Sure Pass Exam E3 PDF

Strategic Management Questions and Answers

Question 9

'Big data' refers to datasets whose size is beyond the ability of typical database software tools to capture, store, manage and analyse.

Which of the following statements is NOT a valid statement regarding 'big data'?

Options:

As technology advances over time, the size of datasets that qualify as 'big data' will also increase.

The definition of 'big data' can vary by sector, depending on the software tools and dataset sizes common to a particular industry.

Sufficient analytical and managerial talent is available to exploit the opportunities associated with 'big data'.

'Big data' will require the right infrastructure, incentives and safeguards to address public concerns.

Question 10

DDD is a business which sells entertainment products and now wants to move to a position where it uses e-business 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.)

Options:

Cost reductions because of lower overheads and cheaper procurement.

Better control of information through monitoring website activity.

Easier access to loan finance.

An increased use of tacit knowledge.

A reduction in labour turnover and higher morale.

Increased online revenues.

Question 11

Which TWO of the following benefits could be achieved through the use of Triple Bottom Line (TBL) Reporting?

Options:

It may attract ethically aware customers.

It is a straightforward and easy method for measuring targets.

It is easy to quantify the environmental measures included

It can ensure consistency in maximising stakeholder goals

lt can result in cost savings.

Question 12

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:

Negotiate with the key stakeholders to achieve an acceptable compromise.

Conduct research into the causes of the stakeholders' objectives.

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

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

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

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

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Strategic Management Questions and Answers

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CompTIA

Fortinet

Microsoft

Salesforce