Free Strategic Programme Leadership Exam L6M5 Exam Practice Test

SkippedKathryn 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?

• Company cars given to all members of the senior leadership team
• The product slogans
• The company’s mission statement
• The office furnishings and dress code
• The way people are greeted in reception

SkippedWhich of the following describes tacit knowledge? Select all that apply.

• It can be found in Standard Operating Procedures within the procurement department
• It is easy to capture and write down
• It can be captured from reports and data
• It is easy to transfer from one person to another
• It is usually unwritten

Scenario (same as Question 16):What type of power does the CFO have at Fin Inc?

• positional power
• expert power
• personal power
• negative power

Scenario:Fin Inc is a consultancy organisation in the private sector, founded 10 years ago by CEO Geoff Davies, who runs a tight ship. Many employees are scared of Geoff, and there are rumours that he fires people for refusing overtime. Fin Inc is working with a new client on a shopping centre project led by the well-liked CFO. The client wants a flexible, collaborative contract with transparent cost-sharing. What type of organisational structure does Fin Inc have?

• power
• role
• task
• person

Mustard Ltd contracted Red Ltd for IT services, requiring 98% internet connectivity. Red Ltd has only achieved 90% connectivity despite multiple meetings.Mustard Ltd now seeks to terminate the contract. Q: Can Mustard Ltd terminate the contract?Answer Options:

• Yes – connectivity was written into the contract, and Red Ltd is failing to deliver
• Yes – since previous meetings have failed to resolve the issue, termination is justified
• No – Red Ltd should be given more time to fix the issue
• No – the contract would not allow for termination

Glitter Kitten Ltd CEO applies the Payback Analysis for expansion. Investment: £50mAnnual returns: £10mQ: What is the payback period? Answer Options:

• 1 year
• 5 years
• 10 years
• 50 years

When is the best time to define acceptance criteria for a project? Answer Options:

• Upon completion
• During each milestone
• When writing the Project Initiation Document
• As part of the Project Audit

Fire Light Corporation has secured a contract to design a new bridge for a local council. The council wants a price set in advance but allows for minor adjustments due to unforeseen circumstances.Which pricing mechanism is most suitable?

• firm fixed price
• fixed lump sum
• bill of quantity
• target costing

Jerry is responsible for starting a new construction project.His company wants to build a new Water Park on the outskirts of town.He has prepared a Statement of Need, outlining requirements and benefits. Senior Management has approved the project to move forward.Q: What should be Jerry's next task? Answer Options:

• Concept design – outlining how the water park would look and operate
• Feasibility study – looking in-depth at options available
• Project brief – creating a list of technical requirements
• Appointment of a construction manager to manage the project

Josh is the son of the CEO of a law firm and has recently been hired as a trainee attorney, following his graduation from University. He has been with the company for three months and middle management often invite him to meetings that other trainee attorneys are not invited to. What type of power does he have that would explain this?

• positional power
• expert power
• personal power
• negative power