CIPS VALID L6M5 TEST LABS - LATEST-UPDATED L6M5 STUDY CENTER AND USEFUL STRATEGIC PROGRAMME LEADERSHIP NEW BRAINDUMPS

CIPS Valid L6M5 Test Labs - Latest-updated L6M5 Study Center and Useful Strategic Programme Leadership New Braindumps

CIPS Valid L6M5 Test Labs - Latest-updated L6M5 Study Center and Useful Strategic Programme Leadership New Braindumps

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CIPS Strategic Programme Leadership Sample Questions (Q66-Q71):

NEW QUESTION # 66
Glitter Kitten Ltd is considering two expansion options. The CEO wants a quick analysis and uses the Payback Method.
Q: What financial metric is the leadership team using for expansion?
Answer Options:

  • A. Interest rate
  • B. Bank rate
  • C. Discount rate
  • D. Return rate

Answer: C

Explanation:
Net Present Value (NPV) calculations require a discount rate (p.1.4).
Bank rate (B) relates to loans, not investment decisions.
Interest rate (C) applies to borrowing, not profitability.
Return rate (D) is not the main NPV metric. [P.1.4]


NEW QUESTION # 67
Casper is conducting a Variance Analysis of the company's budget. What is its main purpose?
Answer Options:

  • A. To analyze whether costs are fixed or variable
  • B. To minimize inefficiencies
  • C. To identify where cost savings can be made
  • D. To identify which departments have overspent

Answer: B

Explanation:
A Variance Analysis (p.95) compares planned vs. actual budget and identifies inefficiencies to enhance financial performance. Option A focuses only on overspending, B on cost-cutting, and D on categorizing costs rather than improving efficiency. [P.95]


NEW QUESTION # 68
Skipped
Kathryn is considering accepting a job at a new company. She is doing some research into the company to find out if it would be a good cultural fit for her. Which of the following would be classed as an 'espoused value' of the new company?

  • A. The office furnishings and dress code
  • B. The company's mission statement
  • C. The product slogans
  • D. The way people are greeted in reception
  • E. Company cars given to all members of the senior leadership team

Answer: B,C

Explanation:
Espoused values are what the company says is important to them. Therefore, the correct answers are B and C. This is taken from Schein's Three Levels of Culture, which you can find on p.155 of the study guide.
Options A, D, and E would be classed as Artefacts, as they express culture in terms of physical attributes.
Domain: 3.1


NEW QUESTION # 69
XYZ is a large construction organization running five different projects. Each project has a specific type of contract and pricing mechanism.
Your task is to match the correct type of contract and pricing mechanism to each project.
Projects and Descriptions
Project 1
Description: Construction of an apartment block, where XYZ is responsible for both design and construction. Upon completion, ownership is transferred to the client.
Pricing Mechanism: Based on past experience of similar projects.
Project 2
Description: Facilities management for a 6-year period after construction. The budget is constantly adjusted due to industry volatility.
Pricing Mechanism: Budget changes continuously over time.
Project 3
Description: XYZ was involved from an early stage, but does not bear the design risk. The budget resets at the start of each new accounting period.
Pricing Mechanism: The budget is refreshed periodically.
Project 4
Description: XYZ is responsible for certain parts of the design and build, while another company handles other aspects. XYZ is paid upon milestone completion.
Pricing Mechanism: Payment is milestone-based.
Project 5
Description: Construction of a new toll bridge which will be operated by XYZ for the first 6 years post-construction. The pricing includes costs of raw materials, labor, and a profit margin.
Pricing Mechanism: Costs plus profit.

Answer:

Explanation:


NEW QUESTION # 70
Juno is completing a Variance Analysis on the sales department's spend for the first quarter. He concludes that there is a Favourable Variance. What does this mean?

  • A. the department has more money in the budget than what they have spent so far
  • B. the results are better than expected
  • C. the department has spent more than the allocated budget
  • D. the results are worse than expected

Answer: B


NEW QUESTION # 71
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