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CIMA CIMAPRO15-E03-X1-ENG Q&A - in .pdf
- Exam Code: CIMAPRO15-E03-X1-ENG
- Exam Name: E3 - Strategic Management Question Tutorial
- Updated: Oct 03, 2026
- Q & A: 60 Questions and Answers
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- Exam Code: CIMAPRO15-E03-X1-ENG
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- Q & A: 60 Questions and Answers
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CIMA CIMAPRO15-E03-X1-ENG Exam Syllabus Topics:
| Section | Weight | Objectives |
|---|---|---|
| Topic 1: Generating Strategic Options | 15% | - Strategic directions and growth frameworks - Innovation and entrepreneurship - Portfolio analysis and diversification |
| Topic 2: Making Strategic Choices | 10% | - Evaluation criteria and risk assessment - Strategic fit and feasibility - Strategic alliances and partnerships |
| Topic 3: Digital Strategy | 20% | - Digital transformation and business models - Technology risks and opportunities - Data analytics and strategic use of information |
| Topic 4: The Strategy Process | 20% | - Strategic planning and decision-making models - Governance and ethical considerations - Strategy definitions and levels |
| Topic 5: Analysing the Organisational Ecosystem | 25% | - External environment analysis (PESTEL, Five Forces, etc.) - SWOT and stakeholder analysis - Internal capability and resource analysis |
| Topic 6: Strategic Control and Implementation | 10% | - Implementation planning and change management - Strategic performance measurement - Review and adaptation of strategy |
CIMA E3 - Strategic Management Question Tutorial Sample Questions:
Question #1
GV is a manufacturer and retailer of high quality suede gloves. GV makes all of its sales in country F, and is extremely profitable. After many successful years trading, GV has accumulated significant cash reserves and would like to grow the business organically.
After some investigation work, GV has discovered an opportunity to sell leather shoes in country P.
Which of the following strategic directions is GV taking if it pursues this opportunity, according to Ansoff's product / market matrix?
- A. Market penetration
- B. Market development
- C. Related diversification
- D. Product development
Correct Answer: C 🗳️
Question #2
DRAG DROP
YZ is a family-run business which manufactures and sells confectionery, employing almost 100 staff. It operates 10 shops in small towns in the north of country P.
Sales of YZ's products have decreased over the last 4 years due to competition from large supermarkets, internet shopping and a general economic downturn, which has hit the north of country P especially hard.
YZ's managing director has recently retired and the board decided to fill the vacancy with an external appointment. The new managing director plans to invest in new manufacturing technology, which would cut staffing levels by 15% and reduce wastage, allowing YZ to lower its prices. YZ's staff are very unhappy about these proposals, feeling that they will destroy YZ's family tradition and reputation that has developed over many years.
Select the correct descriptor for each of the forces for change below:
Select and Place:
Correct
Correct Answer:
Question #3
DRAG DROP
AB uses Johnson, Scholes and Whittington's criteria of 'Feasibility and Acceptability' to evaluate potential strategies. AB has begun a project to re-engineer its best selling product.
Apply the appropriate criterion to each of the questions below:
Select and Place:
Correct
Correct Answer:
Explanation/Reference:
Question #4
As a CIMA qualified management accountant working within a manufacturing company, you are subject to both CIMA's Code of Ethics and your company's Code of Business Conduct.
Which TWO of the following statements are TRUE? (Choose two.)
- A. A company's Code of Business Conduct can be rules based.
- B. Both CIMA's Code of Ethics and the company's Code of Business Conduct include references to Confidentiality. Disclosure on public interest grounds is therefore prohibited.
- C. As a CIMA qualified Management Accountant you must follow CIMA's Code of Ethics.
- D. Both CIMA's Code of Ethics and the company's Code of Business Conduct must be based on a set of basic principles.
- E. Where there is a difference between CIMA's Code of Ethics and the company's Code of Business Conduct, the company's Code of Business Conduct takes priority.
Correct Answer: A,B 🗳️
Question #5
Which of the following statements is NOT a role for Management Accountants involved in the strategy development process?
- A. Writing the Annual Report.
- B. Consider and raise awareness of the ethical impact of proposed strategic decisions.
- C. Assist the Board in determining risk appetite.
- D. Integration of financial and non-financial information.
Correct Answer: C 🗳️
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