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E3 Strategic Management

Last Update 7 hours ago Total Questions : 280

The E3 Strategic Management content is now fully updated, with all current exam questions added 7 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 # 81

VWX manufactures and sells a wide range of products. All these products utilise lenses and digital imaging technologies. VWX is considering how to manage its product portfolio.

Management is concerned about two product ranges in particular: cameras and home projectors.

VWX ' s cameras are Single Lens Reflex (SLR) cameras featuring interchangeable lenses and provide detailed, high quality images of objects both at very close range and at considerable distances. VWX has the largest share of the camera market but the market sales are falling as people increasingly use their mobile phone handsets to take and share photographs. 

VWX has a small share of the home projector market. As a consequence the range is loss making. The home projectors are used to show photographs or films on large wall-sized formats. There is a growing trend for customers to buy home projectors to connect to mobile phones, tablets and games consoles to project the content into a larger image and in order to share it.

 

Which THREE of the following product management strategies should VWX adopt?

A.

Cancel or postpone further investment spending on developing new SLR cameras.

B.

Use marketing expenditure to try to make the camera brand to appeal to professional photographers.

C.

Invest in promotional campaigns to encourage people to view and share content using a VWX home projector.

D.

Invest in promotional campaigns intended to convince the general public of the superiority of SLR camera pictures over the images from mobile phone handsets.

E.

Cut promotional expenditure on home projectors to seek to restore the profitability of the range.

Question # 82

FFF manufactures and sells three consumer products. The Marketing Manager has enough funds to commission an advertising campaign for only ONE of the three products. 

 

The Marketing Manager ' s criterion for allocating funds for an advertising campaign is that the product should be a " Star " according to the BCG matrix.

Which product should receive the investment? 

A.

Product A

B.

Product B

C.

Product C

D.

None of the three products meet the criterion.

Question # 83

Lynch developed the performance pyramid to define the links between objectives and performance measures.  Which THREE of the following statements apply to the performance pyramid?

A.

The performance pyramid is designed to ensure that all activities support the Organization ' s vision.

B.

The left-hand side of the pyramid contains measures which have an external focus.

C.

The lowest level of the pyramid contains the day-to-day operational measures.

D.

The business operating systems level includes the market-related Critical Success Factors.

E.

The business unit level includes measures which relate to internal systems needed to meet customers ' needs.

F.

The right-hand side of the pyramid contains measures which are predominantly non-financial.

Question # 84

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.

BBB will gain a first mover advantage.

B.

It provides a market development opportunity for BBB.

C.

There is stakeholder approval for the investment.

D.

It is essential given the strategic threats to BBB.

E.

There are sufficient investment funds available.

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