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E3 Exam Dumps - E3 Strategic Management

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Question # 33

Select the quality associated with effective coaching and mentoring for each of the descriptions below:

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Question # 34

D is a Project Manager. D has just left a meeting with the Executive Team of his Organization. D is delighted that the Executive Team has given support to D's proposal to implement a knowledge management system in the Organization.

 

What should be the next activity that D undertakes in this project?

A.

Create a technological infrastructure of hardware and software.

B.

Create database structures to store and reference knowledge.

C.

Gain the commitment of senior management to the project.

D.

Populate the knowledge management system with knowledge.

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Question # 35

Which of the following is NOT an external driver that leads management to adopt greater sustainability in the activities of its business?

A.

Scientific research demonstrating the adverse impacts of global warming.

B.

Increased taxation of the emissions and waste created in industry supply chains.

C.

Customers' concerns, following widespread adverse publicity, over the very low pay of factory labour in manufacturing.

D.

Investor pressure for higher dividends.

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Question # 36

Kaplan and Norton developed a model called the Balanced Scorecard to assist in the formation and achievement of strategic policy.  Within this model are four perspectives. Which of the following statements is NOT applicable to a Balanced Scorecard perspective?

A.

To succeed financially, how should we appear to our shareholders?

B.

To achieve our vision, how should we appear to our customers?

C.

To achieve our vision, how will we sustain our ability to change and improve?

D.

To achieve our vision, how should we appear to our stakeholders?

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Question # 37

WXY has been criticised by an activist shareholder for a lack of clarity in its formulation and implementation of strategy.

The activist shareholder states that WXY is confused as to the different levels of strategy and it has pointed to examples of inappropriate levels of management being held responsible for strategies that they do not control

WXY has decided to use the categories, Corporate, Business and Functional to clarify its strategic processes.

Which of the following are Corporate strategies?

Select ALL that apply.

A.

WXY has improved the duration of its products' working lives to match its major competitor.

B.

WXY is closing its data management business.

C.

WXY is to move its Head Office and manufacturing facilities from Europe to Asia.

D.

WXY intends to introduce improvements to its occupational pension scheme.

E.

WXY will invest in robotics to become the lowest cost producer in its industry.

F.

WXY intends to replace its transport fleet every five years.

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Question # 38

QQQ is a family run business which manufactures and sells chocolate. QQQ employs 80 staff in its factory and shops. It operates 10 shops within a number of small towns in the northern region of Country P. In the last four years, demand for QQQ's products has decreased, as customers in its local region are increasingly shopping in large supermarkets and out of town facilities, which are more convenient and tend to offer cheaper priced goods. The recent economic recession has hit the region hard and many local people have moved away to find work in other regions of the country. The internet has also impacted upon its business, as many customers are now making purchases of chocolate via the internet.

The Managing Director (MD) of QQQ has recently retired and the Board took the decision to make an external appointment to replace him. The new MD believes that QQQ needs to invest in new technology within its factory. This would reduce staffing levels by 15% and would reduce wastage and costs, allowing QQQ to offer more competitively priced products. He also believes that QQQ must invest in its own website. However QQQ's staff are very unhappy with these proposals. Some of the family members of the Board are concerned that this change will destroy the family tradition and reputation of QQQ that has been built up over many years.

Select the correct descriptor for each of the forces for change below.

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Question # 39

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?

A.

There are limited raw materials available.

B.

Finances are available.

C.

Current markets are not saturated.

D.

Staff will be resistant to change.

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Question # 40

Which THREE of the following are classified as business operating systems measures within the Performance Pyramid?

A.

Flexibility

B.

Customer satisfaction

C.

Quality

D.

Productivity

E.

Cycle time

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