Free E3 Exam Braindumps (page: 5)

Page 4 of 45

DRAG DROP (Drag and Drop is not supported)
Company XX and Company YY are the only two providers of electricity to Country M. The demand for electricity is price inelastic which means that buyers regard it as essential and therefore demand for electricity does not change significantly if the average price of electricty changes. However customers will switch between suppliers within a year to get cheaper electricity. Using Game Theory place the long-run revenue impact on each firm of each of the following pricing decisions.

  1. See Explanation section for answer.

Answer(s): A

Explanation:



PPP is a company that designs and markets attractive handsets, tablets, and laptop PCs globally. Its brand is one of the top ten global brands. PPP uses external companies to manufacture its products.
The recently appointed CEO of PPP presented the company's strategy to a meeting of investors and journalists.

The CEO referred to public concerns about its past ways of doing business. He stated that PPP was actively seeking to address concerns about exploitation of workers in the factories of its suppliers. He said that PPP is also establishing a system to recycle or refurbish its products to avoid hazardous materials leaking into the environment and to give recycled products free of charge to people in poorer countries who cannot afford to buy them.

One investor asked the CEO to confirm whether this strategy would improve the profits of PPP in the present financial year. The CEO replied that it would not but that the strategy was essential to protect the future of the PPP brand. The investor was unhappy with this response from the CEO of PPP.

Which of the following statements reflects BOTH the CEO's and investor's stances on Corporate Social Responsibility (CSR) expressed at the meeting?

  1. The CEO is taking a long-term shareholder interest stance. The investor is taking a short-term shareholder interest stance.
  2. The CEO is taking a multiple stakeholder stance. The investor is taking a longer-term shareholder interest stance.
  3. The CEO is taking multiple stakeholder obligation stance. The investor is taking a multiple stakeholder obligation stance.
  4. The CEO is taking a shaper of society stance. The investor is taking a longer-term shareholder interest stance.

Answer(s): A



Communication is a critical element of theOrganizational change process. Communicating the change vision is a component of Kotter's eight steps to transformingOrganizations.

Which of the following statements support Kotter's component 'Communicate the change vision'?

Select ALL that apply.

  1. Ensure the change message and vision are memorable and repeatable.
  2. One-way communication is more powerful than two-way communication.
  3. Storytelling and symbolic actions are unnecessary.
  4. Unaddressed inconsistencies undermine the credibility of strategic communications.
  5. Face-to-face communications improve clarity of message.

Answer(s): A,D,E



Which TWO of the following statements are NOT characteristics of a robust 'coaching climate'?

  1. Personal growth, team development andOrganizational learning are integrated.
  2. Coaching is seen primarily as an opportunity to be proactive rather than reactive.
  3. People are able to engage in destructive confrontation.
  4. Time for reflection takes place only out of office hours.
  5. People are recognised and rewarded for sharing knowledge.

Answer(s): C,D






Post your Comments and Discuss CIMA E3 exam with other Community members:

E3 Discussions & Posts