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CIMAPRA19-E01-1 Exam - Topic 2 Question 56 Discussion

Mitch owns a small furniture business, which he is keen to grow.Which of the following would MOST benefit the growth of Mitch's business:
A) Forming an alliance with a local supplier.
B) Becoming a shamrock organisation.
C) Becoming a network organisation.
D) Outsourcing all complementary and residual competencies.
E) Reducing the price of all products by a third.

CIMAPRA19-E01-1 Exam - Topic 2 Question 56 Discussion

Actual exam question for CIMA's CIMAPRA19-E01-1 exam
Question #: 56
Topic #: 2
[All CIMAPRA19-E01-1 Questions]

Mitch owns a small furniture business, which he is keen to grow.

Which of the following would MOST benefit the growth of Mitch's business:

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Suggested Answer: A

by Tammara at Jul 31, 2022, 12:29 AM

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Denna
10 months ago
Reducing prices by a third? That could hurt profits!
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Noel
10 months ago
Totally agree, a local supplier can boost growth!
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Shaquana
10 months ago
Really? Outsourcing everything seems risky to me.
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Celeste
11 months ago
I think becoming a network organisation is the way to go.
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Rosamond
11 months ago
Forming an alliance with a local supplier sounds smart!
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Hassie
11 months ago
Reducing prices sounds tempting, but I recall that it might hurt profit margins in the long run. I wonder if that's really a sustainable growth strategy for Mitch.
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Rodolfo
11 months ago
I practiced a similar question about network organizations. I think option C might be the best choice since it could help Mitch tap into new markets and partnerships.
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Lisha
11 months ago
I'm not entirely sure about the shamrock organization concept. I think it relates to flexibility, but I’m not convinced it would directly lead to growth for Mitch.
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Kaitlyn
11 months ago
I remember discussing the benefits of forming alliances in class. It seems like option A could really help Mitch with resources and supply chain efficiency.
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Lynette
11 months ago
Okay, this is a tricky one. I'm leaning towards option C - integrating data and apps into dashboards, while using an existing content platform. That seems like it could provide the analytics and collaboration features the question is looking for. But I'll need to double-check the details of each option to be sure.
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Vallie
11 months ago
I'm not completely sure, but I think statement B makes the most sense because encryption seems to be applied only to associated items.
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German
11 months ago
I remember something about notifying vendors on legal holds, but I'm a bit unsure if that's the top priority compared to controlling their record retention practices.
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Noe
11 months ago
I might lean towards option D, a community health center, since they often focus on care for the poor.
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