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CIMAPRA19-E03-1 Exam - Topic 2 Question 104 Discussion

Which THREE of the following are valid reasonsto follow a Corporate Social Responsibility strategy?
A) A good Corporate Social Responsibility policy can attract customers. and D) A good Corporate Social Responsibility policy can help an Organization recruit employees to meet a diverse skills requirement.
B) A good Corporate Social Responsibility policy is likely to attract a higher calibre of staff.
C) A good Corporate Social Responsibility policy is likely to reduce administration costs.
E) A good Corporate Social Responsibility policy will increase the company's market value.

CIMAPRA19-E03-1 Exam - Topic 2 Question 104 Discussion

Actual exam question for CIMA's CIMAPRA19-E03-1 exam
Question #: 104
Topic #: 2
[All CIMAPRA19-E03-1 Questions]

Which THREE of the following are valid reasonsto follow a Corporate Social Responsibility strategy?

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Suggested Answer: A, D

by Junita at Jan 10, 2025, 06:26 PM

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Aaron
9 months ago
Not convinced that CSR directly leads to higher calibre staff.
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Ines
10 months ago
Totally believe it boosts market value too!
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Essie
10 months ago
Wait, can it really reduce admin costs? Not so sure about that.
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Abel
10 months ago
I agree, it also helps in recruiting top talent.
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Marg
10 months ago
A good CSR policy definitely attracts customers!
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Chauncey
10 months ago
I’m pretty confident that a good CSR policy can help with attracting customers and staff, but I’m not sure about the link to administration costs.
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Venita
11 months ago
I practiced a question similar to this, and I feel like option D about recruiting for diverse skills makes sense, but I’m torn on E.
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Gerald
11 months ago
I think attracting a higher calibre of staff is a valid reason, but I can't recall if reducing administration costs is really a benefit of CSR.
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Afton
11 months ago
I remember discussing how a good CSR policy can definitely attract customers, but I'm not sure if it directly increases market value.
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Melita
11 months ago
I feel pretty good about this question. The options seem straightforward, and I'm familiar with the potential benefits of a strong CSR strategy. I'll carefully review each one and select the three that best fit the criteria.
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Wilbert
11 months ago
This is a tricky one. I'm not entirely sure what the differences are between some of these options. I'll need to rely on my understanding of CSR and try to eliminate the less relevant or invalid reasons to arrive at the three correct answers.
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Marvel
11 months ago
Okay, I've got this. The key things I'm looking for are the benefits of a CSR policy, like attracting customers and employees, reducing costs, and improving the company's reputation and value. I'm confident I can identify the three valid reasons from the options provided.
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Marla
11 months ago
Hmm, I'm a bit unsure about this one. There are a lot of options to choose from, and I want to make sure I get it right. I'll need to think through each one carefully before selecting my answers.
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Dominic
11 months ago
This looks like a straightforward question on the benefits of a good Corporate Social Responsibility (CSR) policy. I'll need to carefully read through the options and select the three that are valid reasons to follow a CSR strategy.
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Vallie
1 year ago
A, B, and D? Absolutely! But C and E? Come on, that's like saying a good CSR policy will make my coffee taste better and my hair shinier. I mean, really?
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Rodrigo
1 year ago
This is a tough one, but I think A, B, and D are the best answers. Who knows, maybe C and E are true too. Although, 'reducing admin costs' sounds about as likely as finding a unicorn in the office break room.
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Rozella
1 year ago
Finding a unicorn in the office break room does sound unlikely, but you never know the benefits of a good CSR policy until you try.
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Dorothy
1 year ago
Finding a unicorn in the office break room does sound unlikely, but you never know the potential benefits of a good Corporate Social Responsibility policy.
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Carolann
1 year ago
I think C and E could also be valid reasons, you never know how much impact CSR can have on reducing costs and increasing market value.
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Peggie
1 year ago
I think C and E could also be valid reasons, you never know how reducing admin costs or increasing market value could benefit the company.
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Rebecka
1 year ago
I agree, A, B, and D are definitely important reasons to follow a Corporate Social Responsibility strategy.
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Anna
1 year ago
I agree, A, B, and D are definitely important reasons to follow a Corporate Social Responsibility strategy.
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Tammara
1 year ago
I agree with A, B, and D. Those make perfect sense. C and E sound a bit far-fetched. Reducing admin costs and increasing market value? I'll believe it when I see it!
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Aileen
1 year ago
Yeah, I agree. Let's focus on the benefits we know will make a difference.
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Cherilyn
1 year ago
I'm not so sure about C and E though, reducing admin costs and increasing market value seem a bit unrealistic.
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Rodrigo
1 year ago
I agree, having a good CSR policy can definitely attract customers and help recruit diverse skills.
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Theodora
1 year ago
I think A, B, and D are the most important reasons to follow a Corporate Social Responsibility strategy.
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Rupert
1 year ago
Definitely A, B, and D. Attracting customers, staff, and diverse skills are all great reasons to have a good CSR policy. C and E are a bit questionable, in my opinion.
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Ben
1 year ago
I think C and E could still be valid reasons, but A, B, and D are definitely the most important.
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Aleisha
1 year ago
I agree, A, B, and D are definitely important reasons to have a good CSR policy.
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Jacinta
1 year ago
A, B, and D are valid reasons to follow a Corporate Social Responsibility strategy. I'm not sure about C and E though. Reducing administration costs seems like a stretch, and increasing market value is a bit too ambitious.
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Wava
1 year ago
True, the main focus should be on attracting customers and recruiting diverse skilled employees.
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Eliseo
1 year ago
I think reducing administration costs and increasing market value might be additional benefits, but not the main reasons for CSR.
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Elza
1 year ago
I agree, having a good CSR policy can attract both customers and talented staff.
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Jeanice
1 year ago
A, B, and D are definitely important reasons to follow a Corporate Social Responsibility strategy.
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Micaela
1 year ago
I believe D is also a valid reason. Recruiting diverse skills is important for a company's success.
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Nell
1 year ago
I agree with Audrie. A good CSR policy can attract customers and top talent, and increase market value.
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Audrie
1 year ago
I think A, B, and E are valid reasons.
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