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

CIMA E3 - Strategic Management Question Tutorial Sample Questions:

Question 1

DF Company is undertaking a strategic review of its activities and has asked you to explain how a Force Field analysis would assist in the review process.
Which of the following statements would be most appropriate?

A. Identify forces facing DF's activities that may create barriers and resistance to change.
B. As part of DF's strategic review, identify forces facilitating the need for proposed change.
C. Provide a framework for identifying forces for and against the proposed changes within DF.
D. Identify influential senior managers who will drive through changes in DF's strategic direction.

Question 2

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 procedures for cancelling the contract.
C. Service Level Agreements should include the targets and benchmarks to be used and the consequences for failing to meet them.
D. Service Level Agreements should include the expected response time to technical queries.

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. Ensuring the organization adopts the lowest cost technologies and suppliers.
C. Measures of organization's use of non-renewable resources and environmental emissions.
D. Providing financial information with all non-recurring expenditures and incomes removed.
E. Project evaluations that include the externalities as well as the cash costs.

Question 4

M is a car manufacturer in Country C.
Every day, at 09.00, members of M's staff practice meditation and Tai Chi for 30 minutes, before their normal workday commences.
M's staff are paid during this time and M considers the practice to be a benefit both to staff and the company.
Staff operate with high levels of efficiency and absenteeism levels are low.
The auditors of M have recommended that M stop these sessions, stating that they consider them to be a waste of time and a drain on resources.
Which of the following aspects of M's culture would the auditors recommendation impact on?

A. Stories and myths
B. Routines and rituals
C. The organizational paradigm and values
D. Symbols

Question 5

Directors have a duty to shareholders and other stakeholders and are required to promote the success of the company.
Which THREE of the following are valid roles and responsibilities of directors? (Choose three.)

A. To avoid conflicts of interest and of duties.
B. To have regard for the interests of the company's employees.
C. To consider the likely consequences of any decision in the long term.
D. To be responsible for keeping all external stakeholders satisfied.
E. To focus only on maximizing company profits.

Solutions: