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IT Passport Examination (IP) | Strategy: Business Activities and Accounting Questions 01

1 / 90.0s

Problem 1

Which approach to improving operations repeats the cycle of planning, doing, checking and acting?

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PDCA is an improvement method that continuously cycles through Plan, Do, Check and Act.

Problem 2

Which term covers all the parties affected by a company's activities, such as shareholders, employees, customers and business partners?

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A stakeholder is any individual or organization with an interest in a company's activities.

Problem 3

Which chart arranges causes of defects in order of frequency so that you can identify the items to tackle first?

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A Pareto chart combines a bar graph by item with a cumulative percentage line to find the vital few items.

Problem 4

In a SWOT analysis, how is the entry of a new competitor classified?

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A competitor entering the market is an unfavorable factor outside the company, so it is classified as a threat.

Problem 5

With sales of 8 million yen, cost of sales of 5 million yen and selling, general and administrative expenses of 2 million yen, what is the operating profit?

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Operating profit is 8 − 5 − 2 = 1 million yen.

Problem 6

With fixed costs of 1.2 million yen, a selling price of 5,000 yen per unit and a variable cost of 3,000 yen per unit, how many units is the break-even sales volume?

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1.2 million yen ÷ (5,000 − 3,000) yen = 600 units.

Problem 7

Which indicator shows how much net income was earned relative to shareholders' equity?

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ROE is the return on equity: net income divided by shareholders' equity.

Problem 8

Which plan is designed to keep critical operations running and restore them quickly when a disaster or accident occurs?

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A BCP is a business continuity plan, setting out how operations are continued and recovered in an emergency.

Problem 9

Which organizational structure gives divisions authority over everything from planning to sales, by product or by region?

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A divisional structure assigns profit responsibility and authority to units organized by product, region and the like.