CIMA Updated E3 Exam Questions and Answers by ammar

Data mining involves looking for new patterns and relationships in the underlying data.

Data mining can guide decision-making and predict future behaviour.

Data mining uses statistical analysis tools and other intelligent techniques.

The goal of data mining is the extraction of data.

Learning curve effects depend on repetition of the same behaviour. Learning Organizations seek to modify behaviour.

Learning curve effects apply to the factory. Learning Organizations are always service industries.

Learning curve effects increase with time. Learning Organizations cease to learn after a time.

Learning curve effects always reduce costs. Learning Organizations always increase costs.

Product 2 is likely to be at the mature stage of its life cycle, is likely to benefit from significant economies of scale.

Product 3 is likely to be at the growth stage of its life cycle, at high risk of failure and further investment should be considered.

Product 1 is likely to be at the mature stage of its life cycle, operating in a contracting market and is fairly cash neutral.

Product 2 is likely to be at the growth stage of its life cycle, have weak profitability, poor cash generation and high capital requirements.

Product 1 islikely to be at the mature stage of its life cycle, have strong profitability and further investment should be considered.

Teams that cross departmental boundaries can destroy shared values.

Teams play minor roles in institutional change.

Individuals must become more than they were when working alone and must develop new commitments and behaviors.

Teams should continue after their purpose has been served.

Teams that cross departmental boundaries can develop new performance criteria.

Teams enhance learning and address change directly through creating recommendations and new ideas.