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

SectionObjectives
Strategy Implementation- Change management
  • 1. Kotter's 8-step model
    • 2. Lewin's change model
      - Project and performance management
      • 1. Strategic project management
        • 2. Performance measurement systems
          - Organisational structure and design
          • 1. Organisational configurations
            • 2. Centralisation vs decentralisation
              Strategic Choices- Corporate strategy
              • 1. Diversification strategies
                • 2. Mergers and acquisitions
                  • 3. Strategic alliances
                    - Business unit strategy
                    • 1. Focus strategy
                      • 2. Cost leadership
                        • 3. Differentiation strategy
                          Strategy Formulation- Strategic analysis of external environment
                          • 1. PESTEL analysis
                            • 2. Industry and competitive forces (Porter's Five Forces)
                              • 3. Market segmentation and positioning
                                - Internal strategic analysis
                                • 1. Resource and capability analysis
                                  • 2. Value chain analysis
                                    • 3. Core competencies

                                      CIMA E3 - Strategic Management Question Tutorial Sample Questions:

                                      1. DRAG DROP
                                      QR is a conglomerate with two divisions, A and B.
                                      Given the information below, select the most appropriate strategy for each division to implement.
                                      Select and Place:

                                      Correct


                                      2. Ansoff has provided a product/market growth matrix which denotes possible strategic directions that an organization can follow.
                                      Which of the following statements correctly describe the strategic options generated by the matrix? (Choose all that apply.)

                                      A) Market development using existing products in new markets.
                                      B) Product development using new products in new markets.
                                      C) Market penetration using new products within existing markets.
                                      D) Market penetration using existing products within existing markets.
                                      E) Market penetration using existing products in new markets.
                                      F) Diversification using new products in new markets.


                                      3. 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 focus only on maximizing company profits.
                                      D) To consider the likely consequences of any decision in the long term.
                                      E) To be responsible for keeping all external stakeholders satisfied.


                                      4. DRAG DROP
                                      PQ is an international airline.
                                      In accordance with Porter's Value Chain, select "Primary" or "Support" for each of the activities listed below:
                                      Select and Place:

                                      Correct


                                      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) Supplier market
                                      D) Customer market


                                      Solutions:

                                      Question # 1
                                      Answer: Only visible for members
                                      Question # 2
                                      Answer: B,C,D
                                      Question # 3
                                      Answer: A,B,D
                                      Question # 4
                                      Answer: Only visible for members
                                      Question # 5
                                      Answer: A

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