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CIMAPRA19-E01-1 Exam - Topic 3 Question 92 Discussion

A few years have passed since tech company NVision launched their new games console, Superbox. The product was once a star, with high, rising sales, but it is now selling quite poorly. In fact, it's selling so poorly thatNVision are no longer making a return on the product.Which of the following strategies would be the BEST for NVision to implement?
A) Pull out of the market or, if possible, sell the rights of Superbox to an individual or company who is willing to carry it on.
B) Keep costs low and continue to sell the console.
C) Develop the product for a specific market segment who continue to have a need for it - this will allow NVision to sell the product at a higher price.
D) Allow the product to follow its natural life-cycle.

CIMAPRA19-E01-1 Exam - Topic 3 Question 92 Discussion

Actual exam question for CIMA's CIMAPRA19-E01-1 exam
Question #: 92
Topic #: 3
[All CIMAPRA19-E01-1 Questions]

A few years have passed since tech company NVision launched their new games console, Superbox. The product was once a star, with high, rising sales, but it is now selling quite poorly. In fact, it's selling so poorly that

NVision are no longer making a return on the product.

Which of the following strategies would be the BEST for NVision to implement?

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Suggested Answer: A

by Giovanna at Jul 06, 2024, 07:28 PM

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Chi
8 months ago
Keeping costs low won't help if no one wants it anymore.
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Vallie
8 months ago
Wait, are they really not making any profit? That sounds hard to believe!
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Chau
8 months ago
Pulling out seems drastic, but maybe it's time for a fresh start.
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Donte
8 months ago
I think option C makes the most sense. Targeted marketing could revive it!
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Arlean
9 months ago
Superbox was a hit, but now it's just collecting dust.
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Harrison
9 months ago
I feel like keeping costs low with option B might just prolong the inevitable. But then again, letting it run its course with option D seems too passive.
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Carey
9 months ago
I practiced a similar question where a product was failing, and I think focusing on a niche market like option C could really help them.
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Willow
9 months ago
I'm not sure about option A. Selling the rights could be risky if they don't find a buyer. I think they should explore option C instead.
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Peggy
9 months ago
I remember we discussed product life cycles in class, and it seems like Superbox is at the decline stage. Maybe option D is the safest bet?
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Monte
9 months ago
Developing the product for a specific market segment could work, but I'd want to make sure there's a clear demand and that NVision can execute that strategy effectively.
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Ceola
9 months ago
Hmm, I'm not sure which option is the best. I'll need to carefully consider the pros and cons of each approach before making a decision.
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Amber
9 months ago
This seems like a straightforward question, I'm pretty confident I can identify the best strategy for NVision here.
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Cory
10 months ago
Pulling out of the market or selling the rights seems like the safest bet if the console is no longer profitable. But I wonder if there are any other creative options worth exploring.
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Rolland
10 months ago
This question seems to be testing our understanding of virtual machine provisioning in Huawei desktop cloud. I'll need to carefully read through the options and think about the differences between the provisioning modes.
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Britt
10 months ago
Okay, I think I've got a handle on this. The key is understanding how Oracle stores and retrieves time zone information.
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Val
10 months ago
I'm leaning towards "place families" but I feel like that might just be a distraction. Templates could also fit in here somehow.
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Bok
2 years ago
Haha, 'allow the product to follow its natural life-cycle'? That's just a fancy way of saying 'let it die'. NVision needs to be more proactive.
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Ivan
2 years ago
Haha, 'allow the product to follow its natural life-cycle'? That's just a fancy way of saying 'let it die'. NVision needs to be more proactive.
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Eden
2 years ago
B) Keep costs low and continue to sell the console.
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Cruz
2 years ago
A) Pull out of the market or, if possible, sell the rights of Superbox to an individual or company who is willing to carry it on.
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Viva
2 years ago
Haha, 'allow the product to follow its natural life-cycle'? That's just a fancy way of saying 'let it die'. NVision needs to be more proactive.
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Goldie
2 years ago
C) Develop the product for a specific market segment who continue to have a need for it - this will allow NVision to sell the product at a higher price.
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Tricia
2 years ago
A) Pull out of the market or, if possible, sell the rights of Superbox to an individual or company who is willing to carry it on.
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Refugia
2 years ago
I disagree, I think option C is the way to go. Targeting a specific market segment and selling at a higher price could turn things around for Superbox.
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Odette
2 years ago
I see your point, Lindsey. But I think option D might be the most realistic choice. Let the product run its course.
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Timothy
2 years ago
Pulling out of the market seems like the best move here. The console just isn't selling well anymore, and NVision needs to cut their losses.
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Elly
2 years ago
C) Develop the product for a specific market segment who continue to have a need for it - this will allow NVision to sell the product at a higher price.
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Elly
2 years ago
A) Pull out of the market or, if possible, sell the rights of Superbox to an individual or company who is willing to carry it on.
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Lindsey
2 years ago
I disagree, I believe option C is the way to go. There might still be a market for Superbox.
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Jamika
2 years ago
I think option A is the best choice. It's better to cut losses and move on.
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