X is a manufacturing company that has achieved long term success by understanding the structure of its industry, and where necessary changing its strategy in order to achieve improved performance by outperforming its competitors.
Success has depended on the company exploiting the underlying economic factors (such as economies of scale) better than its competitors and maintaining this over time, so achieving sustainable competitive advantage.
Researchers would call this an "outside-in" approach to strategy, with the company choosing a strategy that responds to the challenges and changes posed by the external environment.
Which type of strategy is X adopting?
A. Positioning approachWhich of the following statements relating to negotiation are incorrect?
Select ALL that apply.
A. There are always at least two parties present in any negotiation process.A company displaying creativity in its workforce, and an ability to react to the dynamic environment in which it operates, is most likely to avoid which of the approaches to strategy formulation listed below?
A. EmergentVerbal and non-verbal communications often take place at the same time. Which of the following best describes the complementary nature of non-verbal communication?
A. It replaces the verbal messageA company, which is heavily reliant on its IT systems, experiences a critical problem affecting its just-in-time processes. The manager recognises an immediate need to change and upgrade systems, which he knows will meet resistance by some long serving staff.
Which of the following would be the most appropriate method for dealing with the resistance at this time?
A. CoercionDRAG DROP
Meredith Belbin carried out some notable research which concluded that successful teams need a good balance of complementary roles and personalities. His work concluded with the definition of nine distinctive roles that people adopt when working together in a team.
Applying this research, place the correct designated Belbin role label against the relevant personal characteristics.
Select and Place:

T is a senior manager tasked with planning the move of the company headquarters from a city centre location to a rural estate location. More than 70 staff will be impacted by the move.
T feels confident that the practical aspects of the move have been addressed well but is unsure about the reaction from staff, some of whom may have to move house. He has decided to apply a well known model to analyse the situation.
Drivers in favour of change and resisting factors to change are all plotted out on a diagram and then analysed in depth. What is the name of this technique?
A. Lewin's Force-Field analysisExamine the network diagram shown and identify ALL of the statements below that are true.

A project manager is calculating the budget cost of a single project task called "Server Configuration".
This task is estimated to last 8 weeks and requires the full-time services of two software consultants, both for the entire duration of the task.
One consultant commands an inclusive rate of $400/day and the other $40/hour based on an eight hour day. Fixed hardware costs of $12,000 have also been estimated for the task.
Calculate the total budget cost for the task (ignoring any other resources or costs) - assuming a five day working week.
Give your answer as a whole number.
The total cost is $ .
Under UK Law it is an employer's duty to protect the health, safety and welfare of the employees and other people who may be affected by their business. In what manner must employers act? Select the THREE that apply.
A. Carry out risk assessments to address all risks that might cause harm in the workplace.Nowadays, the certification exams become more and more important and required by more and more enterprises when applying for a job. But how to prepare for the exam effectively? How to prepare for the exam in a short time with less efforts? How to get a ideal result and how to find the most reliable resources? Here on Vcedump.com, you will find all the answers. Vcedump.com provide not only CIMA exam questions, answers and explanations but also complete assistance on your exam preparation and certification application. If you are confused on your CIMA-E2 exam preparations and CIMA certification application, do not hesitate to visit our Vcedump.com to find your solutions here.