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CIMA CIMAPRA19-E03-1 Exam

E3 Strategic Management

Total Questions: 278

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CIMA CIMAPRA19-E03-1 Questions

Q1.

McKinsey's 7-S' model illustrates the complexity of factors that can influence organisational change Which TWO of the following statements are incorrect?

To make progress in one'S' you need to achieve success in the other 'Ss'

Q2.

Strategy is usually described as having three different levels: namely corporate strategy, business strategy and functional strategy. Which of the following are corporate strategies? Select ALL that apply.

Q3.

Porter suggests that competitive advantage arises from the implementation of a generic strategy which best fits the organisation's environment. Which of the following are generic strategies'? Select ALL that apply.

Q4.

Information regarding two potential investments, that do not provide initial, valuable positive NPV opportunities, is outlined below:

* Y is a telecoms company, considering paying a premium for a Chinese telecoms company which has exclusive rights to service a large segment of the Chinese market, currently worth $123 billion in total The exclusive rights cover 25% of the market

* Z is a developed market retailer, considering paying a premium for an Indian retail company in the belief that the market is going to continue to be

lucrative and grow by 8% per annum for the foreseeable future The current market is worth $600 billion and the company currently has 12% of the total market.

Which of the following statements regarding sustainable excess returns for the above real options is true1?

Q5.

QQQ has identified a new strategy which is both Suitable and Feasible However, it will not be Acceptable to some groups of QQQ's stakeholders who have publicly objected to it.

Which THREE of the following statements are correct ways of resolving competing stakeholder objectives, as suggested by Cyert and March?

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

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