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CIMA E3 (E3 Strategic Management) Certification Exam is a globally recognized professional qualification that is designed to equip candidates with the skills, knowledge and competencies required to manage and lead organizations in today's dynamic and complex business environment. E3 Exam is one of the three strategic level exams of the CIMA Professional Qualification, which is recognized by employers worldwide as a standard of excellence in management accounting.
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CIMA E3 Strategic Management Sample Questions (Q30-Q35):
NEW QUESTION # 30
Which of the following would be likely to encourage an organization to use Scenario Planning? (Choose all that apply.)
- A. The organization often experiences 'group-think', leading to a narrow view of the future.
- B. Competitor's are increasingly using Scenario Planning as part of their strategy formulation process.
- C. The organization has not previously experienced any major surprises or expensive strategic mistakes.
- D. The organization has achieved all of its objectives and operates within a stable external environment.
- E. Uncertainty in the industry is high, relative to management's ability to predict or adjust to change.
Answer: D,E
NEW QUESTION # 31
WXY has been criticised by an activist shareholder for a lack of clarity in its formulation and implementation of strategy.
The activist shareholder states that WXY is confused as to the different levels of strategy and it has pointed to examples of inappropriate levels of management being held responsible for strategies that they do not control WXY has decided to use the categories, Corporate, Business and Functional to clarify its strategic processes.
Which of the following are Corporate strategies?
Select ALL that apply.
- A. WXY intends to replace its transport fleet every five years.
- B. WXY has improved the duration of its products' working lives to match its major competitor.
- C. WXY will invest in robotics to become the lowest cost producer in its industry.
- D. WXY is closing its data management business.
- E. WXY intends to introduce improvements to its occupational pension scheme.
- F. WXY is to move its Head Office and manufacturing facilities from Europe to Asia.
Answer: C,D,F
NEW QUESTION # 32
Which THREE of the following issues relate to the Corporate Strategy of an organisation?
- A. Meeting the needs of key customers
- B. Achieving advantage over competitors
- C. Entering new industries.
- D. Leaving existing industries
- E. Avoiding competitive disadvantages.
- F. Acquisitions, disposals and diversification
Answer: A,B,F
NEW QUESTION # 33
HHH is a teaching Organization. HHH has begun to employ virtual reality to train the customers on its courses in how to perform complex manual tasks such as repairing machinery.
Which activity in Porter's Value Chain has been impacted by HHH's use of virtual reality?
- A. Procurement
- B. Service
- C. Human resources management
- D. Operations
Answer: D
NEW QUESTION # 34
A has a portfolio of business units. One of A's units has a total market share of 25% and its largest competitor has a market share of 20%. In the last year the overall market of this business unit has declined by 2%, although its revenues have increased by 12%. following a successful marketing campaign.
According to the BCG matrix. A's business unit would be classified as which of the following?
- A. Cash Cow
- B. Star
- C. Dog
- D. Question Mark
Answer: B
NEW QUESTION # 35
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