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CIMA BA1 Exam With Confidence Using Practice Dumps

Exam Code:
BA1
Exam Name:
Fundamentals of Business Economics
Certification:
Vendor:
Questions:
468
Last Updated:
Jan 13, 2026
Exam Status:
Stable
CIMA BA1

BA1: CIMA Certificate Exam 2025 Study Guide Pdf and Test Engine

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Fundamentals of Business Economics Questions and Answers

Question 1

Select the best definition of the corporate governance of a company from the list below.

Options:

A.

The structure and functions of the Board of a firm

B.

The systems by which companies are directed and controlled

C.

The composition and duties of the management of a company

D.

The financial and non-financial performance of a company

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Question 2

Which THREE of the following are objectives of corporate governance?

Options:

A.

To ensure that managers have attractive compensation packages

B.

To implement clear career progression routes for employees

C.

To ensure that customers' needs are addressed

D.

To ensure that a company is run in a legal and ethical manner

E.

To implement incentives for managers to pursue long term financial sustainability

F.

To increase transparency in company reporting

Question 3

If the price elasticity of supply for a good over a certain price range is 0.8, the increase in the quantity supplied of that good, following a 10% increase in its price, will be

Options:

A.

0.8%

B.

8.0%

C.

18%

D.

80%