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CIMA E3 - Strategic Management Question Tutorial Sample Questions:
1. DDD is a business which sells entertainment products and now wants to move to a position where it uses ebusiness as a fundamental part of its business strategy.
Which of the following benefits would result from DDD's use of e-business? (Choose all that apply.)
A) Easier access to loan finance.
B) Better control of information through monitoring website activity.
C) An increased use of tacit knowledge.
D) Increased online revenues.
E) A reduction in labour turnover and higher morale.
F) Cost reductions because of lower overheads and cheaper procurement.
2. DF Company is undertaking a strategic review of its activities and has asked you to explain how a Force Field analysis would assist in the review process.
Which of the following statements would be most appropriate?
A) Identify forces facing DF's activities that may create barriers and resistance to change.
B) Identify influential senior managers who will drive through changes in DF's strategic direction.
C) Provide a framework for identifying forces for and against the proposed changes within DF.
D) As part of DF's strategic review, identify forces facilitating the need for proposed change.
3. TTT recently appointed a new Chief Executive, R, to lead it through a period of major change. R immediately set up a change management team which consisted of several senior managers and directors from across the organization. Together, they formulated an overall goal for change and then spent several weeks presenting the need for change to all of the staff through a series of staff meetings. At these meetings R involved staff and built their ideas into the final change strategy.
R also set a series of interim goals to encourage ongoing performance throughout the change process. When the organization reached these goals, R widely publicized these achievements to help motivate staff.
However, after six months, TTT had failed to reach most of the interim goals that had been set. Most of the members of the change management team had not maintained a significant interest in the change process and many of the staff felt that there had been a lack of communication and reward following the initial few weeks of the change process.
Kotter suggested that there were eight steps required to successfully lead change.
Which TWO of the following did R fail to achieve? (Choose two.)
A) Incorporate change into the culture
B) Empower broad based action
C) Develop a change vision
D) Generate short term wins
E) Never letting up
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) As technology advances overtime, the size of datasets that qualify as 'big data' will also increase.
C) The definition of 'big data' can vary by sector, depending on the software tools and dataset sizes common to a particular industry.
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) Adaptation
C) Revolution
D) Reconstruction
Solutions:
| Question # 1 Answer: D,F | Question # 2 Answer: C | Question # 3 Answer: C,D | Question # 4 Answer: A | Question # 5 Answer: D |



