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

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

Question #: 92
Topic #: 3

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?

APull out of the market or, if possible, sell the rights of Superbox to an individual or company who is willing to carry it on.

BKeep costs low and continue to sell the console.

CDevelop 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.

DAllow the product to follow its natural life-cycle.

Show Suggested Answer

Suggested Answer: A

by Giovanna at Jul 06, 2024, 07:28 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

Chi

4 months ago

Keeping costs low won't help if no one wants it anymore.

upvoted 0 times

...

Vallie

5 months ago

Wait, are they really not making any profit? That sounds hard to believe!

upvoted 0 times

...

Chau

5 months ago

Pulling out seems drastic, but maybe it's time for a fresh start.

upvoted 0 times

...

Donte

5 months ago

I think option C makes the most sense. Targeted marketing could revive it!

upvoted 0 times

...

Arlean

5 months ago

Superbox was a hit, but now it's just collecting dust.

upvoted 0 times

...

Harrison

6 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.

upvoted 0 times

...

Carey

6 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.

upvoted 0 times

...

Willow

6 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.

upvoted 0 times

...

Peggy

6 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?

upvoted 0 times

...

Monte

6 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.

upvoted 0 times

...

Ceola

6 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.

upvoted 0 times

...

Amber

6 months ago

This seems like a straightforward question, I'm pretty confident I can identify the best strategy for NVision here.

upvoted 0 times

...

Cory

6 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.

upvoted 0 times

...

Rolland

6 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.

upvoted 0 times

...

Britt

6 months ago

Okay, I think I've got a handle on this. The key is understanding how Oracle stores and retrieves time zone information.

upvoted 0 times

...

Val

7 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.

upvoted 0 times

...

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.

upvoted 0 times

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.

upvoted 0 times

...

Eden

2 years ago

B) Keep costs low and continue to sell the console.

upvoted 0 times

...

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.

upvoted 0 times

...

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.

upvoted 0 times

...

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.

upvoted 0 times

...

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.

upvoted 0 times

...

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.

upvoted 0 times

...

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.

upvoted 0 times

...

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.

upvoted 0 times

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.

upvoted 0 times

...