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Strategic Management

Last Update Apr 2, 2025
Total Questions : 280

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The CIMA E3 Strategic Level exam consists of 60 multiple-choice questions to be completed in 90 minutes. The passing score is 70%.
The CIMA E3 Strategic Level exam cover all essential topics including strategic planning, resource allocation, and business strategy development.
ClapGeek offers a variety of E3 study materials, including exam dumps, practice tests, and comprehensive study guides. Our E3 dumps materials are crafted to cover all key topics required for the CIMA E3 (Strategic Level) exam.
For effective preparation, review the E3 exam dumps and practice test questions regularly. Familiarize yourself with the types of questions and format, and use E3 study guides to reinforce concepts. Consistent practice can significantly enhance your readiness for the CIMA E3 Strategic Level exam.
Yes, the CIMA E3 exam questions are available in PDF format on ClapGeek. After purchasing, you can download the E3 PDF questions for convenient offline access and study.

The CIMA E3 and F3 exams are both part of the Strategic Level of the CIMA Professional Qualification, but they focus on different areas:

  • CIMA E3 Exam: The CIMA E3 Exam focuses on the formulation and implementation of business strategies. It covers areas such as strategic management, strategic decision-making, and aligning business operations with strategic goals to equip candidates with the skills to develop and manage effective business strategies.
  • CIMA F3 Exam: The CIMA F3 Exam focuses on financial strategy and valuation. It delves into financial policy decisions, sources of long-term funds, financial risks, and business valuation, providing candidates with the knowledge to assess and manage financial strategies, including valuing businesses and making informed financial policy decisions.
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All CIMA Strategic level Related Certification Exams


P3 Total Questions : 339 Updated : Apr 2, 2025
F3 Total Questions : 435 Updated : Apr 2, 2025

Strategic Management Questions and Answers

Questions 1

ABC is an online bank which has just reported substantial trading losses. It has received advice from a leading business consultancy that it should implement the following two strategies:

1. Take advantage of its reputation and brand image by entering a new industry.

2. Update all its networks to fifth generation (5G) as soon as possible. Which TWO of the following strategies has ABC been advised to implement?

Options:

A.

Sustainable strategy

B.

Foundational strategy

C.

Consumer strategy

D.

Corporate strategy

E.

Ethical strategy

F.

Functional or operational strategy

Questions 2

Company LL is a well established, reputable company which specialises in providing insurance call centre services to the insurance industry. It has recently won a large contract to provide its services to a multi-national insurer. LL's staff are highly trained in insurance matters and many have worked for LL for many years. 

 

LL undertakes long-term resource planning activities and has identified that during the winter months, when there will be more customers ringing up to make insurance claims, it will potentially need to employ more staff.  The Board has decided that rather than recruit its own staff, it will use an employment agency to supply manpower resources as required. The people supplied will be employed on a temporary basis by LL and they will work alongside the other call centre staff. However, they will work at a lower pay rate and will only be paid for the actual hours they work.

 

This change will lead to a shift in the working environment, the routine and the composition of the group.

 

Which THREE statements apply in respect of this proposed change?

Options:

A.

The proposed change will affect the group dynamics, which can be seen as being similar to a 'force field' situation.

B.

In times of change, LL can give sensitivity training to this group of workers who can then be used as a source of support during the change process.

C.

A Facilitator, as the leader of change, will allow the group to talk about their issues and concerns with this change in a formal and structured manner. 

D.

As the change process LL is proposing is an internal matter involving a group of its staff, there is no need to undertake a stakeholder analysis.

E.

LL will need to identify the Adversaries in the group, because if they are influential they may persuade other group members to resist the change.

Questions 3

Which of the following is a 'hard' factor according to McKinsey's '7-S' model?

Options:

A.

Staff

B.

Skills

C.

Strategy

D.

Success

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