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CIMA CIMAPRO15-E03-X1-ENG Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Strategy Implementation | - Project and performance management
|
| Topic 2: Strategy Formulation | - Strategic analysis of external environment
|
| Topic 3: Strategic Choices | - Business unit strategy
|
CIMA E3 - Strategic Management Question Tutorial Sample Questions:
Question 1
A is a private healthcare organization aiming to provide affordable and accessible high quality patient services.
A is introducing Big Data, which has not yet been adopted by the competition. A's database will store a huge amount of information about its patients. Clear access to wide sources of accurate information will enable patients to make more informed choices. Patients will be able to compare not only the prices of drugs, treatments and physicians but also their relative effectiveness.
Which of the following concerns should A have about its use of Big Data?
A. Veracity of information
B. Variety of information
C. Privacy issues
D. Lack of competitive advantage
Question 2
ABC is an independent training provider in Country F.
It provides training in business related subjects to a wide range of corporate customers. All of its tutors must possess a nationally accredited training qualification before being allowed to teach and all of its courses follow nationally accredited programmes which are externally monitored. This is considered to be a critical aspect of its business reputation.
ABC has one major competitor, XYZ, within Country F.
XYZ offers similar courses to ABC but its tutors do not have to have an accredited training qualification and its courses do not follow the national accredited programmes. The style and content of courses varies significantly between XYZ's centers.
There are a number of universities which offer nationally accredited courses within Country F.
ABC does not consider these as competitors because typically they attract students wishing to undertake degree courses.
The average university pass rate for nationally accredited programmes is currently higher than ABC's.
Which of the following types of benchmarking would be most useful for ABC?
A. Strategic
B. Internal
C. Competitor
D. Process
Question 3
Which of the following would be correct considerations when evaluating the Feasibility of a strategy? (Choose all that apply.)
A. Will the strategy maintain competitive advantage?
B. Will the business be able to deal with the responses of its competitors to the strategy?
C. Will customers object to the strategy?
D. Will there be sufficient time to implement the strategy?
E. Will the strategy exploit the core competencies of the business?
Question 4
PQR is a charity which has an excellent reputation within its home country. PQR employs over 300 highly experienced staff and has 200 skilled volunteers. PQR's funding mainly comes from donations from the public but its public profile is low compared to larger, more publicized charities.
Due to a recent recession, public donations to PQR have fallen in the last five years, but demand for its services continues to grow.
The government of the country in which PQR operates is encouraging greater collaboration between charities and there have been several recent successful mergers within the charity sector. PQR has recently been approached by a high profile and well funded charity, DDD, with a merger proposal. DDD offers complementary services to those offered by PQR.
Which TWO of the following factors would most likely be considered as an "opportunity" for PQR? (Choose two.)
A. Merging with DDD
B. The excellent reputation of DDD
C. Donations from the public
D. Growing demand for its services
E. Highly experienced staff
Question 5
A direct external change trigger is:
A. The introduction of new environmental protection policies by the government.
B. An economic recession in an organization's home country.
C. A general increase in the use of the Internet by society.
D. A powerful competitor forcing an organization to cut its prices.
Solutions:
| Question 1 Answer: A | Question 2 Answer: A | Question 3 Answer: D,E | Question 4 Answer: D,E | Question 5 Answer: A |
