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CIMAPRO19-P02-1 Exam - Topic 7 Question 101 Discussion

A not-for-profit organization measures performance using the three Es. If the organization has made optimum utilization of available resources then it should be described as:
D) Enterprising
A) Efficient
B) Effective
C) Economic

CIMAPRO19-P02-1 Exam - Topic 7 Question 101 Discussion

Actual exam question for CIMA's CIMAPRO19-P02-1 exam
Question #: 101
Topic #: 7
[All CIMAPRO19-P02-1 Questions]

A not-for-profit organization measures performance using the three Es. If the organization has made optimum utilization of available resources then it should be described as:

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Suggested Answer: D

by Tamra at Sep 13, 2024, 10:02 PM

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Ligia
9 months ago
Really? I’m not so sure about that.
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Kris
10 months ago
Efficient means using resources well, so yeah, A is correct.
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Sabina
10 months ago
Wait, is economic not the answer?
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Latanya
10 months ago
I thought it was effective?
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Dannette
10 months ago
Definitely efficient! That's the right term.
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Talia
10 months ago
I definitely recall that "Efficient" is the term used when resources are used optimally, so I’m leaning towards that option.
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Rutha
11 months ago
I feel like "Effective" could also fit, but it seems more about achieving goals rather than just using resources efficiently.
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Flo
11 months ago
I remember practicing a question about the three Es, and I think "Economic" was about cost-effectiveness, not resource utilization.
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Genevieve
11 months ago
I think the answer might be "Efficient" since it relates to using resources well, but I'm not entirely sure.
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Tarra
11 months ago
I'm feeling a bit lost on this one. The 3 Es are tripping me up, and I'm not sure I fully understand the context of the question. I'll have to make an educated guess and move on.
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Dudley
11 months ago
Okay, let me break this down. Efficient means using resources in the best way possible, Effective means achieving the desired results, Economic means being cost-effective, and Enterprising means being innovative and ambitious. Based on the information given, I think the answer is A - Efficient.
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Ernest
11 months ago
This seems like a straightforward question about the 3 Es used to measure performance. I think the answer is A - Efficient, since it says the organization has made optimum utilization of available resources.
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Tuyet
11 months ago
Hmm, I'm a bit unsure about this one. I know the 3 Es are used to measure performance, but I can't quite remember what each one means. I'll have to think this through carefully.
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Ciara
1 year ago
Efficient, definitely. Although I do wonder how they define 'optimum' utilization. Is there such a thing as 'just right' utilization?
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Peggie
1 year ago
Yes, being efficient helps the organization achieve its goals without wasting resources.
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Sherell
1 year ago
Efficiency is key for making the most out of limited resources.
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Marg
1 year ago
I agree, efficiency is important for not-for-profit organizations.
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Lashawnda
1 year ago
I think 'efficient' is the best choice. It means they are using resources well.
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Carrol
1 year ago
Enterprising? Really? That's more about being innovative and taking risks, not just using resources efficiently.
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Marguerita
1 year ago
I was leaning towards Economic, but I guess that's more about the financial side of things. Efficient makes the most sense to me.
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Meaghan
1 year ago
Efficient is definitely the way to go when it comes to measuring performance.
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Huey
1 year ago
I agree, Efficient is about using resources wisely.
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Delisa
1 year ago
I think you're right, Efficient is the best choice here.
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Jennie
1 year ago
Hmm, I'm not so sure. Effective could also work if the organization is meeting its performance goals, even if it's not using the resources in the most efficient way.
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Dorthy
1 year ago
Efficient seems like the obvious choice here. Optimum utilization of resources is all about being efficient, right?
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Stanford
1 year ago
B) Effective
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Cassie
1 year ago
I agree, efficiency is key when it comes to utilizing resources.
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Shannan
1 year ago
A) Efficient
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Sophia
1 year ago
I see your point, Freeman. I also think the answer is B) Effective because it measures how well the organization is achieving its objectives.
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Freeman
1 year ago
I disagree, I believe the answer is B) Effective because it focuses on achieving the organization's goals.
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Ernest
1 year ago
I think the answer is A) Efficient.
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