changes in the environment
B. The comparator is one of the elements of a control system
C. Deterministic systems use predetermined rules
D. Cybernetic systems adapt to the environment
E. Business systems are probabilistic systems

Answer

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Tags: Closed Loop Systems, Control Systems, Management Information, MCQ
Level: Level 1

Topic: Information Systems Development and Security
Series: NOV 2019

MI – Nov 2019 – L1 – SA – Q16 – Computer Hardware, Software, and Data Life Cycle

This question asks to identify the term for the physical part of a computer system and its connected peripherals.

Question

The physical part of a computer system and all the peripheral equipment connected to the CPU for input, output, and storage is known as:
A. Mainframe
B. Human ware
C. Hardware
D. Firmware
E. Computer architecture

Answer

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Tags: Computer Systems, Hardware, Management Information, MCQ
Level: Level 1

Topic: Computer Hardware, Software, and Data Life Cycle
Series: NOV 2019

MI – Nov 2019 – L1 – SA – Q15 Computer Hardware, Software, and Data Life Cycle-

This question asks to identify the term used for the use of two or more central processing units within a single computer system.

Question

The use of two or more central processing units within a single computer system is called:
A. Multi-tasking
B. Multi-programming
C. Multi-processing
D. Distributed processing
E. Real-time processing

Answer

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Level: Level 1

Topic: Computer Hardware, Software, and Data Life Cycle
Series: NOV 2019

MI – Nov 2019 – L1 – SA – Q14 – Information Systems

This question asks to identify the communication method that groups all transmitted data into blocks.

Question

A network communication method that groups all transmitted data, irrespective of content, type, or structure into suitably-sized blocks is called:
A. Web log
B. Clustered
C. Internet hosting
D. Packet switching
E. Website hosting

Answer

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Tags: Communication Systems, Management, Networking, Packet Switching
Level: Level 1

Topic: Information Systems Development and Security
Series: NOV 2019

MI – Nov 2019 – L1 – SA – Q13 – Business Process Technologies

This question asks to identify a disadvantage of using expert systems in an organization.

Question

Which of the following is NOT an advantage gained from the use of an expert system?
A. Allows non-experts to make expert decisions
B. Reduction in staff costs, that is, fewer experts are required
C. Improved allocation of human resources: experts concentrate on the more complex issues
D. Possible user resistance for higher-level experts
E. Fast, accurate, and consistent advice

Answer

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Tags: AI, Expert Systems, Management Information, MCQ
Level: Level 1

Topic: Business Process Technologies
Series: NOV 2019

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.

You're reporting an error for "CSME – Nov 2019 – L2 – Q6c – Ethics in Business"

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

Discusses the differences between ethical subjectivism and situation ethics.

You're reporting an error for "CSME – Nov 2019 – L2 – Q6b – Ethics in Business"

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

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

You're reporting an error for "CSME – Nov 2019 – L2 – Q6a – Strategic Planning Process"

CSME – Nov 2019 – L2 – Q5b – Corporate Governance

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

You're reporting an error for "CSME – Nov 2019 – L2 – Q5b – Corporate Governance"

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.

You're reporting an error for "CSME – Nov 2019 – L2 – Q5a – Risk Management and Corporate Strategy"

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

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

You're reporting an error for "CSME – Nov 2019 – L2 – Q4c – Corporate Social Responsibility (CSR)"

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

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

You're reporting an error for "CSME – Nov 2019 – L2 – Q4b – Corporate Social Responsibility (CSR)"

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

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

You're reporting an error for "CSME – Nov 2019 – L2 – Q4a – Corporate Social Responsibility (CSR)"

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

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

You're reporting an error for "CSME – Nov 2019 – L2 – Q3b – Ethical Issues in Corporate Governance"

CSME – Nov 2019 – L2 – Q3a – Corporate Governance

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

You're reporting an error for "CSME – Nov 2019 – L2 – Q3a – Corporate Governance"

BMF – Nov 2019 – L1 – SA – Q2 – The Business Environment

Question about pricing arrangements between rival firms in an industry

You're reporting an error for "BMF – Nov 2019 – L1 – SA – Q2 – The Business Environment"

BMF – Nov 2019 – L1 – SA – Q1 – The Role of Professional Accountants in Business and Society; Business and Organizational Structures and Choices

Identifying incorrect accountability in different business structures

You're reporting an error for "BMF – Nov 2019 – L1 – SA – Q1 – The Role of Professional Accountants in Business and Society; Business and Organizational Structures and Choices"

MI – Nov 2019 – L1 – SA – Q20 – Electronic Business and E-Commerce

This question asks to identify which of the following is not a type of web hosting.

You're reporting an error for "MI – Nov 2019 – L1 – SA – Q20 – Electronic Business and E-Commerce"

MI – Nov 2019 – L1 – SA – Q19 – Information Systems

This question asks to identify the term for a standard that enables the connection, communication, and data transfer between computing endpoints.

You're reporting an error for "MI – Nov 2019 – L1 – SA – Q19 – Information Systems"

MI – Nov 2019 – L1 – SA – Q18 – Computer Hardware, Software, and Data Life Cycle

This question asks to identify the input device that recognizes text or illustrations printed on paper and converts them into a digital format.

You're reporting an error for "MI – Nov 2019 – L1 – SA – Q18 – Computer Hardware, Software, and Data Life Cycle"

MI – Nov 2019 – L1 – SA – Q17 – Information Systems

This question asks to identify the correct description related to closed loop systems.

You're reporting an error for "MI – Nov 2019 – L1 – SA – Q17 – Information Systems"

MI – Nov 2019 – L1 – SA – Q16 – Computer Hardware, Software, and Data Life Cycle

This question asks to identify the term for the physical part of a computer system and its connected peripherals.

You're reporting an error for "MI – Nov 2019 – L1 – SA – Q16 – Computer Hardware, Software, and Data Life Cycle"

MI – Nov 2019 – L1 – SA – Q15 Computer Hardware, Software, and Data Life Cycle-

This question asks to identify the term used for the use of two or more central processing units within a single computer system.

You're reporting an error for "MI – Nov 2019 – L1 – SA – Q15 Computer Hardware, Software, and Data Life Cycle-"

MI – Nov 2019 – L1 – SA – Q14 – Information Systems

This question asks to identify the communication method that groups all transmitted data into blocks.

You're reporting an error for "MI – Nov 2019 – L1 – SA – Q14 – Information Systems"

MI – Nov 2019 – L1 – SA – Q13 – Business Process Technologies

This question asks to identify a disadvantage of using expert systems in an organization.

You're reporting an error for "MI – Nov 2019 – L1 – SA – Q13 – Business Process Technologies"

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