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CIMA CIMAPRO15-E03-X1-ENG Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| The Strategy Process | 15% | |
| Digital Strategy | 15% | |
| Generating Strategic Options | 15% | |
| Making Strategic Choices | 15% | |
| Strategic Control | 20% | |
| Analysing the Organisational Ecosystem | 20% |
CIMA E3 - Strategic Management Question Tutorial Sample Questions:
Information Systems (IS) strategy is correctly defined as:
- A. Identifying the information needs of the organization and aligning development to them.
- B. The roles and structure of information specialists in the organization and their relationship with users.
- C. The planning, organizing, investment and control of information applications in the organization.
- D. Decisions on the hardware, software and communications solutions used in the organization.
Correct Answer: A 🗳️
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DRAG DROP
AB uses Johnson, Scholes and Whittington's criteria of 'Feasibility and Acceptability' to evaluate potential strategies. AB has begun a project to re-engineer its best selling product.
Apply the appropriate criterion to each of the questions below:
Select and Place:
Correct
Correct Answer:
Explanation/Reference:
BBB is a manufacturer that has been criticized in the financial press because it does not have a policy for sustainability.
Which THREE of the following elements would be crucial to BBB successfully embedding sustainability into its activities? (Choose three.)
- A. BBB should give all its staff training in sustainability.
- B. BBB should employ a new public relations consultancy.
- C. BBB's Board should make a commitment to sustainability.
- D. BBB should spend at least 0.1% of its Net Profit on sustainability projects.
- E. BBB should include sustainability targets in performance appraisal.
- F. BBB should investigate the costs and benefits of establishing a sustainability department.
Correct Answer: A,B,C 🗳️
TTT recently appointed a new Chief Executive, R, to lead it through a period of major change. R immediately set up a change management team which consisted of several senior managers and directors from across the organization. Together, they formulated an overall goal for change and then spent several weeks presenting the need for change to all of the staff through a series of staff meetings. At these meetings R involved staff and built their ideas into the final change strategy.
R also set a series of interim goals to encourage ongoing performance throughout the change process. When the organization reached these goals, R widely publicized these achievements to help motivate staff.
However, after six months, TTT had failed to reach most of the interim goals that had been set. Most of the members of the change management team had not maintained a significant interest in the change process and many of the staff felt that there had been a lack of communication and reward following the initial few weeks of the change process.
Kotter suggested that there were eight steps required to successfully lead change.
Which TWO of the following did R fail to achieve? (Choose two.)
- A. Develop a change vision
- B. Empower broad based action
- C. Incorporate change into the culture
- D. Never letting up
- E. Generate short term wins
Correct Answer: A,E 🗳️
Which THREE of the following issues relate to the Corporate Strategy of an organization? (Choose three.)
- A. Achieving advantage over competitors.
- B. Leaving existing industries.
- C. Avoiding competitive disadvantages.
- D. Acquisitions, disposals and diversification.
- E. Meeting the needs of key customers.
- F. Entering new industries.
Correct Answer: C,D,E 🗳️
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