Cima dumpskey cima Strategic Level E3 Full Course Free by Ocean q224 vce pdf

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Exam Name:	Strategic Management
Exam Code:	E3 Dumps
Vendor:	CIMA	Certification:	CIMA Strategic level
Questions:	280 Q&A's	Shared By:	ocean

Question 36

Which THREE principles are explicitly named in the CIMA Ethical Code for Management Accountants Part A?

Options:

Objectivity

Professional Competence and Due Care

Integrity

Privacy of Information

Correct Personal Behavior

Discussion

Question 37

Which of the following is NOT a use of the Value Chain?

Options:

Give managers a deeper understanding of precisely what their Organization does.

Implement changes to protect key processes.

Identify the key processes within the business that add value to the end customer.

Identify the non-value added processes.

Discussion

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Question 38

H is a small 18-hole golf club owned by sisters F and R It offers a bar. a small shop that sells basic equipment and a professional golfer providing golf lessons to members for an additional fee.

Membership numbers have fallen, putting significant pressure on cash flow Last year the sisters had to each invest $20,000 to prevent the golf club from going out of business. The key priority for them in the short term is to increase H's membership numbers.

Which TWO of the following strategies would be feasible for H?

Options:

Investment in a refurbished bar area and the development of a new outdoor driving range facility.

An offer to new customers of a one month free trial period.

A national radio campaign to raise awareness of the club and the facilities on offer

A 'refer a friend' scheme, offering a free golf lesson to every new member and the friend who referred them.

Acquisition of a small profitable golf club overseas.

Discussion

Question 39

STU is a hospital that is wholly funded by its national government. In the last five years it has seen its funding cut by over 30% due to budgetary pressure on the government, caused by a global recession. As a result, the senior management team of STU has had to make some very difficult decisions about prioritizing how it spends the funds it receives from the government. Its main strategies have been to reduce the number of administration staff and nursing staff by 20%, in order to reduce its costs. It has also stopped providing a number of services to patients, including its counselling services and its physiotherapy unit.

Which of the following strategies has STU adopted to manage its reduced funding? (Choose all that apply.)

Options:

Liquidation

Divestment

Retrenchment

Facilitation

Turnaround