Month End Special Limited Time 65% Discount Offer - Ends in 0d 00h 00m 00s - Coupon code: get65

Page: 1 / 17

CIMA Certificate Fundamentals of Business Economics

Fundamentals of Business Economics

Last Update Jan 24, 2025
Total Questions : 468

To help you prepare for the BA1 CIMA exam, we are offering free BA1 CIMA exam questions. All you need to do is sign up, provide your details, and prepare with the free BA1 practice questions. Once you have done that, you will have access to the entire pool of Fundamentals of Business Economics BA1 test questions which will help you better prepare for the exam. Additionally, you can also find a range of Fundamentals of Business Economics resources online to help you better understand the topics covered on the exam, such as Fundamentals of Business Economics BA1 video tutorials, blogs, study guides, and more. Additionally, you can also practice with realistic CIMA BA1 exam simulations and get feedback on your progress. Finally, you can also share your progress with friends and family and get encouragement and support from them.

Questions 2

PetsPlus Pic. has outsourced its marketing operations to the recently established marketing firm MarketMe. MarketMe has devised and distributed an online survey on behalf of PetsPlus Pic, asking customers to

evaluate the products they purchase from the company.

An example of a question from the survey is as follows:

'What do you think of PetsPlus's decision to outsource its marketing operations to a marketing firm?

Which of the following best describes why this question will not yield good information for PetsPlus?

Options:

A.  

Relevance

B.  

Accuracy

C.  

Reliability

D.  

Cost efficiency

Discussion 0
Questions 3

.phone, a smartphone manufacturer, currently dominates the smartphone market.

Which of the following may explain why this is beneficial for the smartphone industry?

Options:

A.  

.phone's monopoly in the industry allows for better research and development, thus leading to better and more frequent technological advances

B.  

.phone's monopoly in the smartphone industry allows it to produce its phones at a more affordable price

C.  

.phone's monopoly allows the company to increase supply and therefore make smartphones more available, especially to those in developing markets

D.  

.phone's monopoly allows it to increase its own profits significantly, therefore benefiting the market as a whole

Discussion 0
Questions 4

A railway franchise in north-eastern Messu Potami has recently changed hands, and is now being operated by the company IstClass. However, IstClass already operate the railway franchise in northwestern Messu

Potami.

Which of the following courses of action would be most appropriate for the government of Messu Potami to take?

Select ALL that apply.

Options:

A.  

Establish a regulatory body to prevent a regional monopoly

B.  

Rerun the franchise bidding process if it found that IstClass are imposing additional price rises due to the regional monopoly

C.  

Allow the regional monopoly to exist, increasing fare prices for passengers on trains in both north-western and north-eastern Messu Potami

D.  

Impose a uniform sales tax on all railway tickets which would equalise prices across the country

E.  

Immediately nationalise the railway network, ending all private franchises and thus any regional monopolies

Discussion 0
Norah
Cramkey is highly recommended.
Zayan Oct 17, 2024
Definitely. If you're looking for a reliable and effective study resource, look no further than Cramkey Dumps. They're simply wonderful!
Hassan
Highly Recommended Dumps… today I passed my exam! Same questions appear. I bought Full Access.
Kasper Oct 20, 2024
Hey wonderful….so same questions , sounds good. Planning to write this week, I will go for full access today.
Robin
Cramkey is highly recommended.
Jonah Oct 16, 2024
Definitely. If you're looking for a reliable and effective study resource, look no further than Cramkey Dumps. They're simply wonderful!
Melody
My experience with Cramkey was great! I was surprised to see that many of the questions in my exam appeared in the Cramkey dumps.
Colby Aug 17, 2024
Yes, In fact, I got a score of above 85%. And I attribute a lot of my success to Cramkey's dumps.
Questions 5

An example of forward vertical integration is

Options:

A.  

The merger between Mercedes and Chrysler in the car industry

B.  

A car manufacturer taking over an engine factory

C.  

The Ford car company producing refrigerators

D.  

A car manufacturer investing in a chain of car showrooms and dealers

Discussion 0

BA1
PDF

$69.65  $199

BA1 Testing Engine

$78.75  $225

BA1 PDF + Testing Engine

$87.15  $249