Free IMANET IMA-CSCA Exam Questions

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Total 753 Questions | Updated On: Mar 25, 2025

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Question 1

In traditional markets, value creation can be analysed using Porter's value chain model. Which of the following is NOT one of the support activities per Porter's value chain?

A : Human resources management

B : Technology development

C : Marketing and sales

D : Procurement

Answer: C

Question 2

The entry barriers are high and the threat of entry is low in each of the following instances except when

A : capital requirements are high.

B : companies have large cost advantages over potential entrants due to high economies of scale.

C : patents or other forms of intellectual properties are in place.

D : customers do not have strong brand preferences or loyalty.

Answer: D

Question 3

Which of the following describes a Star business line in the BCG Growth-Share Matrix?

A : An undesirable business holding a small share of a market that isn't growing. This business may not require much cash to maintain, but there is often significant capital resources and valuable management attention tied up in these businesses. Unless there is an important purpose to remain in this market, organizations usually design divest strategies for this kind of business.

B : The business line holds a high share of a fast-growing market. The organization typically needs to spend significant resources in order to maintain its share of this market. Organizations usually design invest strategies for this kind of business.

C : By holding a small share of a fast-growing market, these products or services have a lot of potential to do well, but have yet to actually deliver strong results. Organizations usually design explore strategies for this kind of business.

D : Products, services, or business units that have a large share of an established (slower growing) market. These business lines require little investment and can generate a lot of cash that can be used in other business units. Organizations usually design harvest strategies for these kinds of business.

Answer: B

Question 4

Y has recently published the following statement:‘Y aims to continually improve shareholder value, by providing the best customer service in the industry to customers.’Which ONE of the following is this statement most likely to be?

A : A non-market strategy statement

B : A vision statement

C : A mission statement

D : An objective

Answer: C

Question 5

Each of the following statements represents a “best practice” for implementing and using the balanced scorecard, except:

A : Balanced scorecard measures should be linked in a “cause-and-effect” manner.

B : Balanced scorecard measures should not be used as part of the performance evaluation process as employees may focus too much on them.

C : Balanced scorecard measures should be consistent with an organization’s strategy.

Answer: B

Page: 1 / 151

Total 753 Questions | Updated On: Mar 25, 2025

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