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CIMA CIMAPRO15-E03-X1-ENG Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Strategic Control | 20% | |
| Topic 2: The Strategy Process | 15% | |
| Topic 3: Analysing the Organisational Ecosystem | 20% | |
| Topic 4: Making Strategic Choices | 15% | |
| Topic 5: Generating Strategic Options | 15% | |
| Topic 6: Digital Strategy | 15% |
CIMA E3 - Strategic Management Question Tutorial Sample Questions:
Which of the following would be likely to encourage an organization to use Scenario Planning? (Choose all that apply.)
- A. Uncertainty in the industry is high, relative to management's ability to predict or adjust to change.
- B. The organization often experiences 'group-think', leading to a narrow view of the future.
- C. Competitor's are increasingly using Scenario Planning as part of their strategy formulation process.
- D. The organization has achieved all of its objectives and operates within a stable external environment.
- E. The organization has not previously experienced any major surprises or expensive strategic mistakes.
Correct Answer: A,D 🗳️
GV is a manufacturer and retailer of high quality suede gloves. GV makes all of its sales in country F, and is extremely profitable. After many successful years trading, GV has accumulated significant cash reserves and would like to grow the business organically.
After some investigation work, GV has discovered an opportunity to sell leather shoes in country P.
Which of the following strategic directions is GV taking if it pursues this opportunity, according to Ansoff's product / market matrix?
- A. Related diversification
- B. Market development
- C. Product development
- D. Market penetration
Correct Answer: A 🗳️
Directors have a duty to shareholders and other stakeholders and are required to promote the success of the company.
Which THREE of the following are valid roles and responsibilities of directors? (Choose three.)
- A. To avoid conflicts of interest and of duties.
- B. To have regard for the interests of the company's employees.
- C. To be responsible for keeping all external stakeholders satisfied.
- D. To focus only on maximizing company profits.
- E. To consider the likely consequences of any decision in the long term.
Correct Answer: A,B,E 🗳️
DDD is a business which sells entertainment products and now wants to move to a position where it uses ebusiness as a fundamental part of its business strategy.
Which of the following benefits would result from DDD's use of e-business? (Choose all that apply.)
- A. Easier access to loan finance.
- B. Increased online revenues.
- C. Cost reductions because of lower overheads and cheaper procurement.
- D. Better control of information through monitoring website activity.
- E. An increased use of tacit knowledge.
- F. A reduction in labour turnover and higher morale.
Correct Answer: B,C 🗳️
RRR is an insurance company which maintains an extensive database of its customer transactions over the last 10 years. RRR is developing a new product and has carried out a SWOT analysis.
Within which of the following aspects of the SWOT analysis would RRR include its customer database?
- A. Weakness
- B. Threat
- C. Strength
- D. Opportunity
Correct Answer: C 🗳️
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