Expert Answers to CIMA Exam BA1 Questions

Page: 1 / 17

CIMA Certificate Fundamentals of Business Economics

Fundamentals of Business Economics

Last Update Feb 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:

Relevance

Accuracy

Reliability

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:

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

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

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

.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:

Establish a regulatory body to prevent a regional monopoly

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

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

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

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

Discussion 0

Questions 5

An example of forward vertical integration is

Options:

The merger between Mercedes and Chrysler in the car industry

A car manufacturer taking over an engine factory

The Ford car company producing refrigerators

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

Discussion 0

Honey

I highly recommend it. They made a big difference for me and I'm sure they'll help you too. Just make sure to use them wisely and not solely rely on them. They should be used as a supplement to your regular studies.

Antoni Oct 25, 2024

Good point. Thanks for the advice. I'll definitely keep that in mind.

Stefan

Thank you so much Cramkey I passed my exam today due to your highly up to date dumps.

Ocean Aug 31, 2024

Agree….Cramkey Dumps are constantly updated based on changes in the exams. They also have a team of experts who regularly review the materials to ensure their accuracy and relevance. This way, you can be sure you're studying the most up-to-date information available.

Lennox

Something Special that they provide a comprehensive overview of the exam content. They cover all the important topics and concepts, so you can be confident that you are well-prepared for the test.

Aiza Oct 25, 2024

That makes sense. What makes Cramkey Dumps different from other study materials?

Addison

Want to tell everybody through this platform that I passed my exam with excellent score. All credit goes to Cramkey Exam Dumps.

Libby Aug 9, 2024

That's good to know. I might check it out for my next IT certification exam. Thanks for the info.

Sam

Can I get help from these dumps and their support team for preparing my exam?

Audrey Aug 29, 2024

Definitely, you won't regret it. They've helped so many people pass their exams and I'm sure they'll help you too. Good luck with your studies!

Title

Questions