Question 1

CPO of Vestas, a wind turbine maker, devises a business case to win the key market in Latin America by developing market-specific strategies. To appeal senior management and directors, the CPO embeds the ways in which more outputs are generated with the same input and how to manage the potential hazards. Which of the following are elements that CPO uses to please the senior management and board of directors? Select TWO that apply.

Options :

A : Compliance issue

B : Improving productivity

C : Preparing the budget

D : Risk management

E : Environmental impact

Answer: B,D

Question 2

EV Inc is facing the following challenges:

1. The capital investment is enormous.

2. Most of company's working capital is in form of inventories, which include raw materials, work-in-progress and finished goods.

3. Competitors are increasingly deploying robotics and automation to boost productivity.

Which of the below business sectors does EV Inc belong to?

Options :

A : Retails

B : Manufacturing

C :

Construction

D : Financial services

Answer: B

Question 3

Which of the following are typical environmental considerations throughout the contract life cycle? Select the TWO that apply.

Options :

A : Inequality

B : Pollution control

C : Modern slavery

D : Waste management

E : Health and safety

Answer: B,D

Question 4

Which of the following specific markets is most likely to require enormous investment in machineries and access to skilled workforce?

Options :

A : Agriculture

B : Construction

C : Retail

D : Manufacturing

E : Finance

Answer: D

Question 5

Which of the following can directly affect labour variance? Select TWO that apply:

Options :

A : Company-s budget

B : Wage rate per hour

C : Overtime

D : Inflation

E : Overhead expenditure

Answer: B,C

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