Acca paper F1 fia diploma in Accounting and Business Accountant in Business (AB/fab) exam kit

 (2 
marks) 
109 
Organisations should use resources in such a way that they do not compromise the needs 
of future generations. 
What is this a definition of? 
A Environmentalism 
B Sustainability 
C Future-focus 
D Redesign
 (2 
marks) 
110 
Lannister is a bank based in country W. It is considering outsourcing its IT department to an 
overseas IT consultancy company. Its current IT systems are considered excellent, which is 
important as the banking industry in country W is highly competitive and innovative. 
Which of the following statements regarding this proposal is correct? 
A 
Outsourcing is likely to reduce the risk of data security breaches within Lannister 
B 
Lannister is likely to enjoy increased in-house IT skills and knowledge 
C 
Outsourcing Lannister’s IT department could cause a loss of competitive advantage 
D 
It is likely to be easy for Lannister to bring the IT function back in-house if problems 
arise with the IT consultancy company
 (2 
marks) 
111 
Recycling waste material could be classed as being both environmentally friendly AND 
sustainable. 
Is this statement TRUE or FALSE? 
A True 
B False 
(1 mark)
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P AP E R F 1 ( F A B ) :
AC COU N TAN T IN B US INES S
 
26
KA P LA N P UBL I SH IN G 
COMPETITIVE FACTORS 
112 
F Co sells motor vehicles in country V. It has recently discovered that the government is 
planning a major overhaul of the public transport system in country V, which will 
significantly increase its speed and comfort, while lowering the cost to make it attractive to 
individual drivers.