Online Access Free CIMAPRO15-E03-X1-ENG Exam Questions

Company CCC is an automotive component manufacturer. It manufactures three main products within its portfolio:
Product 1: Relative market share of 0.1; Market growth rate of -2%
Product 2: Relative market share of 4.0; Market growth rate of +3%
Product 3: Relative market share of 0.3; Market growth rate of +15%
Which TWO of the following statements are CORRECT? (Choose two.)

• A.Product 1 is likely to be at the mature stage of its life cycle, operating in a contracting market and is fairly cash neutral.
• B.Product 3 is likely to be at the growth stage of its life cycle, at high risk of failure and further investment should be considered.
• C.Product 1 is likely to be at the mature stage of its life cycle, have strong profitability and further investment should be considered.
• D.Product 2 is likely to be at the growth stage of its life cycle, have weak profitability, poor cash generation and high capital requirements.
• E.Product 2 is likely to be at the mature stage of its life cycle, is likely to benefit from significant economies of scale.

Which of the following categorizations would be correct, according to McFarlan's Strategic Grid, for a system which is critical to sustaining existing business but its future strategic importance is considered to be low?

• A.Factory
• B.Strategic
• C.Support
• D.Turnaround

Which THREE of the following frameworks are used solely to evaluate the external environment of an organization? (Choose three.)

• A.PEST Analysis
• B.Kaplan and Norton's Balanced Scorecard
• C.SWOT analysis
• D.Porter's Five Forces Model
• E.Porter's Value Chain
• F.Porter's Diamond

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:

ABC is an independent training provider in Country F.
It provides training in business related subjects to a wide range of corporate customers. All of its tutors must possess a nationally accredited training qualification before being allowed to teach and all of its courses follow nationally accredited programmes which are externally monitored. This is considered to be a critical aspect of its business reputation.
ABC has one major competitor, XYZ, within Country F.
XYZ offers similar courses to ABC but its tutors do not have to have an accredited training qualification and its courses do not follow the national accredited programmes. The style and content of courses varies significantly between XYZ's centers.
There are a number of universities which offer nationally accredited courses within Country F.
ABC does not consider these as competitors because typically they attract students wishing to undertake degree courses.
The average university pass rate for nationally accredited programmes is currently higher than ABC's.
Which of the following types of benchmarking would be most useful for ABC?

• A.Competitor
• B.Internal
• C.Strategic
• D.Process