CIMA Exam CIMAPRA19-E02-1 Topic 4 Question 91 Discussion

Actual exam question for CIMA's CIMAPRA19-E02-1 exam

Question #: 91
Topic #: 4

[All CIMAPRA19-E02-1 Questions]

The concept of core competences is key to successful outsourcing strategy. Organisations should:

Afocus on core competences and outsource non-core competences to external firms that can add more value.

Bfocus on non-core competences in order to drive down the cost of non value adding activities.

Cfocus on core competences by outsourcing these functions to external firms that can add more value.

Dfocus on non-core competences by applying transaction cost theory to external firms.

Show Suggested Answer

Suggested Answer: A, B

by Dalene at Jul 04, 2024, 05:42 PM

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Marget

7 days ago

Option C is the clear winner here. Outsourcing your core functions to firms that can add more value? That's just smart business, plain and simple.

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Miesha

8 days ago

Hmm, option B seems a bit backwards to me. Focusing on non-core competences? That's like trying to win a race by slowing down the other runners.

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Elmer

10 days ago

Wow, this question really gets to the heart of successful outsourcing strategy. I'd say option A is the way to go - focus on your core strengths and let the experts handle the non-essential stuff.

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Taryn

10 days ago

I'm not sure, but I think C could also be a valid option. Outsourcing core competences to add more value.

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Carlota

11 days ago

I agree with Dino, focusing on core competences and outsourcing non-core competences makes sense.

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Dino

13 days ago

I think the answer is A.

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