CIMAPRA19-E03-1 Practice Questions

Which of the following of Porter's Five Forces would affect the power of suppliers?

Which TWO of the following are economic factors?

CCC has been given permission by the local government authority to build 500 houses and this will be a very profitable project for CCC. An animal charity is opposed to the building of the houses as fields where animals live will be built on.  Some people living nearest to the area of the proposed building are in favour because it will stimulate the local economy. Other people living near the area of the proposed development are opposed to it because their view will be spoiled. Which of the following activities should CCC undertake to resolve the stakeholders' competing objectives?

Johnson, Scholes and Whittington developed the SAF framework to explain the factors that should be considered before pursuing a strategic option. JJJ is a listed company that is considering launching a new product into its market. Which of the following considerations affects the Acceptability of this new product launch?

LLL is a travel company which has experienced rapid organic growth. It has three divisions and each division is led by a Divisional Director. Each Divisional Director is responsible for their own divisions' investment in Information Technology (IT). However, as LLL has grown, so has its information requirements. Recently, LLL appointed an IT Manager. She discovered that within LLL's divisions, there are very different standards for IT, resulting in different hardware and software used in the three divisions. Also, the divisions do not use common software packages which causes difficulties in transferring information within LLL. LLL does not have a central IT department. Which of the following activities would be the primary focus of an Information Systems (IS) Strategy for LLL?

Your manager is undertaking a strategic review of XYZ's activities and has asked you to explain how a Force Field analysis would assist in the review process. Which of the following statements would be most appropriate?

PPP is a company that designs and markets attractive handsets, tablets, and laptop PCs globally. Its brand is one of the top ten global brands. PPP uses external companies to manufacture its products. The recently appointed CEO of PPP presented the company's strategy to a meeting of investors and journalists. The CEO referred to public concerns about its past ways of doing business. He stated that PPP was actively seeking to address concerns about exploitation of workers in the factories of its suppliers. He said that PPP is also establishing a system to recycle or refurbish its products to avoid hazardous materials leaking into the environment and to give recycled products free of charge to people in poorer countries who cannot afford to buy them. One investor asked the CEO to confirm whether this strategy would improve the profits of PPP in the present financial year. The CEO replied that it would not but that the strategy was essential to protect the future of the PPP brand. The investor was unhappy with this response from the CEO of PPP. Which of the following statements reflects BOTH the CEO's and investor's stances on Corporate Social Responsibility (CSR) expressed at the meeting?

Company AA has decided that it needs to improve its strategic decision-making process and is considering implementing Scenario Planning. The Management Accountant has been requested to investigate this further and also to consider how the company can use scenarios to formulate a competitive strategy. Which of the following statements are CORRECT? Select ALL that apply.

As a recently qualified accountant, you have been given responsibility for delivering an ambitious project to centralise and computerise the accounts function within a geographically dispersed, medium-sized business. In addition, the reporting timetable requires the project to be delivered within a very short timescale with limited resources. You have decided to put together a team to deal with these proposed changes. Which THREE of the following statements regarding effective Teams and Change are correct?

AAA has a new CEO who wants to introduce rational strategy into the organisation. Which THREE of the following are aspects of the rational strategy model?