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

CIMA E3 - Strategic Management Question Tutorial Sample Questions:

1. RRR is an insurance company which maintains an extensive database of its customer transactions over the last 10 years. RRR is developing a new product and has carried out a SWOT analysis.
Within which of the following aspects of the SWOT analysis would RRR include its customer database?

A) Opportunity
B) Threat
C) Weakness
D) Strength

2. Which of the following would be a suitable performance measure of Internal Business Processes within Kaplan and Norton's 'Balanced Scorecard' model?

A) New products developed.
B) Increase in market share.
C) Higher P/E ratio.
D) Reduction in manufacturing cycle times.

3. 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 business unit level includes measures which relate to internal systems needed to meet customers' needs.
D) The right-hand side of the pyramid contains measures which are predominantly non-financial.
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.

4. 'Big data' refers to datasets whose size is outside the ability of typical database software tools to capture, store, manage and analyze.
Which of the following statements is NOT a valid statement with regard to 'big data'?

A) 'Big data' will require the right infrastructure, incentives and safeguards to address public concerns.
B) The definition of 'big data' can vary by sector, depending on the software tools and dataset sizes common to a particular industry.
C) As technology advances overtime, the size of datasets that qualify as 'big data' will also increase.
D) Sufficient analytical and managerial talent is available to exploit the opportunities associated with 'big data'.

5. TUV had an employee turnover rate of 25% among new recruits and was becoming short of skilled workers.
The Board of TUV realized there was something dramatically wrong and called in consultants to assess the problem. The consultants recommended transformational change in that TUV should redesign the entire production system, change the placement of all equipment and the flow of work, redefine every job and give all workers new assignments.
Which type of change did the consultants recommend for TUV?

A) Evolution
B) Reconstruction
C) Adaptation
D) Revolution

Solutions: