Cima E3 Exam Questions

1. Pass CIMA E3 - Strategic Management exam in just 24 HOURS! 100% REAL EXAM QUESTIONSANSWERS CIMA E3 - Strategic ManagementExam Buy Complete Questions Answers Filefrom http://www.certs4you.com/cima/e3- dumps.html 100% Exam Passing Guarantee & Money BackAssurance

2. Question No1: XYZ operates a national chain of restaurants. Which THREE of the following are external environmental drivers forXYZ? Appointment of a new MarketingDirector Recession in XYZ's country Reduced personal income of its customers due to increased personaltaxation A direct competitor to XYZ closesdown Launch of a new improved menu byXYZ Answer: B, C,D Question No2: PPP is a company that designs and markets attractive handsets, tablets, and laptop PCs globally. Its brand is one of the top ten global brands. PPP uses external companies to manufacture its products. The recently appointed CEO of PPP presented the company's strategy to a meeting of investors andjournalists. The CEO referred to public concerns about its past ways of doing business. He stated that PPP was actively seeking to address concerns about exploitation of workers in the factories of its suppliers. He said that PPP is also establishing a system to recycle or refurbish its products to avoid hazardous materialsleaking into the environment and to give recycled products free of charge to people in poorer countries who cannot afford to buythem. One investor asked the CEO to confirm whether this strategy would improve the profits of PPP in the present financialyear. The CEO replied that it would not but that the strategy was essential to protect the future of the PPP brand. The investor was unhappy with this response from the CEO ofPPP. Which of the following statements reflects BOTH the CEO's and investor's stances on Corporate Social Responsibility (CSR) expressed at themeeting? The CEO is taking a long-term shareholder interest stance. The investor is taking a short- term shareholder intereststance. The CEO is taking a multiple stakeholder stance. The investor is taking a longer-term shareholder Intereststance.

3. The CEO is taking multiple stakeholder obligation stance. The investor is taking a multiple stakeholder obligationstance. D. The CEO is taking a shaper of society stance. The investor is taking a longer-term shareholder intereststance. Answer:A Question No3: AB is a global car manufacturer. Management has agreed to spend $20 million on researching a new type of engine that uses liquid hydrogen to power the car. It believes it is important for AB to take a first step in developing this radical and uncertain newtechnology. The $20 million will finance the research only and the program will last two years. Providing the research is successful, after two years it would cost a further $40 million to develop a car to sell. This development would take a further three years. Management is concerned that the international car market may not be willing to buy hydrogen powered cars for at least six years from now. Which of the following options would NOT be available to AB after two years? To invest a further $40 million in developing a car forsale. To ignore the research findings and not commercialize anyinnovations. To delay investment in building a hydrogen car until the market demand becomes clearer. To seek to recover the $20 million it has spent because the research has yielded no commercialbenefit. Answer:D Question No4: DDD has just issued a profit forecast in connection with a proposed take-over of a business. The take-over is strongly opposed by the target company. DDD's Management Accountant played a large part in helping DDD's Finance Director prepare the profit forecast. However, the Management Accountant believes that the profit forecast is overly optimistic and is based on some false assumptions. As a result, the Management Accountant thinks the profit forecast is misleading. Select THREE of the actions below which are consistent with CIMA's Code ofEthics. The Management Accountant should follow established internalprocedures. The Management Accountant should obtain advice from his professionalbody/bodies. The Management Accountant should resign from hisjob. The Management Accountant should maintain a discreetsilence.

4. The Management Accountant should anonymously inform the media of hisconcerns. The Management Accountant should publicly accuse the Finance Director of issuing a misleading profitforecast. Answer: A, B,C Question No5: SSS is a large department store. It operates a chain of stores throughout Country Z. It offers a wide range of products, from cosmetics through to home furnishings. SSS's Value Chain is presentedbelow.

5. Which of the following generic strategies is being undertaken bySSS? CostLeadership Differentiation DifferentiationFocus Stuck in themiddle Answer:B Question No6: The Boston Consulting Group developed a matrix to assist managers in identifying the cash flow requirements of different businesses. The matrix suggests a number of appropriate strategies. Select ALL the strategies that apply to the Boston Consulting Group'smatrix. Hold Build Divest Defer Re-appraise Diversify Answer: A, B,C Question No 7: (Drag &Drop) TTT is a conglomerate with two divisions, AAA and BBB. Advise TTT on the most appropriate strategy to adopt for eachdivision. Answer:

6. Question No :8 (Drag &Drop) QQQ is a family run business which manufactures and sells chocolate. QQQ employs 80 staff in its factory and shops. It operates 10 shops within a number of small towns in the northern region of Country P. In the last four years, demand for QQQ's products has decreased, as customers in its local region are increasingly shopping in large supermarkets and out of town facilities, which are more convenient and tend to offer cheaper priced goods. The recent economic recession has hit the region hard and many local people have moved away to find work in other regions of the country. The internet has also impacted upon its business, as many customers are now making purchases of chocolate via theinternet. The Managing Director (MD) of QQQ has recently retired and the Board took the decision to make an external appointment to replace him. The new MD believes that QQQ needs to invest in new technology within its factory. This would reduce staffing levels by 15% and would reduce wastage and costs, allowing QQQ to offer more competitively priced products. He also believes that QQQ must invest in its own website. However QQQ's staff are very unhappy with these proposals. Some of the family members of the Board are concerned that this change will destroy the family tradition and reputation of QQQ that has been built up over many years. Select the correct descriptor for each of the forces for changebelow.

7. Answer: Question No:9 You are the youngest member of the senior management team and have recently been invited to become a member of the company's Board. You have been sent an outline agenda ahead of your Board induction meeting with the Company Secretary. The first item on the agenda is the role of the Board. Which of the following statements is NOT the role of the Board? Establish the company's vision, mission andvalues. Relinquish responsibility for implementation of strategy tomanagement. Confirm the adequacy and alignment to strategy of internal control and risk managementsystems. Establish strategy with regard to the risk appetite of theOrganization. Answer:B Question No:10 Company MM is wanting to build an out of town shopping complex. This will be located near a busy road which is surrounded by housing estates. MM has yet to obtain planning permission. It recognizes that unless it takes action, the local residents will object to MM's plans. As the Publicity Manager you have been asked to take over responsibilityfor

8. Stakeholder Management. Which of the following Stakeholder Management statements is NOTcorrect? • Organizations will have a variety of stakeholders each with differing attitudes to risk which can causeconflict. • Pressure groups have an interest in matters of public policy, but do not want to control the workings ofgovernment. • Stakeholder management is made more complicated for an Organization when individuals belong to more than one stakeholdergroup. • In measuring the satisfaction of stakeholder interests, Organizations should only focus on quantitativematters. • Answer:D • Buy Complete Questions Answers Filefrom • PDF Version + Test Engine SoftwareVersion • 90 Days Free UpdatesService • Valid for AllCountries http://www.certs4you.com/cima/e3- dumps.html