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

SectionWeightObjectives
Topic 1: Making Strategic Choices10%- Evaluation criteria and risk assessment
- Strategic fit and feasibility
- Strategic alliances and partnerships
Topic 2: Digital Strategy20%- Digital transformation and business models
- Technology risks and opportunities
- Data analytics and strategic use of information
Topic 3: Analysing the Organisational Ecosystem25%- External environment analysis (PESTEL, Five Forces, etc.)
- SWOT and stakeholder analysis
- Internal capability and resource analysis
Topic 4: Generating Strategic Options15%- Strategic directions and growth frameworks
- Portfolio analysis and diversification
- Innovation and entrepreneurship
Topic 5: The Strategy Process20%- Strategy definitions and levels
- Governance and ethical considerations
- Strategic planning and decision-making models
Topic 6: Strategic Control and Implementation10%- Strategic performance measurement
- Review and adaptation of strategy
- Implementation planning and change management

CIMA E3 - Strategic Management Question Tutorial Sample Questions:

Question 1

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 2

BCA is a long established international airline. Which of the following represent Threats to BCA's business?
(Choose all that apply.)

A. Greater popularity of long-haul holidays.
B. A higher level of private car ownership.
C. A shortage of trained pilots in BCA.
D. A substantial rise in the price of oil.
E. A sudden increase in international terrorism.


Question 3

RST is a company specializing in the production of wood-based products. RST has decided to introduce a fully integrated Information System across all divisions in order to improve knowledge sharing throughout the business and enhance customer relationship management.
RST is expecting resistance to the integrated Information System from it's staff who are key to the business and would be difficult to replace. Staff have a good understanding of why the new system and knowledge sharing is needed and how the system will work but many staff are not happy about the potential changes to their working conditions.
Which of the following change leadership styles, as outlined by Kotter and Schlesinger, would be most appropriate for RST to adopt?

A. Manipulation
B. Education
C. Coercion
D. Negotiation


Question 4

A Service Level Agreement (SLA) defines exactly what services a service provider will provide and the required level or standard for those services.
Which of the following statements regarding Service Level Agreements is NOT correct?

A. Service Level Agreements should include a guarantee to provide 100% availability for complaint resolution.
B. Service Level Agreements should include the targets and benchmarks to be used and the consequences for failing to meet them.
C. Service Level Agreements should include the procedures for cancelling the contract.
D. Service Level Agreements should include the expected response time to technical queries.


Question 5

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


Solutions:

Question 1
Answer: B,C
Question 2
Answer: C,D
Question 3
Answer: B
Question 4
Answer: D
Question 5
Answer: C

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