The advantages of embedding the finance function within the business unit include which THREE of the following?
John is a young management accountant who, after completing his examinations recently, was put in charge of a small established accounts department.
At his first progress review with his superior, he was very confident and enthusiastic about numerous initiatives. John expressed disappointment that his staff were so reactionary and uncooperative.
It would seem most of the staff reporting to John are dissatisfied about his leadership. The younger ones are frightened of him and they say he his always in a hurry. The older ones who have worked in the department for years are worried about John's risky decisions. Others resent him and are frustrated that John never listens to their ideas.
Which behaviour should John adopt to improve motivation in the department?
In preparation for listing on the UK stock market a company has started to set up the various committees needed to comply with the UK Corporate Governance Code.
It has identified the need for an Audit Committee and has listed the characteristics below but are not sure if they are all correct.
Which of the options below is NOT a characteristic of the Audit Committee?
PRINCE2 clearly defines a set of roles for every active participant on a project. What is the role described below?
This is the person ultimately responsible for the business success of the entire project. They must ensure the project gives value for money and balance the demands of business user and supplier.
This person is also the ultimate decision-maker in the project. For this reason they are appointed before the project starts. As the person is directly responsible for the project business case, it is expected that in most instances they are appointed from the customer side of the organisation.
Which of the following statements relate to Handy's role culture?
Select ALL that apply.
According to Mintzberg, a manager must exhibit which of the following skills in order to create the conditions for new ideas to flourish and strategies to emerge?
Select ALL that apply.
A Company is undertaking a project for the first time and has given the Finance Manager the task of managing the project. He has been advised to use PERT, as it will help him with his Critical Path Analysis (CPA).
What information will the calculation using PERT provide the Finance Manager with to use in his CPA?
DD is in charge of a group of twelve people involved in complex work. The group work together amicably and DD's leadership is valued. DD is supported by KK, who often deals with the group on behalf of DD.
Recently KK resigned for family reasons, along with another member of the group who became despondent with change and DD has now recruited new members to the group.
DD has found the group dynamics have changed and various members complain about what they are expected to do.
Which of the following is the least appropriate approach that DD should adopt to ensure the group reverts back to its former cohesiveness?
Which of the following is CIMA's definition of strategy?
Organisational change can be promoted by many different triggers. Which THREE of the following are external triggers of change?