Cima passleader pdf E3 Study Guide by Albi q224 vce pdf

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

Question 20

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?

Options:

Employ Public Relations consultants.

Change its manufacturing process to eliminate the by-product

Do nothing.

Lobby its National Government

Discussion

Question 21

Which of the following would be correct considerations when evaluating the Feasibility of a strategy? (Choose all that apply.)

Options:

Will there be sufficient time to implement the strategy?

Will the strategy exploit the core competencies of the business?

Will the strategy maintain competitive advantage?

Will customers object to the strategy?

Will the business be able to deal with the responses of its competitors to the strategy?

Discussion

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Question 22

TUV had an employee turnover rate of 25% among new recruits and was becoming short of skilled workers. The Board of TUV realized there was something dramatically wrong and called in consultants to assess the problem. The consultants recommended transformational change in that TUV should redesign the entire production system, change the placement of all equipment and the flow of work, redefine every job and give all workers new assignments.

Which type of change did the consultants recommend for TUV?

Options:

Evolution

Reconstruction

Revolution

Adaptation

Discussion

Question 23

QQQ has identified a new strategy which is both Suitable and Feasible However, it will not be Acceptable to some groups of QQQ's stakeholders who have publicly objected to it.

Which THREE of the following statements are correct ways of resolving competing stakeholder objectives, as suggested by Cyert and March?

Options:

Negotiate with the key stakeholders to achieve an acceptable compromise.

Conduct research into the causes of the stakeholders' objectives.

Offer to fully address one group of stakeholders' objections now with a promise to meet the other groups' objections in the future

Threaten to close down the business unless the objectors withdraw their opposition

Publish more information about the new strategy including its profit potential.

Exercise the Board of Directors' power and implement the strategy despite the objections.

Discussion

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