QQ登錄
微博登錄
微信登錄
1.6
If interest rates are high:
A there will be an increase in investment
B output will increase, to satisfy increased demand
C the country’s currency will strengthen
D exports will increase (2 marks)
Required:
Each of the sub-questions numbered 1.7 to 1.8 below requires a brief written response. The
response should be in note form and should not exceed 50 words.
1.7
Many organisations are now actively seeking flatter hierarchies, better quality and
ways of contracting out non-core activities. What are the implications of these
developments for the five basic parts of the organisation identified by Mintzberg?
(4 marks)
1.8
Explain what general principles of corporate governance apply to the Board of
Directors. (4 marks)
(Total: 20 marks)
KAPLAN PUBLISHING
INTERIM ASSESSMENT QUESTIONS
SECTION B
ANSWER ALL PARTS OF THIS QUESTION
QUESTION 2
Revor Cars is an ailing motor vehicle manufacturer which has just been acquired by a large
foreign investor, HK Holdings.
Revor was once a source of national pride, producing high-quality, innovative designs
popular in its local market. One product, the Mighty Atom, was originally conceived and
constructed fifty years ago, and is still considered one of the best small cars around.
However, the rest of the product lines, including sports and saloon cars, are rapidly losing
their appeal, being overtaken by overseas manufacturers who can offer quality, functionality
and reliability at extremely competitive prices.
HK Holdings understands that it needs to invest in Research and Development, in order to
develop new and improved products, whilst at the same time supporting the handful of
models which are likely to remain profitable for the next three years. To do this, it is
embarking on an organisational-wide quality-improvement programme, similar in substance
to improvement approaches it had already delivered successfully in its home country. The
thrust of the programme will include:
?
The need to instil a culture of excellence driven by committed, quality-focused teams
?
The need to provide every employee with a simple set of ideas as to how to
implement quality improvements in their workspace
?
The need to monitor performance closely through the use of appropriate performance
indicators.
One aspect of the change strategy will be to make further use of technology in Revor’s
production facility. HK has already identified the need for a multi-million-dollar investment
in CAD/CAM technologies in order to successfully develop an ERP system at the heart of a JIT
manufacturing methodology. It understands that an OPT philosophy will assist in targeting
key improvement areas, and that existing MRP technologies will need to be replaced.
In order to deliver these major changes, particularly in the new systems development
projects, HK is *uating the use of outsourcing. This would involve the use of local
technology suppliers in the analysis, design and implementation of a number of systems. As
an alternative, HK could bring in its own in-house technologists from its home country,
although finding a suitable team willing to live for long periods in a foreign land may prove
difficult.
You are a management consultant working alongside HK Holdings management team as they
*uate strategic and tactical options during the first few weeks following the acquisition of
Revor Cars.
精彩推薦：2015年CIMA考試指南專題2015年CIMA考試常見問題匯總解析
