100% Free IMANET IMA-CSCA Practice Test Questions and Answers 2026

CK Company, which specialises in knitwear, has identified that in order to achieve its diversification strategy it will need to form a relationship with another company. The target is a company called Wooldn't You Like To Know and CK intends to establish a legal contract to cooperate in defined ways to achieve specific objectives.This is known as which of the following?

A large retail company is working on its annual plan. The company has had several year of declining sales and net income. The business development team, along with the store managers, developed a forecast for sales in the upcoming year. The CEO challenged them to do better, and said he expected a further 10% increase in sales volume. The finance team made the adjustment, but the bottom line is still negative. Executive level managers are under pressure to turn the company around. At a meeting with senior management, the business development team says that it is unreasonable to expect higher volume without a bigger investment in marketing, which the company is not willing to do.A planning analyst is later instructed by the CFO to increase the sales volume in the annual plan. The analyst is aware of the concerns of the business development team and is worried that increasing the volumes is not in the best interest of the company and might even be unethical. The company does not have established policies regarding how to handle such a situation. According to IMA's Statement of Ethical Professional Practice, the analyst should

Company P is a market leading manufacturer of flatscreen televisions and is considering the introduction of full automation into its factories. Currently, components including circuit boards, wiring, cases and screens are sourced from separate suppliers and then individually assembled by hand in their factory. However, concerns over build quality have emerged in recent consumer testing and automation is being considered as a solution to this problem.Which ONE of the following options describes the most likely interaction between risks at Company P from the decision to automate production?

X is a marketing services company, providing consultancy to a range of business clients. As part of its strategic planning process, X has made several changes that seem to have had an impact on its business environment. Evaluate each factor according to Porter’s Five Forces model analysis.X and its rivals have managed to persuade the Government to require all marketing services companies to complete a time-consuming and bureaucratic registration process, and to comply with an industry code of conduct. This represents a decrease in _____1_____.X has persuaded its entire staff to sign a new contract which prevents them for working for any rival company for a period of two years, should they resign. This represents a decrease in _____2_____.Use the options below to fill in the missing words in gaps 1 and 2.

SAD is considering diversifying into an unrelated market. Which of the following reasons are likely reasons that SAD would adopt this strategy?