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E3 Strategic Management

Last Update 4 hours ago Total Questions : 280

The E3 Strategic Management content is now fully updated, with all current exam questions added 4 hours ago. Deciding to include E3 practice exam questions in your study plan goes far beyond basic test preparation.

You'll find that our E3 exam questions frequently feature detailed scenarios and practical problem-solving exercises that directly mirror industry challenges. Engaging with these E3 sample sets allows you to effectively manage your time and pace yourself, giving you the ability to finish any E3 Strategic Management practice test comfortably within the allotted time.

Question # 11

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.

Question # 12

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?

A.

Sustainable strategy

B.

Foundational strategy

C.

Consumer strategy

D.

Corporate strategy

E.

Ethical strategy

F.

Functional or operational strategy

Question # 13

Which of the following structures would you recommend for the Board of Directors of a UK public company in order to fulfill its legal responsibilities?

A.

The Board of Directors should have a minimum of six directors with the Board ' s tasks divided amongst them. The Board should also have a Chairman or Chairwoman who may serve as the Chief Executive if time permits.

B.

The Board should have no more than six members with clearly defined executive and non-executive responsibilities. To make the role more efficient Chairman or Chairwoman of the Board should also be the Chief Executive.

C.

There should be no restriction placed on the minimum or maximum number of Directors. The Directors '  roles should be shared but the Chairman or Chairwoman should not act also as the Chief Executive.

D.

The Chairman or Chairwoman should not have an executive role within the company. There should be at least two directors to carry out the Board ' s roles.

Question # 14

JKL Plc manufactures and sells a range of consumer electronic products. it is organised into four strategic business units (SBU ' s), each responsible for a specific business segment. 

  

Which business segment would benefit most from a Build strategy?

A.

Personal Computer

B.

Tablet

C.

Smartphone

D.

Personal Music Player

Question # 15

Company GGG wants to gain competitive advantage and has decided to use data mining.

 

Which of the following would NOT result from data mining?

A.

Classification

B.

Description

C.

Forecasting

D.

Sequences

Question # 16

ZZZ is a retailing Organization that is suffering falling market share and falling profits.

 

ZZZ has a new Chief Executive Officer (CEO) who is urgently setting up a strategic performance evaluation system. This will involve identifying Critical Success Factors (CSFs) and then monitoring Key Performance Indicators (KPIs).

 

Advise the CEO which of the following statements is suitable for the role that a Chartered Global Management Accountant should undertake.

A.

Identify CSFs, develop KPIs, and report on ZZZ ' s performance against them.

B.

Help strategic management to clarify CSFs then develop KPIs, and report on ZZZ ' s performance against them.

C.

Develop KPIs from a range of external data and report on ZZZ ' s performance against them.

D.

Act as a change leader in developing the strategic performance evaluation system.

Question # 17

BBB discharges small quantities of non-harmful material into the atmosphere as a by-product of its manufacturing process. BBB has been criticised by an environmental journalist who called BBB a polluter.

BBB wishes to influence opinion in its favour and has identified a number of strategic responses to achieve this objective.

Which of the following strategic responses should BBB implement?

A.

Employ Public Relations consultants.

B.

Change its manufacturing process to eliminate the by-product

C.

Do nothing.

D.

Lobby its National Government

Question # 18

Kaplan and Norton ' s model of the Balanced Scorecard contains a number of perspectives.  Which of the following are perspectives within Kaplan and Norton ' s model?

 

Select ALL that apply.

A.

Financial

B.

Learning and growth

C.

Customer

D.

Procurement

E.

Infrastructure

Question # 19

BCD is an independent training provider in Country P. It provides training to a wide range of corporate customers in business related subjects. All of its tutors must possess a nationally accredited training qualification before they are allowed to teach. Also, all of its courses follow nationally accredited programs and are externally monitored. This is considered to be a critical aspect of its business reputation.

 

BCD  has one major competitor, JKL, within Country P. JKL offers similar courses to BCD but its tutors do not have to have an accredited training qualification. In addition its courses do not follow the national accredited programs and the content and style of courses varies significantly between JKL centres. 

 

There are a number of universities which offer nationally accredited courses within Country P. BCD does not consider these as competitors, as they typically attract students wishing to undertake degree courses. The average university pass rate for nationally accredited programs is currently higher than BCD ' s

 

Which of the following types of benchmarking would be most useful for BCD?

A.

Process

B.

Internal

C.

Competitor

D.

Strategic

Question # 20

LMN is a fast food manufacturer that makes ' Ready-meals ' .

Place the appropriate stage of the Value Chain against each of the activities below:

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