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CIMA CIMAPRO15-E03-X1-ENG Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: The Strategy Process | 20% | - Strategic planning and decision-making models - Strategy definitions and levels - Governance and ethical considerations |
| Topic 2: Making Strategic Choices | 10% | - Evaluation criteria and risk assessment - Strategic alliances and partnerships - Strategic fit and feasibility |
| Topic 3: Digital Strategy | 20% | - Data analytics and strategic use of information - Technology risks and opportunities - Digital transformation and business models |
| Topic 4: Strategic Control and Implementation | 10% | - Review and adaptation of strategy - Strategic performance measurement - Implementation planning and change management |
| Topic 5: Analysing the Organisational Ecosystem | 25% | - Internal capability and resource analysis - External environment analysis (PESTEL, Five Forces, etc.) - SWOT and stakeholder analysis |
| Topic 6: Generating Strategic Options | 15% | - Portfolio analysis and diversification - Innovation and entrepreneurship - Strategic directions and growth frameworks |
CIMA E3 - Strategic Management Question Tutorial Sample Questions:
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
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) Time taken to load and unload deliveries.
B) Percentage of stock damaged.
C) Market share percentage.
D) Customer satisfaction.
E) Continual maintenance of warehouse facilities.
F) Efficient staff planning systems.
3. Which THREE of the following frameworks are used solely to evaluate the external environment of an organization? (Choose three.)
A) Porter's Value Chain
B) SWOT analysis
C) Porter's Five Forces Model
D) Kaplan and Norton's Balanced Scorecard
E) Porter's Diamond
F) PEST Analysis
4. M has been appointed as an external change agent to lead and implement a large scale re-structuring strategy which is being undertaken by a large bank. M has been appointed due to his extensive experience in a wide range of organizational re-structuring programmes. This re-structuring strategy will involve a large number of redundancies and the implementation of a new organization-wide management reporting system. M will need to work with staff from all departments and levels of the organization. The Board of Directors of the bank believes that an external change agent will bring more benefits to the change process than using an internal change agent.
Which of the following are the most likely benefits that could be achieved by the bank by appointing an external change agent to lead and implement the re-structuring strategy? (Choose all that apply.)
A) The bank can exploit the specialist expertise of the external change agent.
B) The external change agent will have better relationships with the bank employees than an internal change agent.
C) The change process should be less costly if an external change agent is appointed.
D) The external change agent will be more objective in decision-making than an internal change agent.
E) The speed of delivery of the change process will be quicker when using an external change agent.
F) As a dedicated resource, the external change agent can give more time to the change process.
5. Which of the following would be correct considerations when evaluating the Feasibility of a strategy? (Choose all that apply.)
A) Will there be sufficient time to implement the strategy?
B) Will the strategy exploit the core competencies of the business?
C) Will the business be able to deal with the responses of its competitors to the strategy?
D) Will the strategy maintain competitive advantage?
E) Will customers object to the strategy?
Solutions:
| Question # 1 Answer: Only visible for members | Question # 2 Answer: C,D | Question # 3 Answer: A,C,F | Question # 4 Answer: D,E | Question # 5 Answer: A,B |
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