CIMA CIMA-E3
CIMA E3 Strategic Management Flashcards
The rational model of strategic planning divides the process into three stages
What is an ‘emergent strategy’?
Is the following true or false? Once a strategic plan has been carefully devised it should be strictly followed.
What is logical incrementalism?
What are four potential advantages of strategic planning?
What are three potential disadvantages of strategic planning?
What is an organisation’s mission?
What are the three suggested components of a mission statement?
What are the three classifications of stakeholders?
What are the two axes of Mendelow’s matrix?
What are the two missing labels missing in the diagram below?
What are the four categories of drivers for change?
What is PESTEL?
What is industry convergence?
What is LoNGPEST?
What does Porter’s diamond attempt to explain?
What are the four elements of Porter’s diamond?
What does the Porter’s 5 Forces model attempt to analyse?
What are the five elements of the Porter five forces model?
What do the following statements define?
Kotler identified four types of competitor. What are these?
What are the two missing labels on diagram below (Porter’s approach to competitor analysis)?
What is the 4Cs mnemonic to the processes of competitor analysis?
What are resources and competences?
Capabilities are made up of which two items?
What are threshold and additional capabilities?
What is the difference between resource-based and position-based strategies?
Which two labels are missing in the product life cycle diagram, below?
What are the primary activities of Porter’s value chain?
What are the support (or secondary) activities of Porter’s value chain?
What is the difference between push and pull models of supply chains?
In SWOT analysis, which elements are internal and which external?
What is meant by SMART target or objective setting?
What is a CSF?
What is a KPI?
What are the four ways in which KPIs can be classified?
What are three types of benchmark?
What are the three aims of customer relationship management?
What is customer profitability analysis?
In the customer portfolio analysis cycle, what is Step 3
What is ‘hyperpersonalisation’?
What are the three generic strategies?
What are the descriptions three columns in terms of generic strategies or failure to achieve one?
In Ansoff’s Matrix, what is a company doing if it goes for new products and new markets simultaneously?
What are the four options for increasing profits if a company stays with current products and current markets?
What are the three headings under which a strategy can be evaluated?
What are backward and forward integration?
What are the two axes on a Boston Consulting Group matrix?
What headings should go into the blank boxes?
Apart from organic growth, what are four ways in which an organisation can expand?
What are the four elements of Kaplan and Norton’s balanced scorecard?
What is the ‘Delphi technique’?
What is ‘game theory’?
What do each of the characters represent?
What value must be calculated to test the strength of the relationship between two variables?
What are the four components of a time series and which two are normally estimated in time series analysis?
What is scenario planning?
What are the three types of real option and give an example of each?
What four elements need to be considered under the POPIT model of business change?
In any change process or project what are the four types of feasibility that should be considered?
What are the elements of the cultural web?
How did Handy classify cultures?
What are the 7Ss of the McKinsey 7S model?
What labels are missing from the two blank quadrants below?
What are the titles of the two groups of variables in the Balogun and Hope Hailey model for change?
What is Lewin’s force field analysis?
What are five change styles?
What are CAD and CAM
Describe a LAN and a WAN
Cloud technology primarily uses data and programs stored locally.
What is intranet?
What is an extranet?
What are the four Vs of big data?
What is blockchain technology?
What are a DSS and an EIS?
What is additive manufacturing?
What is artificial intelligence?
What is the ‘internet of things’?
What are the four ethical stances?
What is corporate social responsibility?
What is corporate governance?
Card 1 of 81. Question side.