Practice CIMAPRA19-E03-1-ENG Exam Online

Question 1

Which of the following is adirectexternal change trigger?

A : A powerful competitor forcing an Organization to cut its prices.

B : A general increase in the use of the Internet by society.

C : The introduction of new environmental protection policies by the government.

D : An economic recession in an Organization's home country.

Answer: A

Question 2

Which of the following ofPorter's Five Forceswould affect the power of suppliers?

A : Economies of scale

B : A lack of differentiation

C : Similar sized competitors

D : A lack of substitutes

Answer: D

Question 3

Which of the following is NOT one of themainprinciples contained within the UK Corporate Governance Code?

A : Remuneration

B : Leadership

C : Disclosure

D : Accountability

Answer: C

Question 4

BBB is a manufacturer that has been criticized in the financial press because it does not have a policy for sustainability.
Which THREE of the following elements would be crucial to BBB successfully embedding sustainability into its activities? (Choose three.)

A : BBB should include sustainability targets in performance appraisal.

B : BBB's Board should make a commitment to sustainability.

C : BBB should give all its staff training in sustainability.

D : BBB should spend at least 0.1% of its Net Profit on sustainability projects.

E : BBB should employ a new public relations consultancy.

F : BBB should investigate the costs and benefits of establishing a sustainability department.

Answer: A,B,C

Question 5

JJJ is a publically quoted advertising agency. JJJ's competitive advantage is based on the expertise of its staff and its reputation in digital media advertising. JJJ has robust systems to protect its intellectual property. These include patents and copyrights. JJJ has also restricted access for most of its staff to its most sensitive data, such as studies of its customers' profitability.
JJJ's new Managing Director, Z, is concerned that when staff leave JJJ, the company loses whatever tacit knowledge they possess. These losses also impact on JJJ's reported profits. In order to remedy the losses of knowledge and the reduced profits Z wants to introduce a knowledge management strategy.
Which of the following steps support the introduction of a knowledge management strategy? (Choose all that apply.)

A : Z should set a target for reported profit.

B : JJJ needs to acquire and install appropriate hardware and software.

C : JJJ should unfreeze current habits and standard operating procedures.

D : JJJ should convince staff of the benefits of sharing their tacit knowledge.

E : Z should gain the support of the Board of Directors.

F : JJJ should integrate knowledge management and management accounting.

Answer: A,D

Name:	E3 Strategic Management (Online)
Exam Code:	CIMAPRA19-E03-1-ENG
Certification:	CIMA Professional Qualification
Vendor:	CIMA
Total Questions:	280
Last Updated:	Apr 22, 2024

CIMA CIMAPRA19-E03-1-ENG