Free CIMA CIMAPRA19-E03-1 Exam Actual Questions

The questions for CIMAPRA19-E03-1 were last updated On Apr 20, 2025

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Question No. 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?

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Correct Answer: C

Question No. 2

JJJ is about to undergo a period of rapid and far-reaching change.JJJ's Chief Executive has heard about workpublished by Beer and Nohria, 'Theory E' and 'Theory O',which identified reasons for business change initiatives failing. Select THREE of the followingcircumstances where it would be appropriate to use a'Theory E' approach.

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Correct Answer: A, B, C

Question No. 3

The Management Accountant in company PP has been asked by the Finance Director to produce a paper on"Game Theory" for the next Board meeting.

Which of the following is a valid statement?

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Correct Answer: C

Question No. 4

Your management team is considering using Porter's Value Chain to assistitin developing a new competitive strategy for the business.

Which THREE of the followingstatementswouldinformyour management teamaboutPorter's Value Chain?

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Correct Answer: A, B, C

Question No. 5

LLL is an international oil and gas exploration company. It is considering investing S300 million in developing new oil fields in Country D. For this it will need to obtain a license from the government of Country D.

These new oil fields will bring much wealth to Country D because a large proportion of the revenue from the production of oil will be paid to the government as part of the licensing agreement.

However, oil production in Country D will have some undesirable social effects, such as the threat of pollution, congestion to the roads and pressure on local amenities such as housing, electricity and clean water.

Which of the following approaches to stakeholder management should LLL NOT undertake in order to enter Country D?

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Correct Answer: D