Free CIMA CIMAPRA19-P02-1-ENG Exam Questions

Become CIMA Certified with updated CIMAPRA19-P02-1-ENG exam questions and correct answers

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Total 205 Questions | Updated On: Jan 10, 2025

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Question 1

A manufacturing company has recently introduced a Total Quality Management (TQM) system. The company has invested heavily in the education and training of its staff, in addition to implementing new product design engineering. There is a plan to sample units from each batch of products manufactured to test for errors, although this has not yet been implemented due to budget constraints.
The company is experiencing high levels of customer complaints, with many faulty units being returned by the customer for refund or replacement. Sales revenue has fallen recently, mainly due to negative press coverage linked to dissatisfied customers.
Select the statement MOST likely to apply.

A : high level of external failure costs is the result of a lack of expenditure on prevention costs.

B : high level of internal failure costs is the result of a lack of expenditure on appraisal costs.

C : high level of external failure costs is the result of a lack of expenditure on appraisal costs.

D : high level of internal failure costs is the result of a lack of expenditure on prevention costs.

Answer: C

Question 2

An organization is competing in the high technology market. It sets a high sales price for its products initially to target the early adopters, and then the price is gradually reduced.
This pricing strategy is known as:

A : rket skimming

B : netration pricing

C : emium pricing

D : leader pricing

Answer: A

Question 3

Which TWO of the following expressions are correct?

A : 1 + money rate = (1 + real rate) x (1 + inflation rate)

B : 1 + real rate = (1 + money rate) / (1 + inflation rate)

C : 1 + real rate = (1 + inflation rate) / (1 + money rate)

D : 1 + money rate = (1 + inflation rate) / (1 + real rate)

E : 1 + inflation rate = (1 + money rate) x (1 + real rate)

Answer: A,B

Question 4

A manufacturing company is in the process of introducing just in time (JIT) and total quality management (TQM) into every aspect of its value chain.
Which TWO of the following are appropriate changes to make to the support activities in the organization's value chain?

A : bound logistics would need to ensure that materials of appropriate quality are delivered on a just in time basis.

B : erations would need to be carried out on a right first time basis as any failure could delay production.

C : ter sales service would need to ensure that appraisal costs are kept to a minimum.

D : ocurement would need to arrange to purchase goods so that they are delivered as required.

E : rm infrastructure would need to arrange appropriate training courses for staff.

F : chnology development would need to ensure that processes are continually improving.

Answer: A,D

Question 5

Firefighters risk serious and potentially fatal accidents whenever they attend an incident.
Which of the following statements is correct?

A : risk of serious accidents should be accepted in all but the most extreme incidents.

B : risk of serious accidents should always be accepted because that is what firefighters are paid to do.

C : risk of serious accidents should be avoided because the risk has a high probability and a high impact.

D : ery incident should be the subject of a detailed and thorough risk assessment before the firefighters are permitted to respond.

Answer: A

Page: 1 / 41

Total 205 Questions | Updated On: Jan 10, 2025

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