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E3 Exam Dumps : E3 Strategic Management

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CIMA E3 Exam Dumps FAQs

Q. # 1: What is the CIMA E3 Exam?

The CIMA E3 Exam, also known as the Strategic Management exam, is part of the Chartered Institute of Management Accountants (CIMA) qualification. It focuses on strategic management and is essential for those aiming to achieve the CIMA Professional Qualification.

Q. # 2: Who should take the CIMA E3 Exam?

The CIMA E3 exam is designed for aspiring CGMAs who have completed the CIMA Operational Level and are ready to progress to the Strategic Level. It's ideal for professionals seeking to demonstrate expertise in strategic decision-making, risk management, and financial resource allocation.

Q. # 3: What are the key topics covered in the CIMA E3 Exam?

The CIMA E3 exam focuses on various aspects of strategic management, including:

  • Strategic analysis and decision-making
  • Risk management and mitigation strategies
  • Financial planning and resource allocation
  • Corporate governance and ethical considerations
  • Business sustainability and value creation

Q. # 4: How many questions are on the CIMA E3 Exam?

The CIMA E3 Exam consists of 60 questions.

Q. # 5: What is the duration of the CIMA E3 Exam?

The CIMA E3 Exam duration is 90 minutes.

Q. # 6: What is the pass rate for the CIMA E3 Exam?

The pass rate for the CIMA E3 Exam is 68%.

Q. # 7: What is the difference between CIMA E3 and F3 Exams?

The CIMA E3 and F3 exams are both part of the Strategic Level of the CIMA qualification, but they focus on different areas of expertise. Here are the key differences:

  • CIMA E3 Exam: The CIMA E3 Exam focuses on strategic management, including the formulation and implementation of strategy, project management, and the role of information systems in strategic planning.
  • CIMA F3 Exam: The CIMA F3 Exam is centered on financial strategy, covering topics such as financial policy decisions, sources of long-term funds, financial risks, and business valuation.

Q. # 8: What study materials are available for passing the CIMA E3 Exam?

CertsTopics provides high-quality E3 exam dumps, questions and answers, and E3 practice tests specifically for the Strategic Management exam, ensuring a well-rounded preparation experience.

Q. # 9: Is there a success guarantee for the CIMA E3 Exam preparation?

CertsTopics offers a success guarantee for its CIMA E3 exam preparation materials. If you utilize our E3 PDFs and E3 practice tests effectively, we are confident that you will be well-prepared to pass the E3 exam.

Q. # 10: Can I use CertsTopics CIMA E3 Exam materials on any device?

Yes, CertsTopics provides E3 PDF formats that are compatible with all devices, including smartphones, tablets, and PCs, ensuring you can study anywhere, anytime.

E3 Strategic Management Questions and Answers

Question 1

QQQ has identified a new strategy which is both Suitable and Feasible However, it will not be Acceptable to some groups of QQQ's stakeholders who have publicly objected to it.

Which THREE of the following statements are correct ways of resolving competing stakeholder objectives, as suggested by Cyert and March?

Options:

A.

Negotiate with the key stakeholders to achieve an acceptable compromise.

B.

Conduct research into the causes of the stakeholders' objectives.

C.

Offer to fully address one group of stakeholders' objections now with a promise to meet the other groups' objections in the future

D.

Threaten to close down the business unless the objectors withdraw their opposition

E.

Publish more information about the new strategy including its profit potential.

F.

Exercise the Board of Directors' power and implement the strategy despite the objections.

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Question 2

A leading supermarket chain is undertaking environmental scanning as it is concerned that it is becoming uncompetitive and profits have started to fall. The Board is concerned that when the next Annual General Meeting is held, it will need to have a viable strategy to present to its shareholders, in order to prevent shareholders' protests.

  

In the past the company has been reluctant  to offer an Internet shopping service. However, it now believes that by offering this service and also introducing customer relationship marketing (CRM) this will produce a strategy that will help it to improve its competitiveness.

 

Which of the following statements apply to CRM?

 

Select ALL that apply.

Options:

A.

CRM utilises marketing resources to retain, rather than simply attract new customers.

B.

The company must be prepared to take customers' needs into account and be able to meet these needs.

C.

In mature markets, existing customers provide the most likely source of future earnings. 

D.

CRM is about marketing to customers to obtain their loyalty, so customer research is not needed. 

E.

The CRM process needs to include increasing the range of products that will be offered to customers. 

Question 3

Information Systems (IS) strategy is correctly defined as:

Options:

A.

The planning, organizing, investment and control of information applications in the organization.

B.

Identifying the information needs of the organization and aligning development to them.

C.

Decisions on the hardware, software and communications solutions used in the organization.

D.

The roles and structure of information specialists in the organization and their relationship with users.