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

CIMA E3 - Strategic Management Question Tutorial Sample Questions:

1. You have been given responsibility, as a newly qualified management accountant, for delivering an ambitious project to centralize and computerize the accounts function within a medium-sized, geographically dispersed business. The timetable also requires the project to be delivered within a very short timescale with limited resources. You have built a team to deal with these proposed changes.
With regard to effective teams and change, which THREE of the following statements are correct? (Choose three.)

A) Individuals must become more than they were when working alone and must develop new commitments and behaviors.
B) Teams enhance learning and address change directly through creating recommendations and new ideas.
C) Teams should continue after their purpose has been served.
D) Teams that cross departmental boundaries can develop new performance criteria.
E) Teams that cross departmental boundaries can destroy shared values.
F) Teams play minor roles in institutional change.

2. Which THREE of the following statements apply to Lynch's performance pyramid? (Choose three.)

A) The lowest level of the pyramid contains the day-to-day operational measures.
B) The business operating systems level includes the market-related Critical Success Factors.
C) The right-hand side of the pyramid contains measures which are predominantly non-financial.
D) The business unit level includes measures which relate to internal systems needed to meet customers' needs.
E) The performance pyramid is designed to ensure that all activities support the organization's vision.
F) The left-hand side of the pyramid contains measures which have an external focus.

3. An organization must acquire suitable hardware and software in order to implement a knowledge management strategy so that knowledge can be stored and communicated.
Which of the following would be appropriate systems to use in a knowledge management strategy? (Choose all that apply.)

A) Intranet
B) Internet
C) Local area network
D) Social media
E) Ledgers and journals
F) Groupware

4. As a CIMA qualified management accountant working within a manufacturing company, you are subject to both CIMA's Code of Ethics and your company's Code of Business Conduct.
Which TWO of the following statements are TRUE? (Choose two.)

A) A company's Code of Business Conduct can be rules based.
B) Both CIMA's Code of Ethics and the company's Code of Business Conduct must be based on a set of basic principles.
C) Where there is a difference between CIMA's Code of Ethics and the company's Code of Business Conduct, the company's Code of Business Conduct takes priority.
D) Both CIMA's Code of Ethics and the company's Code of Business Conduct include references to Confidentiality. Disclosure on public interest grounds is therefore prohibited.
E) As a CIMA qualified Management Accountant you must follow CIMA's Code of Ethics.

5. Country W hosts a large music competition every 5 years, which is attended by many international musicians.
The success of the competition is dependent upon effective Customer Relationship Marketing being established with many different market groups around the world. These include music colleges who send their students, broadcasting companies who broadcast the event on radio and television, audience members, online ticket sellers and music journalists who write about the competition in specialist journals.
Using Payne's 'Six Markets Model', which of the following is the correct classification for the music journalists writing about the competition?

A) Influence market
B) Referral market
C) Customer market
D) Supplier market

Solutions: