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CIMAPRA19-E02-1 Exam - Topic 7 Question 105 Discussion

A business manufacturing running trainers is considering exporting to a fast growing Asian market. Using Porter's Five Forces, which of the following statements is most likely to be incorrect?
A) Supplier power is likely to be high
B) Competitive rivalry is likely to be high
C) New entrants are likely to be low
D) Substitutes are likely to be high

CIMAPRA19-E02-1 Exam - Topic 7 Question 105 Discussion

Actual exam question for CIMA's CIMAPRA19-E02-1 exam
Question #: 105
Topic #: 7
[All CIMAPRA19-E02-1 Questions]

A business manufacturing running trainers is considering exporting to a fast growing Asian market. Using Porter's Five Forces, which of the following statements is most likely to be incorrect?

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Suggested Answer: A

by German at Jan 12, 2025, 10:54 PM

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Danilo
8 months ago
Totally agree, substitutes will be everywhere in Asia!
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Thad
8 months ago
Surprised to see "low new entrants" as an option!
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Hillary
8 months ago
New entrants are probably not low, that's a bit off.
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Mohammad
8 months ago
I think competitive rivalry will definitely be high!
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Karan
9 months ago
Supplier power is usually high in new markets.
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Oretha
9 months ago
I’m a bit confused about the new entrants; I thought they would be high in a lucrative market, but maybe I’m mixing it up with another concept.
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Tasia
9 months ago
I feel like I saw a practice question where substitutes were mentioned as a significant threat, so I'm leaning towards that being a correct statement.
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Twana
9 months ago
I think competitive rivalry would definitely be high in a fast-growing market, but I'm not sure about the new entrants part.
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Carin
9 months ago
I remember studying that supplier power can vary, but in a growing market, it might actually be lower due to more options.
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Carman
9 months ago
This is a good test of my understanding of Porter's Five Forces. I'll need to really focus on the details of the question and the market context to determine the least likely high force.
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Precious
9 months ago
Okay, I've got this. The key is to analyze each of the five forces and figure out which one is the least likely to be high in this Asian market expansion scenario. I'll make sure to justify my answer.
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Georgeanna
9 months ago
Hmm, I'm a bit unsure about this one. I know Porter's Five Forces, but applying it to a specific business scenario is tricky. I'll have to read the question carefully and think it through step-by-step.
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Loise
10 months ago
This looks like a straightforward Porter's Five Forces analysis question. I'll need to think through each of the forces and determine which one is least likely to be high.
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Latrice
1 year ago
I'm feeling the need for speed on this one. I think option C is the way to go. New entrants? Pshh, they're gonna be lining up in Asia like it's a Black Friday sale!
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Josefa
1 year ago
D: Competitive rivalry is likely to be high in a fast growing market. That's where the real competition is.
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Germaine
1 year ago
C: Well, I think substitutes are likely to be high. There's always new technology coming out.
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Vernice
1 year ago
B: I disagree. I believe supplier power is likely to be high in that market.
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Marsha
1 year ago
A: I think option C is incorrect. New entrants are likely to be low in a fast growing Asian market.
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Beth
1 year ago
Haha, this question is making me sweat like a runner in the summer. But I'd have to say option B is the odd one out. Competitive rivalry? In Asia? You betcha!
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Elvis
1 year ago
Oh man, this is a tough one. I'd have to go with option D. Substitutes for running trainers? There's gotta be a lot of those in Asia!
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Talia
1 year ago
Yeah, I agree. It's important for the business to consider all factors before entering that market.
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Tish
1 year ago
I think you're right, there are probably a lot of substitutes for running trainers in Asia.
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Moon
1 year ago
Hmm, I'm not sure. I think option A might be the one that's off. Suppliers in Asia could have less bargaining power.
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Bernardo
1 year ago
User 3: Maybe new entrants are actually high in the Asian market, making option C incorrect.
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Vallie
1 year ago
User 2: I agree, it's possible that supplier power is not as high in that market.
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Zoila
1 year ago
User 1: I think option A might be incorrect. Suppliers in Asia might not have high power.
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Kayleigh
2 years ago
I agree with Chanel, because in a fast growing market, there are usually more opportunities for new entrants.
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Chanel
2 years ago
I disagree, I believe the correct answer is C) New entrants are likely to be low.
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Tiera
2 years ago
I think the answer is A) Supplier power is likely to be high.
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Gilma
2 years ago
I think option C is the most likely to be incorrect. New entrants in a fast-growing Asian market would definitely be high.
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Jaleesa
1 year ago
A: So, it's safe to say that option C is not accurate when considering Porter's Five Forces.
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Fabiola
1 year ago
B: I agree, there would be a lot of competition from new players entering the market.
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Odette
1 year ago
A: I think option C is incorrect. New entrants are likely to be high in a fast-growing market.
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