Question 86

Which THREE of the following statements are valid when considering setting and developing objectives for Not For Profit Organisations (NFPOs)?
  • Question 87

    MMM is a large national bank. MMM has developed a vision statement which states that it aims to:
    * Provide superior returns to our shareholders
    * Offer customers the best financial products on the market
    * Continuously train and develop our staff
    * Continually improve our business processes by utilising the latest information technology Which of the following would be an appropriate performance measure within a Balanced Scorecard for MMM?
  • Question 88

    Z is an organisation that designs and manufactures fibre optic connectors. It works closely with its suppliers and has built an online area that it uses to share documents, designs, and photographs with its suppliers. The area also facilitates real time communication with suppliers either via a computer or a mobile phone.
    Which of the following best describes Z's online area?
  • Question 89

    FFF is considering developing a new website that will allow it to advertise and sell its high quality jewellery products online. The Board of FFF has identified that the cost of developing and managing a website would be relatively low. It is predicted that FFF will sell only a small percentage of its products through the website, as most customers like the personal experience of shopping in store.
    However, research undertaken by the Marketing Director indicates that the website could be used very successfully by FFF for online marketing and customer communication. Therefore, the Marketing Director has suggested that FFF should develop an IT/ IS strategy to ensure a strategic focus for its website development. However, most of FFF's Board members, who are the main shareholders of the business, believe that developing an IT/IS strategy is unnecessary in order to develop and manage its website.
    Which of the following arguments could be made by the Marketing Director to the Board of FFF to persuade it that an IT/ IS strategy would be appropriate in relation to the current website development?
  • Question 90

    DDD is a business which sells entertainment products and now wants to move to a position where it uses e-business as a fundamental part of its business strategy.
    Which of the following benefits would result from DDD's use of e-business? (Choose all that apply.)