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Study Material For E3 Strategic Management Exam

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Title: Study Material For E3 Strategic Management Exam


1
E3 Strategic Management Dumps
2
What is Strategic management?
Strategic management is the continuous planning,
monitoring, analysis and assessment of all that
is necessary for an organization to meet its
goals and objectives.
Pass your E3 Strategic Management Exam In First
Attempt
Get full exam questions file from
https//www.dumps4download.us/free-e3-strategic-ma
nagement/cima-question-answers.html
3
Question No 1
What is strategy? Answers Strategy "A course of
action, including the specification of resources
required, to achieve a specific objective." CIMA
Official Terminology
https//www.dumps4download.us/free-e3-strategic-ma
nagement/cima-question-answers.html
4
Question No 2
Levels of strategy - Johnson and
Scholes? Answer Corporate strategy
(Where) Business Strategy (How) Functional
Strategy (Who)
https//www.dumps4download.us/free-e3-strategic-ma
nagement/cima-question-answers.html
5
Question No 3
Arguments in favor of a strategic
approach? Answer Strategy helps minimize
risk Avoids short-term behavior Improves
stakeholder perceptions Encourages
environmental analysis e.g. critical to react to
change Evidence indicates performance can be
improved using strategic approaches Integration
and coordination of activities and processes
https//www.dumps4download.us/free-e3-strategic-ma
nagement/cima-question-answers.html
6
Question No 4
Arguments against a strategic approach? Answer
Difficult to plan when environment changing,
uncertain or complex Encourages 'conformity'
stifling innovation e.g. the corporate
straightjacket Infrequently reviewed e.g. chosen
long-term strategy may not keep pace with change
Implementation often managed poorly Rational
planning a complex methodology and costly for
small businesses
https//www.dumps4download.us/free-e3-strategic-ma
nagement/cima-question-answers.html
7
Question No 5
The rational planning process Advantages? Answer
For transformational or radical change Copes
with the uncertain future by providing long-term
plans Helps integrate and coordinate complex
organizations
https//www.dumps4download.us/free-e3-strategic-ma
nagement/cima-question-answers.html
8
Strategic Management E3 Exam Dumps
Get full exam Dumps PDF file from
https//www.dumps4download.us/free-e3-strategic-ma
nagement/cima-question-answers.html
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