CIMA CIMAPRO15-E03-X1-ENG Q&A - in .pdf

  • Exam Code: CIMAPRO15-E03-X1-ENG
  • Exam Name: E3 - Strategic Management Question Tutorial
  • Updated: Aug 11, 2026
  • Q & A: 60 Questions and Answers
  • Printable CIMA CIMAPRO15-E03-X1-ENG PDF Format. It is an electronic file format regardless of the operating system platform.
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  • Exam Code: CIMAPRO15-E03-X1-ENG
  • Exam Name: E3 - Strategic Management Question Tutorial
  • Updated: Aug 11, 2026
  • Q & A: 60 Questions and Answers
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CIMA CIMAPRO15-E03-X1-ENG Exam Syllabus Topics:

SectionWeightObjectives
Topic 1: Generating Strategic Options15%
Topic 2: Making Strategic Choices15%
Topic 3: The Strategy Process15%
Topic 4: Strategic Control20%
Topic 5: Analysing the Organisational Ecosystem20%
Topic 6: Digital Strategy15%

CIMA E3 - Strategic Management Question Tutorial Sample Questions:

1. You have been given responsibility, as a newly qualified management accountant, for delivering an ambitious project to centralize and computerize the accounts function within a medium-sized, geographically dispersed business. The timetable also requires the project to be delivered within a very short timescale with limited resources. You have built a team to deal with these proposed changes.
With regard to effective teams and change, which THREE of the following statements are correct? (Choose three.)

A) Teams should continue after their purpose has been served.
B) Teams play minor roles in institutional change.
C) Individuals must become more than they were when working alone and must develop new commitments and behaviors.
D) Teams enhance learning and address change directly through creating recommendations and new ideas.
E) Teams that cross departmental boundaries can develop new performance criteria.
F) Teams that cross departmental boundaries can destroy shared values.


2. Company CCC is an automotive component manufacturer. It manufactures three main products within its portfolio:
Product 1: Relative market share of 0.1; Market growth rate of -2%
Product 2: Relative market share of 4.0; Market growth rate of +3%
Product 3: Relative market share of 0.3; Market growth rate of +15%
Which TWO of the following statements are CORRECT? (Choose two.)

A) Product 2 is likely to be at the mature stage of its life cycle, is likely to benefit from significant economies of scale.
B) Product 3 is likely to be at the growth stage of its life cycle, at high risk of failure and further investment should be considered.
C) Product 1 is likely to be at the mature stage of its life cycle, operating in a contracting market and is fairly cash neutral.
D) Product 2 is likely to be at the growth stage of its life cycle, have weak profitability, poor cash generation and high capital requirements.
E) Product 1 is likely to be at the mature stage of its life cycle, have strong profitability and further investment should be considered.


3. Plush is a medium-sized hotel which recently opened on the outskirts of a city which is popular with tourists. It has a sophisticated website which allows customers to pre-book rooms and additional items, such as meals in its restaurant and tickets for popular tourist attractions in the city.
Plush has listed its website on a popular hotel price comparison website, which allows customers to compare prices and facilities of hotels in the same area and this has resulted in over 60% of Plush's customer bookings so far.
Since listing on the price comparison website, the Sales Manager of Plush has noticed that the prices offered by its nearest competitors have reduced dramatically and their range of special offers have also increased.
Which TWO of Porter's Five Forces have been most affected by the use of the price comparison website by the hotels in the same area as Plush? (Choose two.)

A) Threat of substitutes.
B) Bargaining power of suppliers.
C) Competitive rivalry.
D) Threat of new entrants.
E) Bargaining power of customers.


4. DDD is a business which sells entertainment products and now wants to move to a position where it uses ebusiness as a fundamental part of its business strategy.
Which of the following benefits would result from DDD's use of e-business? (Choose all that apply.)

A) A reduction in labour turnover and higher morale.
B) An increased use of tacit knowledge.
C) Increased online revenues.
D) Better control of information through monitoring website activity.
E) Easier access to loan finance.
F) Cost reductions because of lower overheads and cheaper procurement.


5. TTT recently appointed a new Chief Executive, R, to lead it through a period of major change. R immediately set up a change management team which consisted of several senior managers and directors from across the organization. Together, they formulated an overall goal for change and then spent several weeks presenting the need for change to all of the staff through a series of staff meetings. At these meetings R involved staff and built their ideas into the final change strategy.
R also set a series of interim goals to encourage ongoing performance throughout the change process. When the organization reached these goals, R widely publicized these achievements to help motivate staff.
However, after six months, TTT had failed to reach most of the interim goals that had been set. Most of the members of the change management team had not maintained a significant interest in the change process and many of the staff felt that there had been a lack of communication and reward following the initial few weeks of the change process.
Kotter suggested that there were eight steps required to successfully lead change.
Which TWO of the following did R fail to achieve? (Choose two.)

A) Incorporate change into the culture
B) Generate short term wins
C) Empower broad based action
D) Never letting up
E) Develop a change vision


Solutions:

Question # 1
Answer: C,D,E
Question # 2
Answer: B,D
Question # 3
Answer: A,E
Question # 4
Answer: C,F
Question # 5
Answer: B,E

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