Get All E3 Strategic Management Exam Questions with Validated Answers
| Vendor: | CIMA |
|---|---|
| Exam Code: | CIMAPRA19-E03-1 |
| Exam Name: | E3 Strategic Management |
| Exam Questions: | 278 |
| Last Updated: | June 27, 2026 |
| Related Certifications: | CIMA Professional Qualification |
| Exam Tags: |
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LMN sells fashion clothing at competitive prices through its own retail stores. The clothes are manufactured forLMNbycontractorsinothercountries.
In the past 4 years LMN has progressively lost market share to rival shops and online stores. This has been the consequence of poor designs, poor quality, and poor customer service.
In the past 3 years LMN tried to respond to this declining market share in several ways:
* Used e-sourcing to increase the number of suppliersLMNuses in order to obtain a larger choice of designs.
* Used e-procurement to buy in greater quantities to reduce cost per item.
* Warned each supplier that LMN will use a different supplier unless prices are reduced and better designs provided.
* Closed its own design studio to save costs, relying insteadon its suppliers for designs.
* Reallocated budgets away from funding forcustomer research towards increasedadvertising.
* Avoided costs of product returns by making it difficult for customers to return items for a refund.
* Cancelled investment in a Customer Relationship Management system (CRM) to use the funds to finance its rising inventories.
You have been asked to suggest ways to improve the supply chain of LMN. This requires you to make a presentation to the Board of LMN.
Which THREE of the followingtechniqueswouldimprove the supply chain ofLMN?
VWX is a successful airline with a proven record in successfully exploiting the resources it obtains. Which of the followingmight create an additionalCore Competence forVWX?
SDC is a medium sized IT systems development company. SDC employs highly qualified and experienced systems development experts. It invests heavily in staff training and development and as a result, staff are highly motivated and staff turnover is low. SDC has a strong culture of team work and innovation, which the senior managers believe is the basis of SDC's success. The senior managers, who are also the founders of SDC, are highly experienced and have a strong vision for the business.
Which THREE of the following factors would be the main focus of a resource audit for SDC? (Choose three.)
According to Johnson, Scholes and Whittington,Suitability is an important consideration when evaluating potential alternative investment strategies.
Which of the following is a Suitability consideration?
CIMA has described the two roles of enterprise governance as 'preventing failure' and 'ensuring success'. CIMA sees 'preventing failure' as being related to having proper risk management and corporate governance procedures in place. CIMAsees 'ensuring success' asbeing concerned with the practise of strategic management.
Which THREE of the following responsibilities of senior management are essential to 'ensuring success' for the Organization?
Security & Privacy
Satisfied Customers
Committed Service
Money Back Guranteed