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IIA-CIA-Part4 – Certified Internal Auditor - Part 4, Business Management Skills

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Showing 7–9 of 20 questions

Question 7

Which of the following is a favorable condition for a firm competing in a profitable, expanding industry?

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    The firm does not have a strong customer base.
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    A few suppliers who can restrict supply.
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    Competitors find it difficult to acquire the firm's customers.
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    The firm has high costs relative to other firms in the industry.
Question 8

A production manager is working on a plan to increase employee motivation at a local plant by comparing results of employee interviews to those from employees at a higher performing plant. The manager is puzzled about the results of two sets of employee interviews. The employees interviewed performed identical jobs. Local employees thought their jobs were boring and unfulfilling while the other plant's employees were very satisfied. Even new employees at the local plant indicated they quickly lost enthusiasm. Identify the primary element the manager must overcome to enhance performance.

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    Negative job perception.
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    Inadequate job autonomy.
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    Lack of skill variety.
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    Low task significance.
Question 9

A leader who is able to gain compliance from a group based solely on personal attraction is said to have:

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    Reward power.
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    Coercive power.
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    Referent power.
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    Legitimate power.