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

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?
B) Take minimal effort with these groups
A) Keep these groups informed
C) Keep these groups satisfied
D) Treat these groups as key players

CIMAPRA19-E01-1 Exam - 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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Emogene
8 months ago
High interest means they could influence things later!
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Maricela
8 months ago
Wait, why treat them as key players? That seems off.
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Merrilee
8 months ago
Keeping them satisfied sounds right.
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Mignon
8 months ago
I think minimal effort is too risky.
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Leah
9 months ago
Definitely keep them informed!
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Clare
9 months ago
I recall that treating them as key players seems too strong since they have low power, so I think option A makes the most sense.
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Darrin
9 months ago
I practiced a similar question where we had to prioritize stakeholders, and I think the right answer is to keep them informed, but I'm a bit uncertain.
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Dortha
9 months ago
I'm not entirely sure, but I feel like keeping them satisfied might be important too, especially if they can influence others.
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Ressie
9 months ago
I remember discussing the Mendelow matrix in class, and I think groups with high interest but low power should be kept informed.
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Howard
9 months ago
This seems straightforward - the Chief Financial Officer should keep these groups satisfied. That way, they feel their interests are being addressed.
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Ozell
9 months ago
I'm a bit confused by the different options. I'll need to re-read the question and think about the implications of each approach.
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Nikita
9 months ago
Okay, let's think this through. The key is understanding how to treat these groups - I'll need to weigh the options and determine the best approach.
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Joanna
9 months ago
Hmm, this seems like a tricky one. I'll need to carefully consider the power/interest matrix and how to best manage groups with high interest but low power.
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Elvera
10 months ago
I've seen this type of question before. I think the answer is to keep these groups informed, so they feel involved even though they don't have much power.
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Selma
10 months ago
Okay, let's think this through step-by-step. The math.hypot() function calculates the Euclidean distance, so that should be easy to check. The other functions are a bit trickier, but I'll give it my best shot.
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Narcisa
10 months ago
It seems like CVB could face cyber threats with these new devices, especially if they're on the network. Option C feels really unlikely to be true.
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Mabelle
1 year 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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Zona
1 year ago
A) Keep these groups informed
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Precious
1 year ago
C) Keep these groups satisfied
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Barney
1 year ago
A) Keep these groups informed
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Elinore
1 year 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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Linn
1 year ago
D) Treat these groups as key players
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Gail
1 year ago
C) Keep these groups satisfied
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Kati
1 year ago
A) Keep these groups informed
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Belen
1 year 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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Aliza
1 year ago
B) Take minimal effort with these groups
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Mitsue
1 year ago
B) Take minimal effort with these groups
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Pearlene
1 year ago
A) Keep these groups informed
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Vincent
1 year 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
1 year ago
D) Treat these groups as key players
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Ivette
1 year ago
C) Keep these groups satisfied
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Cortney
1 year ago
A) Keep these groups informed
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Buck
1 year 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
1 year ago
Treat these groups as key players
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Jacinta
1 year ago
Keep these groups satisfied
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Jeanice
1 year ago
I believe treating these groups as key players could also be beneficial in the long run.
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Tammara
1 year ago
I agree, it's important to keep them in the loop even if they have low power.
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Whitley
1 year ago
I think the Chief Financial Officer should keep these groups informed.
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