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CIMA CIMAPRO15-E03-X1-ENG Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Generating Strategic Options | 15% | |
| Topic 2: Digital Strategy | 15% | |
| Topic 3: Making Strategic Choices | 15% | |
| Topic 4: Analysing the Organisational Ecosystem | 20% | |
| Topic 5: The Strategy Process | 15% | |
| Topic 6: Strategic Control | 20% |
CIMA E3 - Strategic Management Question Tutorial Sample Questions:
DRAG DROP
YZ is a family-run business which manufactures and sells confectionery, employing almost 100 staff. It operates 10 shops in small towns in the north of country P.
Sales of YZ's products have decreased over the last 4 years due to competition from large supermarkets, internet shopping and a general economic downturn, which has hit the north of country P especially hard.
YZ's managing director has recently retired and the board decided to fill the vacancy with an external appointment. The new managing director plans to invest in new manufacturing technology, which would cut staffing levels by 15% and reduce wastage, allowing YZ to lower its prices. YZ's staff are very unhappy about these proposals, feeling that they will destroy YZ's family tradition and reputation that has developed over many years.
Select the correct descriptor for each of the forces for change below:
Select and Place:
Correct
Correct Answer:
DRAG DROP
LMN is a fast food manufacturer that makes 'Ready-meals'.
Place the appropriate stage of the Value Chain against each of the activities below:
Select and Place:
Correct
Correct Answer:
Explanation/Reference:
As a CIMA qualified management accountant working within a manufacturing company, you are subject to both CIMA's Code of Ethics and your company's Code of Business Conduct.
Which TWO of the following statements are TRUE? (Choose two.)
- A. Both CIMA's Code of Ethics and the company's Code of Business Conduct include references to Confidentiality. Disclosure on public interest grounds is therefore prohibited.
- B. A company's Code of Business Conduct can be rules based.
- C. Where there is a difference between CIMA's Code of Ethics and the company's Code of Business Conduct, the company's Code of Business Conduct takes priority.
- D. As a CIMA qualified Management Accountant you must follow CIMA's Code of Ethics.
- E. Both CIMA's Code of Ethics and the company's Code of Business Conduct must be based on a set of basic principles.
Correct Answer: A,B 🗳️
Plush is a medium-sized hotel which recently opened on the outskirts of a city which is popular with tourists. It has a sophisticated website which allows customers to pre-book rooms and additional items, such as meals in its restaurant and tickets for popular tourist attractions in the city.
Plush has listed its website on a popular hotel price comparison website, which allows customers to compare prices and facilities of hotels in the same area and this has resulted in over 60% of Plush's customer bookings so far.
Since listing on the price comparison website, the Sales Manager of Plush has noticed that the prices offered by its nearest competitors have reduced dramatically and their range of special offers have also increased.
Which TWO of Porter's Five Forces have been most affected by the use of the price comparison website by the hotels in the same area as Plush? (Choose two.)
- A. Threat of new entrants.
- B. Threat of substitutes.
- C. Competitive rivalry.
- D. Bargaining power of suppliers.
- E. Bargaining power of customers.
Correct Answer: B,E 🗳️
Information Systems (IS) strategy is correctly defined as:
- A. Identifying the information needs of the organization and aligning development to them.
- B. Decisions on the hardware, software and communications solutions used in the organization.
- C. The roles and structure of information specialists in the organization and their relationship with users.
- D. The planning, organizing, investment and control of information applications in the organization.
Correct Answer: A 🗳️
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