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E3 Exam Dumps - E3 Strategic Management

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Question # 25

TTT is a software design company which has grown successfully over the last 8 years. It has been highly innovative and often collaborates with a number of external partners to produce high quality, innovative software for a wide range of customers.

 

TTT's owner, K, has been a driving force behind its success. He spends a great deal of time analysing what is happening in the marketplace and trying to predict what customers need from TTT, through a network of industry contacts. He has a strong vision for TTT and communicates this, with conviction, to his staff in regular face to face meetings. He recognises and rewards his staff when new developments are undertaken and completed successfully and believes that if staff feel appreciated, then they will be more motivated to succeed. 

 

Which THREE of the following skills for a leader in a change adept Organization does K demonstrate?

A.

Tuning into the environment

B.

Building coalitions

C.

Communicating a compelling aspiration

D.

Learning to persevere

E.

Making everyone a hero

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Question # 26

BBB operates a small chain of coffee shops within Country X. a mature economy in northern Europe. BBB was established 20 years ago and currently employs over 150 staff in 25 shops located in major towns and cities throughout Country X. BBB attracts a wide range of customers, who are attracted by its extensive menu of coffee products and food Customers can either consume their purchases within the shop or can take their purchases away.

Which THREE of the following external environmental changes would have the greatest impact on BBB in the next three years?

A.

A worldwide shortage of coffee beans due to climate changes, affecting availability.

B.

The opening of an internationally renowned chain of coffee shops in Country X.

C.

An increase in the national statutory minimum wage in Country X.

D.

A planned refurbishment of 80% of BBB's shops to update its image and increase shop floor space

E.

An increase in the average age of the population in Country X due to falling birth rates.

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Question # 27

The Chief Executive Officer (CEO) of Company Y has recently attended a series of presentations on the six key roles that the World Economic Forum (WEF) recommend organisations fulfil in order to succeed in the digital age.

The CEO is particularly interested in changing the focus of Y from a five year, to a one year planning cycle, with more focus on experimentation and less focus on long-term planning.

Which of the six roles suggested by the WEF is the CEO particularly interested in?

A.

Strategic planner

B.

Driver of information-based business models

C.

Operational excellence driver

D.

Innovation promoter

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Question # 28

Company GGG wants to gain competitive advantage and has decided to use data mining.

 

Which of the following would NOT result from data mining?

A.

Classification

B.

Description

C.

Forecasting

D.

Sequences

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Question # 29

A has a portfolio of business units. One of A's units has a total market share of 25% and its largest competitor has a market share of 20%. In the last year the overall market of this business unit has declined by 2%, although its revenues have increased by 12%. following a successful marketing campaign.

According to the BCG matrix. A's business unit would be classified as which of the following?

A.

Dog

B.

Cash Cow

C.

Star

D.

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Question # 30

Which TWO of the following benefits could be achieved through the use of Triple Bottom Line (TBL) Reporting?

A.

It may attract ethically aware customers.

B.

It is a straightforward and easy method for measuring targets.

C.

It is easy to quantify the environmental measures included

D.

It can ensure consistency in maximising stakeholder goals

E.

lt can result in cost savings.

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Question # 31

Which of the following statements is NOT a role for Management Accountants involved in the strategy development process?

A.

Consider and raise awareness of the ethical impact of proposed strategic decisions.

B.

Integration of financial and non-financial information.

C.

Writing the Annual Report.

D.

Assist the Board in determining risk appetite.

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Question # 32

Which of the following would be likely to encourage an organization to use Scenario Planning? (Choose all that apply.)

A.

The organization often experiences 'group-think', leading to a narrow view of the future.

B.

Competitor's are increasingly using Scenario Planning as part of their strategy formulation process.

C.

The organization has achieved all of its objectives and operates within a stable external environment.

D.

The organization has not previously experienced any major surprises or expensive strategic mistakes.

E.

Uncertainty in the industry is high, relative to management's ability to predict or adjust to change.

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