CIMA Exam CIMAPRA19-E03-1 Topic 5 Question 101 Discussion

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

Question #: 101
Topic #: 5

BCD is an independenttraining provider in CountryP. It provides training to a wide range of corporate customers in business related subjects. All of its tutors mustpossess a nationally accredited training qualification before they are allowed to teach. Also, all of its courses follow nationally accredited programs and are externally monitored. This is considered to be a critical aspect of its business reputation.

BCD has one major competitor, JKL,withinCountryP.JKLofferssimilar courses to BCDbutits tutors do not have to have an accredited training qualification. In addition its courses do not follow the national accredited programs and the contentand style of courses varies significantly between JKL centres.

There are a number of universities which offer nationally accredited courseswithin Country P. BCD does notconsiderthese as competitors, as theytypically attract students wishing to undertake degree courses. The average university pass rate for nationally accredited programs iscurrently higher than BCD's

Which of the followingtypes of benchmarking would be mostusefulfor BCD?

AProcess

BInternal

CCompetitor

DStrategic

Show Suggested Answer

Suggested Answer: D

by Alyssa at Oct 20, 2024, 01:53 PM

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Coral

1 months ago

Competitor benchmarking is the way to go. BCD needs to figure out how JKL is getting away with not having accredited tutors. Maybe they're using some kind of magic or voodoo to bamboozle their customers. Either way, BCD better start taking notes!

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Noe

7 days ago

A: Agreed, we need to step up our game and make sure we maintain our reputation in the market.

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Denna

20 days ago

B: Yeah, it's important to figure out their secret sauce and see if we can implement any improvements in our own training programs.

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Alishia

1 months ago

A: We should definitely look into competitor benchmarking to see how JKL is getting away with not having accredited tutors.

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Chau

1 months ago

Competitor benchmarking is the obvious choice here. BCD needs to keep an eye on what the competition is doing, especially since JKL seems to be operating with a different set of rules. As they say, keep your friends close and your enemies closer!

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William

1 months ago

I'd say strategic benchmarking is the best option. BCD should be looking at the universities' accredited programs, not just their competitors. Understanding the industry standards and what customers really want would be more valuable than just copying JKL.

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Jesse

1 months ago

Competitor benchmarking is the way to go. BCD needs to understand how JKL is able to operate without the same accreditation requirements. There might be some clever loopholes they're exploiting that BCD could learn from.

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Carry

1 months ago

BCD definitely needs to do some competitor benchmarking here. Their main rival JKL seems to have a completely different approach to accreditation and course content. Comparing their practices could help BCD understand how to improve their own offerings.

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