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Practice IMANET CMA Exam Questions

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  Total 1336 Questions
Question No 1

Strategy is a broad term that usually means the selection of overall objectives. Strategic analysis ordinarily excludes the

Choose the Choices:

Trends that will affect the entity’s markets

Target product mix and production schedule to be maintained

Forms of organizational structure that would best serve the entity

Best ways to invest in research, design, production, distribution, marketing, and administrative activities

B
Question No 2

Strategic planning, as practiced by most modem organizations, includes all of the following expect

Choose the Choices:

Top - level management predication

A long - term focus

Strategies that will help in achieving long - range goals

Analysis of the current month’s actual variances from budget

D
Question No 3

Which one of the following reasons is not a significant reason for planning in an organization?

Choose the Choices:

Promoting coordination among operating units

Forcing managers to consider expected future trends and conditions

Developing basis for controlling operations

Monitoring profitable operations

D
Question No 4

Certain phases of the planning process should be formalized for all of the following reasons expect that

Choose the Choices:

Informal plans and goals lack the necessary precision, understanding, and consistency.

Formal plans can act as a constraint on the decision - making freedom of managers and supervisors

Formalization requires the establishment and observance of deadlines for decision making and planning

Formalization provides a logical basis for rational flexibility in planning

B
Question No 5

All of the following are characteristics of the strategic planning process except the

Choose the Choices:

Emphasis on the long run

Analysis of external economic factors

Review of the attributes and behavior of the organization’s competition

Analysis and review of department budgets

D
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