CIMAPRA19-E03-1 Exam - Topic 2 Question 66 Discussion

Actual exam question for CIMA's CIMAPRA19-E03-1 exam

Question #: 66
Topic #: 2

Strategy is usually described as having three different levels: namely corporate strategy, business strategy and functional strategy. Which of the following are corporate strategies? Select ALL that apply.

AA company has decided to invest to increase its levels of service to its key customers.

BA company has decided to liquidate its assets and go out of business.

CA company has decided to diversify into a new industry

DA company has decided to implement pay equality for all its employees

EA company has decided to implement a price cut to increase its market share.

FA company has decided to implement a cloud based disaster-recovery strategy.

Show Suggested Answer

Suggested Answer: A, C

by Charlene at Mar 19, 2023, 02:45 PM

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Vi

5 months ago

A and C are spot on for corporate strategies!

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Emilio

5 months ago

I thought price cuts were more about business strategy, not corporate.

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Floyd

6 months ago

Wait, isn't pay equality more of a functional strategy?

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Aliza

6 months ago

Definitely agree, C and B are corporate strategies!

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Mica

6 months ago

Corporate strategies include diversification and liquidation.

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Aileen

6 months ago

I practiced a similar question where liquidation was considered a corporate strategy, so I think B might be right too.

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Isaac

6 months ago

I’m a bit confused about A and D. Increasing service levels seems more like a business strategy, right?

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Remedios

6 months ago

I remember discussing how diversification is a key part of corporate strategy, so I’m leaning towards C for sure. Not sure about the others though.

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Cory

6 months ago

I think corporate strategy is more about the overall direction of the company, so maybe options B and C are correct?

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Art

6 months ago

Okay, let's think this through step-by-step. The question is asking what will affect the failure propagation time, so I need to consider how each of the options could impact that.

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Luke

6 months ago

Okay, I'm pretty sure the answer is D. Ratio scale is the only one that has a true zero point.

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Tiffiny

6 months ago

I'm not super confident, but I think we practiced similar questions, and I vaguely recall the .crt format being relevant.

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