CIMA E3 Real 2022 Braindumps Mock Exam Dumps
E3 Exam Questions | Real E3 Practice Dumps
NEW QUESTION 154
An organisation which exists in a fast-changing industry with managers who dislike formal planning would be best suited to using which of the following strategy models?
- A. Freewheeling opportunism
- B. Rational model
- C. Emergent approach
- D. Logical incrementalism
Answer: A
NEW QUESTION 155
Directors have a duty to shareholders and other stakeholders and are required to promote the success of the company.
Which THREE of the following are valid roles and responsibilities of directors? (Choose three.)
- A. To focus only on maximizing company profits.
- B. To be responsible for keeping all external stakeholders satisfied.
- C. To avoid conflicts of interest and of duties.
- D. To consider the likely consequences of any decision in the long term.
- E. To have regard for the interests of the company's employees.
Answer: C,D,E
NEW QUESTION 156
BCA is a long established international airline. Which of the following represent Threats to BCA's business?
Select ALL that apply
- A. A higher level of private car ownership
- B. A sudden increase in international terrorism
- C. A shortage of trained pilots in BCA
- D. A substantial rise in the price of oil.
- E. Greater popularity of long-haul holidays
Answer: A,E
NEW QUESTION 157
Data mining is an important part of an Organization's knowledge discovery process.
Effective data mining provides insight and can help unlock previously hidden opportunities.
Which of the following are disadvantages of Data Mining?
Select ALL that apply.
- A. Security issues
- B. Ethical issues
- C. Financial crime issues
- D. Privacy issues
- E. Manufacturing issues
Answer: A,B,D
NEW QUESTION 158
DDD is a company which publishes paper-based books. In the last 10 years DDD has seen a steady decline in its sales. Last month, one of its major customers, a large chain of high street bookshops announced that it would be closing as a result in declining sales in the paper-based book market. The Board of DDD has therefore announced that in order to survive, it must re-focus the business upon the developement of electronic books, which will require a significant investment in new technology and staff training. However, some staff will be made redundant as part of this process. The Board of DDD has stated that it will reward staff who actively embrace the change process.
Which of the activities below would occur within the 'Unfreeze', 'Change' or 'Refreeze' stage of Lewin's three-stage model?
Answer:
Explanation:
NEW QUESTION 159
ZZZ recently hired a new Chief Executive, Q, to lead it through a period of major change. Q 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 Q involved staff and built their ideas into the final change strategy.
Q also set a series of interim goals to encourage ongoing performance throughout the change process.
When the Organization reached these goals, she widely publicised these achievements to help motivate staff.
However, after six months, ZZZ 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 of these eight steps did Q fail to achieve?
- A. Never letting up
- B. Empower broad based action
- C. Incorporate change into the culture
- D. Generate short term wins
- E. Develop a change vision
Answer: A,C
NEW QUESTION 160
The Board of a supermarket chain has decided that to compete more effectively against its competitors, it needs to change its strategy and pursue a differentiation-focus strategy. The Board's aim is to pursue differentiation to attract customers who have a higher disposable income and want to buy luxury food and other goods.
Which statements are valid for this differentiation-focus strategy?
Select ALL that apply.
- A. The company will have to ensure that the food and other goods it supplies are of the best quality.
- B. Using this strategy, the company will have the opportunity to promote goods that have previously underperformed.
- C. Brand loyalty underpinning this strategy may fail if the cost differential between the price the company charges and that charged by its other competitors is too great.
- D. In a differentiation-focus strategy, there is no need to exploit other activities in the value chain if they are not visible to the customer.
- E. If this strategy is adopted, the company should aim to offer better value than its competitors.
Answer: A,B,C
NEW QUESTION 161
A has a portfolio of business units. One of A's units has a total market share of 25% and its largest competitor has a market share of 20%. In the last year the overall market of this business unit has declined by 2%, although its revenues have increased by 12%. following a successful marketing campaign.
According to the BCG matrix. A's business unit would be classified as which of the following?
- A. Star
- B. Question Mark
- C. Dog
- D. Cash Cow
Answer: A
NEW QUESTION 162
HH is an outdoor theatre which is based in the capital city of country N. Tickets for shows can be booked at the ticket office or online. HH has identified the following critical success factors (CSFs):
An excellent, online ticket booking system
Customer satisfaction
Which of the following would be suitable key performance indicators (KPIs) for HH? (Choose all that apply.)
- A. Employee turnover.
- B. Customer show ratings, scored out of ten.
- C. Number of customer complaints.
- D. Profit from sales of snacks and drinks.
- E. Number of returning customers each year.
- F. Percentage of ticket bookings aborted before completion.
Answer: C,F
NEW QUESTION 163
Which of the following statements is NOT a role for Management Accountants involved in the strategy development process?
- A. Writing the Annual Report.
- B. Integration of financial and non-financial information.
- C. Consider and raise awareness of the ethical impact of proposed strategic decisions.
- D. Assist the Board in determining risk appetite.
Answer: D
NEW QUESTION 164
LLL is an international oil and gas exploration company. It is considering investing S300 million in developing new oil fields in Country D. For this it will need to obtain a license from the government of Country D.
These new oil fields will bring much wealth to Country D because a large proportion of the revenue from the production of oil will be paid to the government as part of the licensing agreement.
However, oil production in Country D will have some undesirable social effects, such as the threat of pollution, congestion to the roads and pressure on local amenities such as housing, electricity and clean water.
Which of the following approaches to stakeholder management should LLL NOT undertake in order to enter Country D?
- A. Undertake stakeholder mapping to identify the interests of the most powerful players in the decision to grant a license to LLL.
- B. Issue free shares in a Joint Venture to develop oil fields to government ministers from Country D.
- C. Commit to improving the local amenities and roads as a part of the application for a license in Country D.
- D. Develop and circulate a promotional video showing the benefits enjoyed by other countries in which LLL operates.
Answer: A
NEW QUESTION 165
XYZ operates a national chain of restaurants.
Which THREE of the following are external environmental drivers for XYZ?
- A. Reduced personal income of its customers due to increased personal taxation
- B. A direct competitor to XYZ closes down
- C. Recession in XYZ's country
- D. Launch of a new improved menu by XYZ
- E. Appointment of a new Marketing Director
Answer: A,B,C
NEW QUESTION 166
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?
- A. Negotiate with the wildlife groups to ensure their key concerns are understood, and implement an action plan to address concerns where appropriate
- B. Offer staff a bonus when the project is successfully completed
- C. Make a donation of $10,000 to town W as a contribution towards the construction of a new town hall.
- D. Negotiate a 5% reduction in the price of the blade manufacture.
- E. Continue to build the wind turbines despite attempts to overcome the objections of the locals and the wildlife groups
Answer: A,C,E
NEW QUESTION 167
Country W hosts a large music competition every 5 years, which is attended by many international musicians.
The success of the competition is dependent upon effective Customer Relationship Marketing being established with many different market groups around the world. These include music colleges who send their students, broadcasting companies who broadcast the event on radio and television, audience members, online ticket sellers and music journalists who write about the competition in specialist journals.
Using Payne's 'Six Markets Model', which of the following is the correct classification for the music journalists writing about the competition?
- A. Referral market
- B. Customer market
- C. Influence market
- D. Supplier market
Answer: C
NEW QUESTION 168
QQQ is a family run business which manufactures and sells chocolate. QQQ employs 80 staff in its factory and shops. It operates 10 shops within a number of small towns in the northern region of Country P.
In the last four years, demand for QQQ's products has decreased, as customers in its local region are increasingly shopping in large supermarkets and out of town facilities, which are more convenient and tend to offer cheaper priced goods. The recent economic recession has hit the region hard and many local people have moved away to find work in other regions of the country. The internet has also impacted upon its business, as many customers are now making purchases of chocolate via the internet.
The Managing Director (MD) of QQQ has recently retired and the Board took the decision to make an external appointment to replace him. The new MD believes that QQQ needs to invest in new technology within its factory. This would reduce staffing levels by 15% and would reduce wastage and costs, allowing QQQ to offer more competitively priced products. He also believes that QQQ must invest in its own website. However QQQ's staff are very unhappy with these proposals. Some of the family members of the Board are concerned that this change will destroy the family tradition and reputation of QQQ that has been built up over many years.
Select the correct descriptor for each of the forces for change below.
Answer:
Explanation:
NEW QUESTION 169
RST is a national airline that differentiates itself by the quality of service it provides to its passengers. Place the appropriate Value Chain activity next to each aspect of RST's service.
Answer:
Explanation:
NEW QUESTION 170
Coaching and Mentoring essentially involves a conversation where learning takes place through asking the right questions rather than providing answers. Consequently, Coaching and Mentoring can lead to both personal and professional transformation.
There have been many attempts to distinguish between Coaching and Mentoring, but it is widely acknowledged that the same skills and models are often used in both.
You have been asked to prepare a short briefing note on the Coaching and Mentoring of the Executive Management Team within your company. Which of the following statements highlight the similarities between Coaching and Mentoring?
Select ALL that apply.
- A. Both provide support without removing responsibility.
- B. Both require the ability to generate trust, support and commitment.
- C. Both extend the learning curve.
- D. Both do not require Organizational know-how or awareness.
- E. Both can function as a career guide to review career goals.
- F. Both encourage the individual to stay within their comfort zone.
Answer: A,B,E
NEW QUESTION 171
The Boston Consulting Group developed a matrix to assist managers in identifying the cash flow requirements of different businesses. The matrix suggests a number of appropriate strategies. Select ALL the strategies that apply to the Boston Consulting Group's matrix.
- A. Divest
- B. Defer
- C. Diversify
- D. Re-appraise
- E. Hold
- F. Build
Answer: A,E,F
NEW QUESTION 172
Country W hosts a large music competition every 5 years, which is attended by many international musicians.
The success of the competition is dependent upon effective Customer Relationship Marketing being established with many different market groups around the world. These include music colleges who send their students, broadcasting companies who broadcast the event on radio and television, audience members, online ticket sellers and music journalists who write about the competition in specialist journals.
Using Payne's 'Six Markets Model', which of the following is the correct classification for the music journalists writing about the competition?
- A. Referral market
- B. Influence market
- C. Customer market
- D. Supplier market
Answer: C
NEW QUESTION 173
BBB operates a national mobile phone (cell phone) network in one country. It is considering investing in upgrading its network to 4th Generation (4G) by providing an improved bandwidth that will enable its customers faster access to the Internet.
The investment will cost $29 million which BBB's institutional investors have agreed to provide by subscribing to a rights issue. This is because management has informed institutional investors that a rival is already offering 4G and that this is taking customers away from BBB because BBB's network is now regarded as too slow. BBB's remaining customers have shown a willingness to pay extra for 4G and overall the investment will have a positive net present value.
Which of the following statements are correct?
Select ALL that apply.
- A. There are sufficient investment funds available.
- B. It provides a market development opportunity for BBB.
- C. It is essential given the strategic threats to BBB.
- D. There is stakeholder approval for the investment.
- E. BBB will gain a first mover advantage.
Answer: A,C,D
NEW QUESTION 174
LMN is a fast food manufacturer that makes 'Ready-meals'.
Place the appropriate stage of the Value Chain against each of the activities below:
Answer:
Explanation:
NEW QUESTION 175
Which of the following is NOT an external driver that leads management to adopt greater sustainability in the activities of its business?
- A. Increased taxation of the emissions and waste created in industry supply chains.
- B. Customers' concerns, following widespread adverse publicity, over the very low pay of factory labour in manufacturing.
- C. Investor pressure for higher dividends.
- D. Scientific research demonstrating the adverse impacts of global warming.
Answer: C
NEW QUESTION 176
The future can be viewed as consisting of a large number of alternatives. Forecasting techniques have been designed to assist decision-making and planning.
Which TWO of the following statements are correct regarding the use of trend analysis as a forecasting tool?
- A. Suitable for young and dynamic products / services / companies.
- B. Useful where the external environment is always stable.
- C. Suitable for mature and stable products / services / companies.
- D. Useful where comparatives are not available.
- E. Useful where the external environment is always changing.
Answer: B,C
NEW QUESTION 177
......
Verified E3 Exam Dumps Q&As - Provide E3 with Correct Answers: https://www.passtestking.com/CIMA/E3-practice-exam-dumps.html
Pass Your E3 Dumps Free Latest CIMA Practice Tests: https://drive.google.com/open?id=1xMDB31RQfkY8vN3ZNYOe_FRv6PVxZlU7