Question 61

The following definition has been provided by the Chartered Institute of Personnel and Development (CIPD):
'An activity which targets high performance and improvement at work and usually focuses on specific skills and goals, although it may also have an impact on an individual's personal attributes (such as social interaction or confidence). The process typically lasts for a relatively short period.' Which of the following activities does the above definition describe?
  • Question 62

    QQQ is Country M's largest supermarket with 40% of the market share. In addition it has opened several stores around the world in the last 10 years. One of the reasons for QQQ's success is its loyalty card. The loyalty card is used to gather information about the spending patterns of its customers. Around two billion pieces of information each week are captured and stored in an enormous data warehouse that can be accessed by QQQ and other selected large retail partners.
    The information can be used to assess the success of new product launches as well as which demographics of customer are making the purchases. The system also allows QQQ to tailor its special offers to particular segments of the market and to predict the buying behaviour of its customers, which assists QQQ in procurement planning.
    Which of the following best describes the activities outlined above for QQQ?
  • Question 63

    PQR is evaluating the use of scenario planning to improve its organisational foresight.
    Which THREE of the following are advantages of scenario planning?
  • Question 64

    In Johnson, Scholes and Whittington's model of rational strategy which of the following stages appear?
    Select ALL that apply.
  • Question 65

    Which TWO of the following are economic factors?