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CIMA Exam CIMAPRA19-E01-1 Topic 3 Question 95 Discussion

Actual exam question for CIMA's CIMAPRA19-E01-1 exam
Question #: 95
Topic #: 3
[All CIMAPRA19-E01-1 Questions]

In order to understand the potential for conflict overthe functioning of a finance department, B organisation's newChief Financial Officerhas prepared a power/interest (Mendelow) matrix. How should theChief Financial Officertreat groups with high levels of interest but relatively low power when determining the role of the function?

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Suggested Answer: B

by Beckie at Aug 25, 2024, 02:30 PM

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Mabelle
17 days ago
Option A, 'keep these groups informed'? Sounds like the CFO is trying to avoid an angry mob storming the finance department. Better to keep them in the loop, even if they can't do much.
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Elinore
20 days ago
Haha, imagine if the CFO just straight-up ignored these groups. 'What, you want to know what's going on? Sorry, I'm too busy for that!' That would go over well.
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Belen
1 months ago
Treat them as key players? That's overkill. They may have high interest, but they don't have the power to really influence things. B is the way to go - minimum effort, maximum efficiency.
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Mitsue
17 days ago
B) Take minimal effort with these groups
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Pearlene
28 days ago
A) Keep these groups informed
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Vincent
1 months ago
I agree, option C is the way to go. You don't want to ignore these groups, but you also don't want to waste too much effort on them. Keeping them satisfied is the sweet spot.
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Belen
9 days ago
D) Treat these groups as key players
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Ivette
23 days ago
C) Keep these groups satisfied
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Cortney
1 months ago
A) Keep these groups informed
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Buck
2 months ago
Keep these groups satisfied? That's the key to managing high-interest, low-power stakeholders. You don't want them getting restless and causing trouble.
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Rolande
21 days ago
Treat these groups as key players
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Jacinta
1 months ago
Keep these groups satisfied
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Jeanice
2 months ago
I believe treating these groups as key players could also be beneficial in the long run.
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Tammara
2 months ago
I agree, it's important to keep them in the loop even if they have low power.
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Whitley
2 months ago
I think the Chief Financial Officer should keep these groups informed.
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