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CIMA CIMAPRO15-E03-X1-ENG Exam Syllabus Topics:

CIMA E3 - Strategic Management Question Tutorial Sample Questions:

Question 1

Which of the following would be a suitable performance measure of Internal Business Processes within Kaplan and Norton's 'Balanced Scorecard' model?

A. New products developed.
B. Higher P/E ratio.
C. Increase in market share.
D. Reduction in manufacturing cycle times.

Question 2

HHH is an international distribution company which operates a number of large distribution warehouses. HHH employs over 10,000 staff who operate the warehouses 24 hours per day and process over 500,000 packages and parcels each day. HHH operates in a highly competitive market and the senior management team recognize the importance of focusing upon its Critical Success Factors (CSF's). However, some senior managers are confused as to the difference between CSF's and Key Performance Indicators (KPI's).
Which of the following are Critical Success Factors for HHH? (Choose all that apply.)

A. Efficient staff planning systems.
B. Time taken to load and unload deliveries.
C. Percentage of stock damaged.
D. Customer satisfaction.
E. Market share percentage.
F. Continual maintenance of warehouse facilities.

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 there be sufficient time to implement the strategy?
C. Will the strategy exploit the core competencies of the business?
D. Will customers object to the strategy?
E. Will the business be able to deal with the responses of its competitors to the strategy?

Question 4

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. Variety of information
B. Lack of competitive advantage
C. Veracity of information
D. Privacy issues

Question 5

DRAG DROP
In order to organize the value-adding activities to support a chosen strategy, Porter's Generic Strategies are often applied within an organization's value chain.
Against each of the activities listed below, select the Generic Strategy which best defines the strategic approach being taken.
Select and Place:

Correct

Solutions: