Cima E3 Exam Question No 5

Question No 5:

What is The rational planning process Advantages?

For transformational or radical change
Copes with the uncertainfuture by providing longterm plans
Helps integrate and coordinate complex organisations

Cima E3 Exam Question No 4

Question No 4:

What is Arguments in favour of a strategic approach?

Answer:

* Strategy helps minimise risk
* Avoids short-term behaviour
* 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

Cima E3 Exam Question No 3

Question No 3:

The rational planning process Advantages?

Answer:

For transformational or radical change
Copes with the uncertainfuture by providing longterm plans
Helps integrate and coordinate complex organisations

Cima E3 Exam Question No 2

Question No 2:

What are the Arguments in favour of a strategic approach?

1. Strategy helps minimise risk
2. Avoids short-term behaviour
3. Improves stakeholder perceptions
4. Encourages environmental analysis e.g. critical to react to change
5. Evidence indicates performance can be improved using strategic approaches
6. Integration and coordination of activities and processes

Cima E3 Exam Question No 1

Question No 1:

What is strategy?

Answer:

"A course of action, including the specification of resources required, to achieve a specific objective."