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

CIMA E3 - Strategic Management Question Tutorial Sample Questions:

Question 1

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

Question 2

'Big data' refers to datasets whose size is outside the ability of typical database software tools to capture, store, manage and analyze.
Which of the following statements is NOT a valid statement with regard to 'big data'?

A. The definition of 'big data' can vary by sector, depending on the software tools and dataset sizes common to a particular industry.
B. 'Big data' will require the right infrastructure, incentives and safeguards to address public concerns.
C. As technology advances overtime, the size of datasets that qualify as 'big data' will also increase.
D. Sufficient analytical and managerial talent is available to exploit the opportunities associated with 'big data'.

Question 3

You work as a Management Accountant for GHJ, a company that includes commitments to 'sustainability' in its mission statement.
Which THREE of the following are contributions that you, as Management Accountant, could make towards the achievement of this part of the company's mission statement? (Choose three.)

A. Integrated reporting of the triple bottom line of Profits, People and Planet.
B. Providing financial information with all non-recurring expenditures and incomes removed.
C. Project evaluations that include the externalities as well as the cash costs.
D. Ensuring the organization adopts the lowest cost technologies and suppliers.
E. Measures of organization's use of non-renewable resources and environmental emissions.

Question 4

DDD is a business which sells entertainment products and now wants to move to a position where it uses ebusiness as a fundamental part of its business strategy.
Which of the following benefits would result from DDD's use of e-business? (Choose all that apply.)

A. Better control of information through monitoring website activity.
B. Increased online revenues.
C. An increased use of tacit knowledge.
D. A reduction in labour turnover and higher morale.
E. Cost reductions because of lower overheads and cheaper procurement.
F. Easier access to loan finance.

Question 5

Which of the following categorizations would be correct, according to McFarlan's Strategic Grid, for a system which is critical to sustaining existing business but its future strategic importance is considered to be low?

A. Support
B. Turnaround
C. Factory
D. Strategic

Solutions: