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CIPS A6 Exam - Topic 1 Question 43 Discussion

Posted by Josphine on Dec 23, 2023 at 01:35 AM

Which of the following most closely reflects the 'traditional' view of a commercial organization's sole aim?

Suggested Answer: D

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16 comments · newest first
JE
Jettie 11 months ago
I’m surprised this is even a question, isn’t it obvious?
CR
Cristen 12 months ago
Wait, are we really saying profit is the only aim?
CE
Celeste 12 months ago
Growth is important too, but profit is key.
MA
Malcom 1 year ago
I think A makes more sense in today's market.
GE
Geoffrey 1 year ago
Definitely B, profit is the main goal!
FR
Francoise 1 year ago
I’m a bit confused; I thought maximizing market share was important, but I guess profit is more traditional?
AR
Arthur 1 year ago
I feel like maximizing growth could also be a contender, but it seems less traditional compared to profit.
FA
Fausto 1 year ago
I remember practicing a question like this, and I think profit was emphasized as the main goal in most cases.
IZ
Izetta 1 year ago
I think the traditional view is about maximizing profit, but I'm not entirely sure if market share plays a role too.
NE
Nenita 1 year ago
I'm a bit confused on this one. The options all seem plausible as traditional business goals, but I'm not sure which one is considered the most 'traditional'. I'll have to review my notes and try to remember what we covered in class about the historical views of a company's purpose.
CA
Carolynn 1 year ago
Okay, let's see. The question is asking about the 'traditional' view, so I'm guessing that means the classic, textbook understanding of a company's purpose. In that case, I'd say option B, maximizing profit, is the most likely answer.
FR
Freeman 1 year ago
Hmm, I'm not totally sure about this one. I know the traditional view is focused on profit, but I'm wondering if maximizing market share or growth could also be considered traditional aims. I'll have to think this through carefully.
ME
Meghann 1 year ago
This seems like a pretty straightforward question. The traditional view of a commercial organization's sole aim is to maximize profit, so I'll go with option B.
LE
Leila 1 year ago
Hmm, I'm a bit unsure about this one. I know mutual funds and pension funds are investment intermediaries, but I'm not sure about finance companies. I'll have to think this through carefully.
AL
Alica 1 year ago
Deleting all past activities? That doesn't sound like a good idea to me. I'd focus on the Health Check and report organization for sure.
SA
Santos 1 year ago
This is a good one! I think the key here is to ensure complete network isolation between the frontend and backend. Creating separate VPC networks and connecting them with VPC peering or Cloud VPN seems like the most robust solution to me. I'm going to go with option C.
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