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E3 practice test questions answers

E3 practice test questions answers
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CIMA E3 Dumps Questions Answers

Exam Code:
E3
Exam Name:
E3 Strategic Management
Last Update: Dec 18, 2024
280 Questions
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CIMA E3 Last Week Results!

31

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CIMA E3

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Average Score In Real
Exam At Testing Centre

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CIMA E3 Exam Dumps FAQs

The CIMA E3 exam is designed for aspiring Certified Management Accountants (CMAs) seeking to hone their strategic thinking and decision-making skills. If you're already CIMA P3 qualified and aim to elevate your expertise in formulating, implementing, and monitoring organizational strategies, this exam is for you.

Buckle up for a journey through seven key areas:

  • The Strategy Process: Delve into the intricacies of formulating, implementing, and evaluating strategic plans.
  • Analysing the Organisational Ecosystem: Understand the internal and external factors influencing your organization's strategic landscape.
  • Generating Strategic Options: Master the art of crafting creative and feasible strategic alternatives.
  • Making Strategic Choices: Hone your ability to select the optimal strategy through critical analysis and evaluation.
  • Strategic Control: Learn how to monitor and measure the effectiveness of your chosen strategy, making adjustments as needed.
  • Digital Strategies: Grasp the impact of digital technologies on strategy formulation and implementation.
  • Revision: Sharpen your skills and solidify your understanding with dedicated revision techniques.
The CIMA E3 Strategic Management exam is an objective test that consists of 60 multiple-choice questions.
Gear up to score at least 100 out of 150 marks to secure your pass. Aim for consistent practice and thorough understanding to confidently sail through.
The CIMA E3 Strategic Management Exam is considered to be of moderate difficulty.

The CIMA E3 Strategic Management Exam and the CIMA P3 Risk Management Exam are both part of the CIMA Professional Qualification Strategic Level. Here are the differences between the two exams:

  • CIMA E3 Exam: The CIMA E3 Exam develops strategic thinking and decision-making skills for formulating, implementing, and monitoring organizational strategies. It enhances your ability to analyze the bigger picture, identify opportunities, and navigate complex business environments.
  • CIMA P3 Exam: The CIMA P3 Exam deepens your understanding of risk management principles and techniques. You'll learn to identify, assess, manage, and mitigate potential risks facing an organization, ensuring sound financial decisions and business continuity.

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We stay a step ahead of any CIMA syllabus or exam format changes. Our dedicated team meticulously updates all CIMA E3 practice questions regularly to ensure you're equipped with the most current and relevant information for exam success.
Thousands of CIMA aspirants have conquered the CIMA E3 practice test with Marks4sure by their side. We empower you with the knowledge, practice, and confidence to achieve your desired results. If you fail the exam, you can claim a full refund.

E3 Strategic Management Questions and Answers

Questions 1

QR is a conglomerate with two divisions, A and B. Given the information below, select the most appropriate strategy for each division to implement.

E3 Question 1

Options:

Questions 2

A is a private healthcare organization aiming to provide affordable and accessible high quality patient services. A is introducing Big Data, which has not yet been adopted by the competition. A's database will store a huge amount of information about its patients. Clear access to wide sources of accurate information will enable patients to make more informed choices. Patients will be able to compare not only the prices of drugs, treatments and physicians but also their relative effectiveness.

Which of the following concerns should A have about its use of Big Data?

Options:

A.

Lack of competitive advantage

B.

Veracity of information

C.

Variety of information

D.

Privacy issues

Questions 3

When FarmCot Foods was founded five years ago, it was a small shop set up by a family of dairy farmers in a disused farm shed, selling their own produce to the local community. The family had decided, at that point in time, to diversify their dairy farming activities into also selling their own milk, cheese and ice cream products. The aim was to increase their revenues, as dairy farming in their home country had been in decline for a number of years.

Since then, the shop has been very successful and has expanded rapidly over the last three years, due largely to a strong growth in tourism in its home country and a shift in consumer demand for locally sourced fresh farm products. FarmCot Foods is now located in a large purpose-built building on the site of the original farm shed and also operates a very popular café, a children's play area and sells a much wider range of products and gifts, which are all sourced from local suppliers.

Which of the following best describes FarmCot Foods approach to strategy development in the last five years?

Options:

A.

Rational

B.

Freewheeling opportunism

C.

Incremental

D.

Emergent

Next Question

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