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E3 Exam Dumps : 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.

Strategic Management Questions and Answers

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Question 1

CIMA has described the two roles of enterprise governance as 'preventing failure' and 'ensuring success'. CIMA sees 'preventing failure' as being related to having proper risk management and corporate governance procedures in place. CIMA sees 'ensuring success' as being concerned with the practise of strategic management.

 

Which THREE of the following responsibilities of senior management are essential to 'ensuring success' for the Organization?

Options:

A.

Providing leadership and direction to the Organization.

B.

Maintaining awareness and responsiveness to abrupt change in the Organization's environment.

C.

Demonstrating competence in the execution of new initiatives.

D.

Avoiding the dominance of the executive team by particular personalities. 

E.

Ensuring conformance with the codes of corporate governance.

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Question 2

CCC has been given permission by the local government authority to build 500 houses and this will be a very profitable project for CCC. An animal charity is opposed to the building of the houses as fields where animals live will be built on.  Some people living nearest to the area of the proposed building are in favour because it will stimulate the local economy. Other people living near the area of the proposed development are opposed to it because their view will be spoiled. Which of the following activities should CCC undertake to resolve the stakeholders' competing objectives?

Options:

A.

CCC should focus on its stakeholders' needs in turn.

B.

CCC should give the animal charity the money to establish a wildlife sanctuary.

C.

CCC should conduct discussions with its stakeholders and reach an acceptable compromise.

D.

CCC should conduct a PESTLE analysis.

Question 3

RRR is a state-funded hospital serving a major city. It is under political pressure to reduce the waiting times of patients requiring surgical operations who need to stay at the hospital for several nights. The doctors blame a lack of bed spaces and are calling for more investment in extra beds.

 

You have been conducting some research into the problem and have discovered the following problems affecting the utilisation of the existing beds at RRR:

 

   • many patients stay extra nights due to lack of communication with the health professionals needed to monitor the patients at home

   • beds are left empty each day when patients miss their admission date but there are no processes to inform other patients to offer them the space

   • patients are admitted on days when there are no spaces available on the special equipment needed to treat their particular condition

 

Which THREE  linkages between Primary Activities in the Value Chain of RRR need to be improved to provide extra bed spaces at RRR?

Options:

A.

Between outbound logistics and service.

B.

Between inbound logistics and marketing and sales.

C.

Between inbound logistics and operations.

D.

Between inbound logistics and outbound logistics.

E.

Between inbound logistics and technology development.

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