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

Actual exam question for CIMA's CIMAPRA19-E01-1 exam

Question #: 95
Topic #: 3

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?

AKeep these groups informed

BTake minimal effort with these groups

CKeep these groups satisfied

DTreat these groups as key players

Show Suggested Answer

Suggested Answer: B

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

Limited Time Offer

25%

Off

Get Premium CIMAPRA19-E01-1 Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel

Emogene

3 months ago

High interest means they could influence things later!

upvoted 0 times

...

Maricela

3 months ago

Wait, why treat them as key players? That seems off.

upvoted 0 times

...

Merrilee

3 months ago

Keeping them satisfied sounds right.

upvoted 0 times

...

Mignon

4 months ago

I think minimal effort is too risky.

upvoted 0 times

...

Leah

4 months ago

Definitely keep them informed!

upvoted 0 times

...

Clare

4 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.

upvoted 0 times

...

Darrin

4 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.

upvoted 0 times

...

Dortha

4 months ago

I'm not entirely sure, but I feel like keeping them satisfied might be important too, especially if they can influence others.

upvoted 0 times

...

Ressie

5 months ago

I remember discussing the Mendelow matrix in class, and I think groups with high interest but low power should be kept informed.

upvoted 0 times

...

Howard

5 months ago

This seems straightforward - the Chief Financial Officer should keep these groups satisfied. That way, they feel their interests are being addressed.

upvoted 0 times

...

Ozell

5 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.

upvoted 0 times

...

Nikita

5 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.

upvoted 0 times

...

Joanna

5 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.

upvoted 0 times

...

Elvera

5 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.

upvoted 0 times

...

Selma

5 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.

upvoted 0 times

...

Narcisa

5 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.

upvoted 0 times

...

Mabelle

9 months 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.

upvoted 0 times

Zona

8 months ago

A) Keep these groups informed

upvoted 0 times

...

Precious

8 months ago

C) Keep these groups satisfied

upvoted 0 times

...

Barney

9 months ago

A) Keep these groups informed

upvoted 0 times

...

Elinore

9 months 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.

upvoted 0 times

Linn

8 months ago

D) Treat these groups as key players

upvoted 0 times

...

Gail

8 months ago

C) Keep these groups satisfied

upvoted 0 times

...

Kati

8 months ago

A) Keep these groups informed

upvoted 0 times

...

Belen

10 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.

upvoted 0 times

Aliza

9 months ago

B) Take minimal effort with these groups

upvoted 0 times

...

Mitsue

9 months ago

B) Take minimal effort with these groups

upvoted 0 times

...

Pearlene

10 months ago

A) Keep these groups informed

upvoted 0 times

...

Vincent

10 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.

upvoted 0 times

Belen

9 months ago

D) Treat these groups as key players

upvoted 0 times

...

Ivette

10 months ago

C) Keep these groups satisfied

upvoted 0 times

...

Cortney

10 months ago

A) Keep these groups informed

upvoted 0 times

...

Buck

10 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.

upvoted 0 times