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CIMAPRA19-E03-1 Exam - Topic 5 Question 23 Discussion

Johnson. Scholes and Whittington define strategy as the direction and scope of an organisation over the long term'. Which THREE of the following are advantages of deliberate long-term planning1? 0
A) The organisation has a competitive advantage over others in its industry that do not use long-term planning. and D) The organisation's mission, objectives and targets are made explicit which will improve goal congruence. and E) Management will have to generate ideas using their experience and ability to innovate.
B) The organisation will comply with external reporting standards
C) Long-term planning will enable equal importance to be given to the different perspectives of the organisation's Balanced Scorecard.
F) By undertaking detailed analysis management can identify key risks.

CIMAPRA19-E03-1 Exam - Topic 5 Question 23 Discussion

Actual exam question for CIMA's CIMAPRA19-E03-1 exam
Question #: 23
Topic #: 5
[All CIMAPRA19-E03-1 Questions]

Johnson. Scholes and Whittington define strategy as the direction and scope of an organisation over the long term'. Which THREE of the following are advantages of deliberate long-term planning1? 0

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Suggested Answer: A, D, E

by Lucina at May 06, 2022, 10:32 PM

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Reena
9 months ago
Wait, are we sure long-term planning always works? Seems risky!
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Helga
9 months ago
C makes sense, balanced perspectives are crucial for success.
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Jade
9 months ago
Not so sure about B, compliance isn't really an advantage.
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Virgilio
9 months ago
I think D is spot on, clear goals really help align everyone.
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Zachary
9 months ago
A is definitely true, long-term planning gives a competitive edge.
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Hester
10 months ago
Okay, I've got this. The key is that the question says the module contains "multiple functions", so we need an export that can handle that. I'm pretty confident the answer is B. Named exports.
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Charlene
10 months ago
Okay, I've got this. The key is to identify the set of dimensions that meets all the requirements listed. I'll methodically go through each option and check if it covers everything.
upvoted 0 times
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