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CIMA CIMAPRO15-E03-X1-ENG Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Making Strategic Choices | 10% | - Strategic fit and feasibility - Strategic alliances and partnerships - Evaluation criteria and risk assessment |
| Topic 2: Digital Strategy | 20% | - Digital transformation and business models - Data analytics and strategic use of information - Technology risks and opportunities |
| Topic 3: Strategic Control and Implementation | 10% | - Implementation planning and change management - Review and adaptation of strategy - Strategic performance measurement |
| Topic 4: Analysing the Organisational Ecosystem | 25% | - Internal capability and resource analysis - SWOT and stakeholder analysis - External environment analysis (PESTEL, Five Forces, etc.) |
| Topic 5: The Strategy Process | 20% | - Strategic planning and decision-making models - Governance and ethical considerations - Strategy definitions and levels |
| Topic 6: Generating Strategic Options | 15% | - Strategic directions and growth frameworks - Portfolio analysis and diversification - Innovation and entrepreneurship |
CIMA E3 - Strategic Management Question Tutorial Sample Questions:
SDC is a medium sized IT systems development company. SDC employs highly qualified and experienced systems development experts. It invests heavily in staff training and development and as a result, staff are highly motivated and staff turnover is low. SDC has a strong culture of team work and innovation, which the senior managers believe is the basis of SDC's success. The senior managers, who are also the founders of SDC, are highly experienced and have a strong vision for the business.
Which THREE of the following factors would be the main focus of a resource audit for SDC? (Choose three.)
- A. Make-up
- B. Money
- C. Manpower
- D. Machinery
- E. Management
- F. Markets
Correct Answer: A,C,E 🗳️
HHH is a manufacturer which has a bonus scheme for its production workers related to the speed of output.
HHH's products are very specialized and are made in a dangerous production environment. HHH's production workers usually work alone but sometimes, if there are problems in the production environment (for example, machinery breakdowns), they have to work in teams. When the production workers are working in teams they do not receive any bonus.
HHH's senior management is proposing to amend the current bonus scheme to encourage increased productivity. Under the current bonus scheme, production workers receive extra pay when they achieve 45% of their individual target: The target level is low because of the dangerous production environment and the need to occasionally work in teams.
Under the proposed bonus scheme, production workers will not receive any extra pay until they have achieved
90% of their individual target. Workers who achieve 90% or above of their individual target will be paid a 30% higher bonus.
Which THREE of the following problems is HHH most likely to encounter with the introduction of the proposed bonus scheme? (Choose three.)
- A. Production workers could consider the new target as unachievable.
- B. The extra production output will lead to an increase in inventory.
- C. There could be a rise in the level of workplace accidents.
- D. The proposed bonus scheme conflicts with health and safety legislation.
- E. Production workers will not be motivated by the proposed level of bonus.
Correct Answer: B,C,E 🗳️
Ansoff has provided a product/market growth matrix which denotes possible strategic directions that an organization can follow.
Which of the following statements correctly describe the strategic options generated by the matrix? (Choose all that apply.)
- A. Market penetration using existing products in new markets.
- B. Market penetration using new products within existing markets.
- C. Diversification using new products in new markets.
- D. Product development using new products in new markets.
- E. Market penetration using existing products within existing markets.
- F. Market development using existing products in new markets.
Correct Answer: B,D,E 🗳️
DRAG DROP
PQ is an international airline.
In accordance with Porter's Value Chain, select "Primary" or "Support" for each of the activities listed below:
Select and Place:
Correct
Correct Answer:
Explanation/Reference:
Which of the following would be correct considerations when evaluating the Feasibility of a strategy? (Choose all that apply.)
- A. Will the business be able to deal with the responses of its competitors to the strategy?
- B. Will there be sufficient time to implement the strategy?
- C. Will the strategy maintain competitive advantage?
- D. Will the strategy exploit the core competencies of the business?
- E. Will customers object to the strategy?
Correct Answer: B,D 🗳️
