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CIMA E3 - Strategic Management Question Tutorial Sample Questions:
1. CCC is a software design company. The Board of CCC has always openly encouraged partnerships with a wide range of designers and other organizations in its industry in order to continually develop and enhance the services it offers and to utilize the expertise and knowledge of a range of individuals and organizations. CCC's staff have also been highly creative and innovative in the design services they provide. CCC regularly analyses and keeps up to date with changes in the environment in which it operates. CCC operates a sophisticated website to promote its services and keep in touch with its service users.
Which TWO of the following attributes of a change adept organization, as defined by Kanter, has CCC demonstrated? (Choose two.)
A) Openness to collaborate
B) Imagination to innovate
C) Environmental awareness
D) Continual service development
E) Sophisticated systems
2. 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) Internet
B) Groupware
C) Intranet
D) Ledgers and journals
E) Social media
F) Local area network
3. BCA is a long established international airline. Which of the following represent Threats to BCA's business?
(Choose all that apply.)
A) A sudden increase in international terrorism.
B) Greater popularity of long-haul holidays.
C) A substantial rise in the price of oil.
D) A higher level of private car ownership.
E) A shortage of trained pilots in BCA.
4. 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 have regard for the interests of the company's employees.
B) To focus only on maximizing company profits.
C) To avoid conflicts of interest and of duties.
D) To consider the likely consequences of any decision in the long term.
E) To be responsible for keeping all external stakeholders satisfied.
5. 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) 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.
B) 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.
C) A company's Code of Business Conduct can be rules based.
D) As a CIMA qualified Management Accountant you must follow CIMA's Code of Ethics.
E) Both CIMA's Code of Ethics and the company's Code of Business Conduct must be based on a set of basic principles.
Solutions:
Question # 1 Answer: C,D | Question # 2 Answer: C,F | Question # 3 Answer: C,E | Question # 4 Answer: A,C,D | Question # 5 Answer: B,C |