Most Recent CIMAPRA19-E03-1 Exam Questions & Answers

Prepare for the CIMA E3 Strategic Management exam with our extensive collection of questions and answers. These practice Q&A are updated according to the latest syllabus, providing you with the tools needed to review and test your knowledge.

QA4Exam focus on the latest syllabus and exam objectives, our practice Q&A are designed to help you identify key topics and solidify your understanding. By focusing on the core curriculum, These Questions & Answers helps you cover all the essential topics, ensuring you're well-prepared for every section of the exam. Each question comes with a detailed explanation, offering valuable insights and helping you to learn from your mistakes. Whether you're looking to assess your progress or dive deeper into complex topics, our updated Q&A will provide the support you need to confidently approach the CIMAPRA19-E03-1 exam and achieve success.

The questions for CIMAPRA19-E03-1 were last updated on Nov 24, 2024.

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Question No. 1

Plush is a medium-sized hotel which recently opened on the outskirts of a city which is popular with tourists. It has a sophisticated website which allows customers to pre-book rooms and additional items, such as meals in its restaurant and tickets for popular tourist attractions in the city.

Plush has listed its website on a popular hotel price comparison website, which allows customers to compare prices and facilities of hotels in the same area and this has resulted in over 60% of Plush's customer bookings so far.

Since listing on the price comparison website, the Sales Manager of Plush has noticed that the prices offered by its nearest competitors have reduced dramatically and their range of special offers have also increased.

Which TWO of Porter's Five Forces have been most affected by the use of the price comparison website by the hotels in the same area as Plush? (Choose two.)

ACompetitive rivalry.

BThreat of substitutes.

CBargaining power of suppliers.

DThreat of new entrants.

EBargaining power of customers.

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Correct Answer: B, E

Question No. 2

Company V has obtained planning permission to build 20 wind turbines in town W. This will be a highly profitable project and help the Government in Country H meet targets for renewable energy. However, local residents and wildlife groups are extremely unhappy and have objected to the plans and threatened to cause disruption at the site of the proposed wind turbines once building work commences

Which THREE of the following activities should Company V use, according to Cyert and March, to resolve these conflicting stakeholder objectives?

AContinue to build the wind turbines despite attempts to overcome the objections of the locals and the wildlife groups

BNegotiate with the wildlife groups to ensure their key concerns are understood, and implement an action plan to address concerns where appropriate

CMake a donation of $10,000 to town W as a contribution towards the construction of a new town hall.

DOffer staff a bonus when the project is successfully completed

DNegotiate a 5% reduction in the price of the blade manufacture.

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Correct Answer: A, B, C

Question No. 3

The concept of Triple Bottom Line (TBL) reporting expands traditional accountancy reportingsystemsto consider social and environmental performance, rather thansimply financial performance.

Which THREE of the following does the TBL concept suggest should be measured in order to encourage greater business social responsibility?

AProductivity

BProfit

CPeople

DPlanet

EPrivacy

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Correct Answer: B, C, D

Question No. 4

Johnson, Scholes and Whittington suggest that Acceptability is an important consideration when evaluating potential alternative investment strategies.

Which of the following statements relate to Acceptability?

Select ALL that apply.

AIt considers the current position of the Organization.

BIt considers expected performance outcomes.

CIt considers cultural changes required.

DIt considers the extent to which risk versus return meets expectations of shareholders.

EAcceptability should be assessed first before feasibility or suitability.

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Correct Answer: B, D

Question No. 5

Which THREE of the following are valid reasonsto follow a Corporate Social Responsibility strategy?

AA good Corporate Social Responsibility policy can attract customers.

BA good Corporate Social Responsibility policy is likely to attract a higher calibre of staff.

CA good Corporate Social Responsibility policy is likely to reduce administration costs.

DA good Corporate Social Responsibility policy can help an Organization recruit employees to meet a diverse skills requirement.

EA good Corporate Social Responsibility policy will increase the company's market value.

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Correct Answer: A, B, D

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