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Exam E2 All Questions
Exam E2 All Questions

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CIMA Management E2 Question # 1 Topic 1 Discussion

E2 Exam Topic 1 Question 1 Discussion:
Question #: 1
Topic #: 1

Q has been appointed as the Commercial Director of a medium-sized publishing company that is facing strong competitive pressures in difficult trading conditions. Q is surprised to find that the firm is pursuing the formal/rational approach to strategy development.

 

Q is now preparing a presentation to the Board to change the basis of strategy development to an emergent approach.

 

Which THREE arguments could Q use in the presentation?


A.

The rational approach takes up significant organisational resources, can be very expensive, time consuming and complicated.


B.

The rational process can end up as a bureaucratic, top-down process focusing on plans, systems and targets, leading to a loss of entrepreneurial spirit.


C.

Given an uncertain business environment, it is impossible for rational strategy makers to make reliable assumptions about the future.


D.

An emergent approach encourages managers to take a longer term view of the development of the business, rather than being short-term and reactive.


E.

From a stakeholder perspective, the emergent approach could be viewed as demonstrating that the organisation has a very clear sense of where it is going.


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