Cima crack4sure ba1 Actual Questions by Finnley q468 vce pdf

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Exam Name:	Fundamentals of Business Economics
Exam Code:	BA1 Dumps
Vendor:	CIMA	Certification:	CIMA Certificate
Questions:	468 Q&A's	Shared By:	finnley

Question 36

The following table reports are for five hotels belonging to the same hotel chain, the rank in terms of sales performance (with 1 - best average score obtained in customer reviews, and the rank in terms of average score from customer reviews (with 1 = best average ..

Calculate the Spearman's rank correlation coefficient to one decimal place:

Questions 36

Options:

Discussion

Question 37

Which THREE of the following can be used to reduce the principal-agent problem in business organisations?

Options:

Requiring managers to uphold detailed disclosure and reporting practices

Introducing bonuses related to the profit performance of the business.

Implementing a 'top-down' decision-making process.

Implementing a share distribution scheme.

Requiring managers to take into account the interests of external stakeholders.

Discussion

Question 38

Which of the following is correct in regards to organisations?

Organisations achieve more than individuals can achieve on their own because they enable people to

(1) share skills and knowledge

(2) maximise individuals' interests.

(3) specialise

(4) pool resources

Options:

(1), (2)and(3)

(2), (3) and (4)

(1),(2)and(4)

(1), (3) and (4)

Discussion

Question 39

A study on a sample of 100 university students reports that the correlation coefficient between the students' attendance at accounting final accounting exam grade is 0.7.

Which of the following statements is true?

Options:

7% of an increase in grade can be explained by an increase in attendance.

Low attendance at lectures caused students to achieve lower grades

Students who attended more lectures tended to achieve higher grades

If we considered the same sample of 100 students, the correlation between attendance at economics lectures and their final econ would also be positive

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