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CMA Case Exam > CMA Case Steps > Flashcards

CMA Case Steps Flashcards

1
Q

What is the 1st step?

A

Overview

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2
Q

What is the 2nd step?

A

Situational Analysis

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3
Q

What is the 3rd step?

A

Major Issues & Identification of Alternatives

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4
Q

What is the 4th step?

A

Alternatives Analysis

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5
Q

What is the 5th step?

A

Recommendation

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6
Q

What is the 6th step?

A

Implementation & Action Plan

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7
Q

What is the 7th step?

A

Financial Forecast & Performance Measurements

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8
Q

What is part of the overview?

A

Organization
Industry
Your Role
Your Audience

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9
Q

What is part of the situational analysis?

A 
Mission, Vision and Strategic Direction/Goals
Key Stakeholders' Needs/Preferences 
Constraints and Targets
Key Success Factors & Key Risks 
SWOT Analysis 
Financial Analysis
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10
Q

What needs to be in the recommendation?

A 
Rank each alternative 
Resolve issues with recommendation 
Decision grid
Proof that resources can be acquired
Proof that targets and constraints can be met
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11
Q

Parts of Action Plan Chart

A

What
Who
When (Timeline)
How much?

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12
Q

What words will help you get integration links?

A

“….which addresses…”

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13
Q

First part of action plan is?

A

Communicate decision to company

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14
Q

Decision Grid Elements (Max of 5 or 6)

A

Stakeholder Preferences
Targets (Include Actual #’s)
Implementation Time
Mision & Vision

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15
Q

Cost identified in the implementation plan should be included in what?

A

Financial forecast

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16
Q

5 Types of Analysis Tools

A 
Cost-Volume-Profit Analysis
Contribution Margin Analysis
Variance Analysis 
Capital Budgeting Analysis 
Valuation
17
Q

What sections should you spend most time on?

A

Step 2: Situational Analysis
Step 3-4: Identification of Issues & Alternatives, Analysis of Alternatives
Step 7-8: Implementation Plan & Financial Forecast

18
Q

Quantitative Analysis is so important because?

A

It provides much insight into the issues in the case

CMA Case Exam (5 decks)

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