CIMA E3 Dumps - 100% Cover Real Exam Questions (Updated 282 Questions)
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Format of the CIMA E3: E3 Strategic Management Exam
- Number of questions: 60
- Format: Numerous choices, multiple responses
- Length of Examination: 90 minutes
- Passing score: 70 percent
- Language: English
Introduction to CIMA E3: E3 Strategic Management Exam
The CIMA E3 certification comes in two versions, namely the CIMA E3 Associate's Certificate in Strategic Management and the CIMA E3 Diploma in Strategic Management. Traditional CIMA certification exams were held for more than 30 years. The CIMA exam is written by some of the industry's most renowned and experienced strategists and managers. Administrationcosts of this exam are very low compared to those of some other exams. Recruit is free to manage the CIMA E3 certification exam. Meet the needs of the organization is very important to the organization. Diverse and new challenges are often faced by the organization. Skillsrequirement of the organization in a competitive environment. Motorvehicles, health care, and financial services industries are some of the industries that emphasize recruitment and retention. Divestment of the organization may be done to reduce costs. Attract is needed to retain the right employees. Porter'sdiamond is used to analyze the competitive environment of the organization.
As threats of the organization may be internal or external. Ofinflation rate is one of the public disks. Mainfactory may be required to reduce costs. The internal structure of the organization may change due to new acquisitions. Prioritise the needs of the organization. Processes require costs. The main opportunitymay be the main challenge of the organization. Customers needs are changing. Consumers are attracted to the products of the organization. CIMA E3 Dumps is an effective tool to complete the CIMA E3 certification exam. The preference of the consumers is very important to the organization. Tablet computer is one of the products of Apple Inc.Corporatetaxation is the main problem of the organization and business environment is very important to the organization. Accountancy firms are very important to the organization. Anorganization is located at a place. Forcesmodel is used to monitor the competition of the organization. Arecorrect is action plan is required to reduce the competition of the organization.
Benefits of the CIMA E3: E3 Strategic Management Exam
The first benefit of this certification is the credibility and worth associated with a CIMA designation, enabling a person to charge a higher salary. The second benefit is the ability to build a career based on skills rather than on academic qualifications. The third benefit is wider job opportunities. Hired at a higher-paying job and even build your own business. Built of a career based on a combination of knowledge-based and skills. Agent of the organization. Popular certifications are required to complete the CIMA E3 certification exam. Receive an offer which is better than the current salary. CIMA E3 Dumps is required to complete the CIMA E3 certification exam. Paid their dues before retirement. Chat with an online counselor; they will answer your questions and offer you assistance. Questionmarks of the organization may be internal or external. Key success factors of a product are used to attract customers. Power point is used to control the workforce. Understand and lead change is required to complete the CIMA E3 certification exam. The Team work with other people is required to complete the CIMA E3 certification exam.
Sized displays are used to monitor the workforce. Computer is the main tool for the effective performance of the organization. The concept is used to measure the performance of the organization. The approach is used to perform tasks in an organization. Practices are used to evaluate the performance of the organization. Days are required to complete the CIMA E3 certification exam. Workforce are used to evaluate the performance of the organization. Providing services to customers is required to complete the CIMA E3 certification exam. Analysis of the employees is required to complete the CIMA E3 certification exam. Check lists are used for tracking the performance of the organization. Guarantee s of the organization are used to complete the CIMA E3 certification exam. Theory and application of managerial accounting are used to complete the CIMA E3 certification exam. The critic is used to evaluate the performance of the organization.
NEW QUESTION 153
Management Accountants increasingly play a key role in strategic planning.
Which of the following statements is NOT a role for Management Accountants involved in the strategy development process?
- A. Writing the Annual Report.
- B. Consider and raise awareness of the ethical impact of proposed strategic decisions.
- C. Integration of financial and non-financial information.
- D. Assist the Board in determining risk appetite.
Answer: A
NEW QUESTION 154
QWE is a private company belonging to a famous former sports professional. It operates gyms and fitness clubs across its home country. Each gym or fitness club is treated as a profit center and the manager of each center is paid bonuses based on its financial performance.
QWE introduced multidimensional performance measures into its management control systems 3 years ago.
These measure competitiveness, financial performance, capacity utilization, innovation and the flexibility of its centers to cope with changing demands.
The managers of QWE's centers have been leaving at a very high rate over the last 2 years. They have claimed that the measures are too open to interpretation and when they think they are improving their center's performance they are told they are doing the wrong things. They also complain that the managers in the centers near big cities find it much easier to reach their targets than the managers of other centers.
According to Fitzgerald and Moon's Building Block model, where does the problem lie?
- A. Standards and Rewards
- B. Dimensions and Standards
- C. Standards, Dimensions and Rewards
- D. Dimensions and Rewards
Answer: B
NEW QUESTION 155
Z is an organisation that designs and manufactures fibre optic connectors. It works closely with its suppliers and has built an online area that it uses to share documents, designs, and photographs with its suppliers. The area also facilitates real time communication with suppliers either via a computer or a mobile phone.
Which of the following best describes Z's online area?
- A. An internet
- B. An intranet
- C. An extranet
- D. A multinet
Answer: C
NEW QUESTION 156
You are a Management Accountant working for a logistics firm that wants to build collaborative relationships with each of its key clients.
Which of the following changes to the management accounting function would you recommend to help the development of collaborative partnerships with a client?
Select ALL that apply.
- A. Management accounting staff from your Organization should be made available to the key clients to facilitate joint problem-solving.
- B. Relocation of some management accounting staff from your Organization into the offices of the key clients.
- C. Recruitment of management accounting staff from the key clients to improve shared understanding.
- D. Close monitoring of service level agreements to ensure your Organization provides the minimum service specified.
- E. Open book management accounting in which the client can see the profits your firm makes from the relationship.
Answer: A,B,E
NEW QUESTION 157
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 lo encounter with the introduction of the proposed bonus scheme?
- A. The extra production output will lead to an increase in inventory
- B. The proposed bonus scheme conflicts with health and safety legislation
- C. Production workers will not be motivated by the proposed level of bonus
- D. There could be a rise in the level of workplace accidents
- E. Production workers could consider the new target as unachievable.
Answer: A,C,E
NEW QUESTION 158
BBB operates a small chain of coffee shops within Country X. a mature economy in northern Europe. BBB was established 20 years ago and currently employs over 150 staff in 25 shops located in major towns and cities throughout Country X. BBB attracts a wide range of customers, who are attracted by its extensive menu of coffee products and food Customers can either consume their purchases within the shop or can take their purchases away.
Which THREE of the following external environmental changes would have the greatest impact on BBB in the next three years?
- A. The opening of an internationally renowned chain of coffee shops in Country X.
- B. A planned refurbishment of 80% of BBB's shops to update its image and increase shop floor space
- C. An increase in the average age of the population in Country X due to falling birth rates.
- D. A worldwide shortage of coffee beans due to climate changes, affecting availability.
- E. An increase in the national statutory minimum wage in Country X.
Answer: C,D,E
NEW QUESTION 159
Company CCC is an automotive component manufacturer. It manufactures three main products within its portfolio:
Product 1: Relative market share of 0.1; Market growth rate of -2%
Product 2: Relative market share of 4.0; Market growth rate of +3%
Product 3: Relative market share of 0.3; Market growth rate of +15%
Which TWO of the following statements are CORRECT? (Choose two.)
- A. Product 3 is likely to be at the growth stage of its life cycle, at high risk of failure and further investment should be considered.
- B. Product 1 islikely to be at the mature stage of its life cycle, have strong profitability and further investment should be considered.
- C. Product 2 is likely to be at the growth stage of its life cycle, have weak profitability, poor cash generation and high capital requirements.
- D. Product 2 is likely to be at the mature stage of its life cycle, is likely to benefit from significant economies of scale.
- E. Product 1 is likely to be at the mature stage of its life cycle, operating in a contracting market and is fairly cash neutral.
Answer: A,C
NEW QUESTION 160
Information regarding two potential investments, that do not provide initial, valuable positive NPV opportunities, is outlined below:
* Y is a telecoms company, considering paying a premium for a Chinese telecoms company which has exclusive rights to service a large segment of the Chinese market, currently worth $123 billion in total The exclusive rights cover 25% of the market
* Z is a developed market retailer, considering paying a premium for an Indian retail company in the belief that the market is going to continue to be lucrative and grow by 8% per annum for the foreseeable future The current market is worth $600 billion and the company currently has 12% of the total market.
Which of the following statements regarding sustainable excess returns for the above real options is true1?
- A. Z has the potential to generate greater excess returns as a follow on option than Y.
- B. Y is an example of an option to abandon and not a follow on option
- C. Y has the potential to generate greater excess returns as a follow on option than Z
- D. Z is an example of an option to abandon and not a follow on option.
Answer: A
NEW QUESTION 161
A is a private healthcare organisation aiming to provide affordable and accessible high quality patient services.
A is introducing Big Data, which has not yet been adopted by the competition A's database will store a huge amount of information about its patients Clear access to wide sources of accurate information will enable patients to make more informed choices. Patients will be able to compare not only the prices of drugs, treatments and physicians but also their relative effectiveness Which of the following concerns should A have about its use of Big Data?
- A. Veracity of information
- B. Variety of information
- C. Privacy issues
- D. Lack of competitive advantage
Answer: B
NEW QUESTION 162
Ansoff has provided a product/market growth matrix which denotes possible strategic directions that an organisation can follow.
Which of the following statements correctly describe the strategic options generated by the matrix?
Select ALL that apply
- A. Market penetration using new products within existing markets
- B. Market penetration using existing products within existing markets
- C. Market penetration using existing products in new markets
- D. Product development using new products in new markets.
- E. Market development using existing products in new markets.
- F. Diversification using new products in new markets
Answer: B,D
NEW QUESTION 163
'Big data' refers to datasets whose size is beyond the ability of typical database software tools to capture, store, manage and analyse.
Which of the following statements is NOT a valid statement regarding 'big data'?
- A. The definition of 'big data' can vary by sector, depending on the software tools and dataset sizes common to a particular industry.
- B. As technology advances over time, the size of datasets that qualify as 'big data' will also increase.
- C. 'Big data' will require the right infrastructure, incentives and safeguards to address public concerns.
- D. Sufficient analytical and managerial talent is available to exploit the opportunities associated with 'big data'.
Answer: D
NEW QUESTION 164
BBB has often encountered difficulties when it has introduced strategies which involve Organizational change.
BBB is about to enter a period of much change and has decided to appoint one or more change agents to help to manage this. Select ALL of the statements that apply in respect of a change agent.
- A. Skilled at successfully meeting budget targets.
- B. Willingness to drive through difficult decisions.
- C. Worked in three similar change environments.
- D. Skilled communicator with colleagues and subordinates.
- E. Tolerant of ambiguity and uncertainity.
- F. Sensitive to the impact of change on all stakeholders.
Answer: D,E,F
NEW QUESTION 165
BCA is a long established international airline. Which of the following represent Threats to BCA's business?
(Choose all that apply.)
- A. Greater popularity of long-haul holidays.
- B. A shortage of trained pilots in BCA.
- C. A sudden increase in international terrorism.
- D. A substantial rise in the price of oil.
- E. A higher level of private car ownership.
Answer: B,D
NEW QUESTION 166
VWX is a successful airline with a proven record in successfully exploiting the resources it obtains. Which of the following might create an additional Core Competence for VWX?
- A. A market with more passengers than the existing airlines can satisfy.
- B. The airline operations that operate below the level of middle management.
- C. Sufficient aircraft to operate a good timetable.
- D. Unique rights to operate from the most popular airport serving a capital city.
Answer: D
NEW QUESTION 167
FFF manufactures and sells three consumer products. The Marketing Manager has enough funds to commission an advertising campaign for only ONE of the three products.
The Marketing Manager's criterion for allocating funds for an advertising campaign is that the product should be a "Star" according to the BCG matrix.
Which product should receive the investment?
- A. Product A
- B. None of the three products meet the criterion.
- C. Product C
- D. Product B
Answer: D
NEW QUESTION 168
Which TWO of the following are advantages to an organization of using non-financial performance measures, rather than financial performance measures? (Choose two.)
- A. They are less expensive to measure than financial performance measures.
- B. They present a wider view of organizational performance than financial performance measures.
- C. They are easier to measure than financial performance measures.
- D. They are not distorted by inflation.
- E. They are less subjective than financial performance measures.
Answer: B,E
NEW QUESTION 169
JJJ is a frozen food delivery business in Country Q.
Competition is high and JJJ prices its delivery services very competitively. JJJ has doubled its market share to 35% in the last five years.
In order to continue to improve its competitive position in Country Q, JJJ has invested in 100 new delivery vans. These vans have been designed to increase the speed and efficiency in loading and unloading the frozen food products. JJJ has to meet tight delivery deadlines to its customers or penalties for late delivery are charged to JJJ by its customers. Drivers of the vans undertake regular training.
Which of the following would be the most appropriate critical success factor within the 'Customer' perspective of a Balanced Scorecard for JJJ?
- A. Levels of staff training
- B. Penalties for late deliveries
- C. Punctuality
- D. Price competitiveness
Answer: C
NEW QUESTION 170
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 and journalists.
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 materials leaking into the environment and to give recycled products free of charge to people in poorer countries who cannot afford to buy them.
One investor asked the CEO to confirm whether this strategy would improve the profits of PPP in the present financial year. 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 of PPP.
Which of the following statements reflects BOTH the CEO's and investor's stances on Corporate Social Responsibility (CSR) expressed at the meeting?
- A. The CEO is taking multiple stakeholder obligation stance. The investor is taking a multiple stakeholder obligation stance.
- B. The CEO is taking a multiple stakeholder stance. The investor is taking a longer-term shareholder interest stance.
- C. The CEO is taking a shaper of society stance. The investor is taking a longer-term shareholder interest stance.
- D. The CEO is taking a long-term shareholder interest stance. The investor is taking a short-term shareholder interest stance.
Answer: D
NEW QUESTION 171
You have been asked to advise a junior member of your team what qualities they should look for when identifying a coach or mentor to work with.
Place the qualities associated with effective coaching and mentoring next to the relevant statements below.
Answer:
Explanation:
NEW QUESTION 172
FFF is considering developing a new website that will allow it to advertise and sell its high quality jewellery products online. The Board of FFF has identified that the cost of developing and managing a website would be relatively low. It is predicted that FFF will sell only a small percentage of its products through the website, as most customers like the personal experience of shopping in store.
However, research undertaken by the Marketing Director indicates that the website could be used very successfully by FFF for online marketing and customer communication. Therefore, the Marketing Director has suggested that FFF should develop an IT/ IS strategy to ensure a strategic focus for its website development. However, most of FFF's Board members, who are the main shareholders of the business, believe that developing an IT/IS strategy is unnecessary in order to develop and manage its website.
Which of the following arguments could be made by the Marketing Director to the Board of FFF to persuade it that an IT/ IS strategy would be appropriate in relation to the current website development?
- A. IT/ IS is expected by FFF's key stakeholders and should therefore have a strategic focus.
- B. IT/ IS is very expensive and without a strategic focus there is a risk of costly mistakes.
- C. IT/ IS forms the basis of FFF's competitive advantage and therefore requires a strategic focus.
- D. IT/ IS is fast moving and FFF can take advantage of new technologies as they become available, if managed strategically.
Answer: D
NEW QUESTION 173
As a recently qualified accountant, you have been given responsibility for delivering an ambitious project to centralise and computerise the accounts function within a geographically dispersed, medium-sized business. In addition, the reporting timetable requires the project to be delivered within a very short timescale with limited resources. You have decided to put together a team to deal with these proposed changes.
Which THREE of the following statements regarding effective Teams and Change are correct?
- A. Teams should continue after their purpose has been served.
- B. Teams that cross departmental boundaries can develop new performance criteria.
- C. Teams enhance learning and address change directly through creating recommendations and new ideas.
- D. Individuals must become more than they were when working alone and must develop new commitments and behaviours.
- E. Teams that cross departmental boundaries can destroy shared values.
- F. Teams play minor roles in institutional change.
Answer: B,C,D
NEW QUESTION 174
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