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

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

                                      CIMA E3 - Strategic Management Question Tutorial Sample Questions:

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


                                      2. Information Systems (IS) strategy is correctly defined as:

                                      A) The planning, organizing, investment and control of information applications in the organization.
                                      B) Decisions on the hardware, software and communications solutions used in the organization.
                                      C) Identifying the information needs of the organization and aligning development to them.
                                      D) The roles and structure of information specialists in the organization and their relationship with users.


                                      3. M is a car manufacturer in Country C.
                                      Every day, at 09.00, members of M's staff practice meditation and Tai Chi for 30 minutes, before their normal workday commences.
                                      M's staff are paid during this time and M considers the practice to be a benefit both to staff and the company.
                                      Staff operate with high levels of efficiency and absenteeism levels are low.
                                      The auditors of M have recommended that M stop these sessions, stating that they consider them to be a waste of time and a drain on resources.
                                      Which of the following aspects of M's culture would the auditors recommendation impact on?

                                      A) The organizational paradigm and values
                                      B) Stories and myths
                                      C) Routines and rituals
                                      D) Symbols


                                      4. SDC is a medium sized IT systems development company. SDC employs highly qualified and experienced systems development experts. It invests heavily in staff training and development and as a result, staff are highly motivated and staff turnover is low. SDC has a strong culture of team work and innovation, which the senior managers believe is the basis of SDC's success. The senior managers, who are also the founders of SDC, are highly experienced and have a strong vision for the business.
                                      Which THREE of the following factors would be the main focus of a resource audit for SDC? (Choose three.)

                                      A) Management
                                      B) Make-up
                                      C) Manpower
                                      D) Machinery
                                      E) Markets
                                      F) Money


                                      5. 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 consider the likely consequences of any decision in the long term.
                                      C) To be responsible for keeping all external stakeholders satisfied.
                                      D) To avoid conflicts of interest and of duties.
                                      E) To focus only on maximizing company profits.


                                      Solutions:

                                      Question # 1
                                      Answer: B
                                      Question # 2
                                      Answer: C
                                      Question # 3
                                      Answer: A
                                      Question # 4
                                      Answer: A,B,C
                                      Question # 5
                                      Answer: A,B,D

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