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CIMAPRA19-E03-1 Exam - Topic 3 Question 112 Discussion

Company GG is consideringitsfuture strategy on delivering a long-term competitive advantage. The Finance Director has recommended that the Board includes in the strategy a separate section on sustainability.Which of the following is NOT a correct sustainability statement?
C) When establishing sustainability only financial key performance indicators should beconsidered.
A) The creation of wealth should be integrated with long-term sustainable development.
B) An advantage of sustainable development is the reduction of costs though efficiency.
D) Resources are used at a rate that allows them to be replaced.

CIMAPRA19-E03-1 Exam - Topic 3 Question 112 Discussion

Actual exam question for CIMA's CIMAPRA19-E03-1 exam
Question #: 112
Topic #: 3
[All CIMAPRA19-E03-1 Questions]

Company GG is consideringitsfuture strategy on delivering a long-term competitive advantage. The Finance Director has recommended that the Board includes in the strategy a separate section on sustainability.

Which of the following is NOT a correct sustainability statement?

Show Suggested Answer Hide Answer
Suggested Answer: C

Contribute your Thoughts:

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Alishia
7 months ago
Reducing costs through efficiency is a major plus for sustainable practices!
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Ashanti
7 months ago
Isn't it obvious that wealth creation and sustainability go hand in hand?
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Cherry
7 months ago
Wait, are people really suggesting we ignore environmental factors?
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Tiera
8 months ago
Sustainability should definitely include more than just financials!
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Allene
8 months ago
I agree, focusing only on financial KPIs is a huge mistake.
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Krissy
8 months ago
I thought we learned that sustainability involves social and environmental factors too, not just financial ones. So, option C seems wrong to me.
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Magnolia
8 months ago
This question reminds me of a practice case we did where we talked about integrating sustainability into business strategy. I think option C contradicts that idea.
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Genevive
8 months ago
I'm not entirely sure, but I feel like all the other statements align with sustainability principles. Maybe option C is the odd one out?
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Annabelle
9 months ago
I remember discussing how sustainability should encompass more than just financial metrics, so I think option C might be the one that's incorrect.
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Roxane
9 months ago
This is a tricky one. I'm going to re-read the options carefully and try to spot the key differences before making my choice.
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Paola
9 months ago
I've got a good feeling about this one. I remember discussing the importance of integrating financial and non-financial factors when considering sustainability, so I think I know which option is the odd one out.
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Lorita
9 months ago
Okay, let me think this through step-by-step. The question is asking which statement is NOT a correct sustainability statement, so I need to identify the one that doesn't align with the principles of sustainable development.
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Cassie
9 months ago
Hmm, I'm a bit unsure about this one. The options seem similar, and I want to make sure I understand the differences between them before selecting an answer.
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Yolande
9 months ago
This question seems pretty straightforward. I think I can identify the correct sustainability statement based on the key concepts we've covered in class.
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Goldie
11 months ago
Ah, the age-old debate: sustainability vs. profitability. I think we all know which one the board is really interested in. *sigh* Guess I'll go with C and call it a day.
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An
11 months ago
Hold up, are we sure option B is correct? Reducing costs through efficiency? That's just good business, not necessarily sustainable. Gotta think bigger picture here, folks.
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Franklyn
11 months ago
I'm gonna go with C on this one. Who needs to worry about the environment when you've got those sweet, sweet profits? Am I right, or am I right? *wink wink*
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Winfred
12 months ago
D sounds like the most sustainable approach to me. Using resources at a rate they can be replaced is key for long-term success.
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Tony
10 months ago
User 3: I think option C is not a correct sustainability statement. We should consider more than just financial indicators when it comes to sustainability.
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Chauncey
11 months ago
User 2: Definitely, it's important to consider the long-term impact of our actions on the environment.
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Luis
12 months ago
User 1: I agree, using resources at a rate that allows them to be replaced is crucial for sustainability.
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Raina
12 months ago
I think financial key performance indicators are important, but not the only ones to consider.
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Layla
12 months ago
Hmm, C seems a bit off. Sustainability is about more than just the financials, right? You've gotta consider the environmental and social aspects too.
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Jonelle
11 months ago
B) An advantage of sustainable development is the reduction of costs though efficiency.
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Jerlene
12 months ago
A) The creation of wealth should be integrated with long-term sustainable development.
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Mattie
1 year ago
I believe option C is not a correct sustainability statement.
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Adelina
1 year ago
I agree, it shows the company is thinking long-term.
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Emiko
1 year ago
I think including sustainability in the strategy is a good idea.
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