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HRCI Exam GPHR Topic 3 Question 75 Discussion

Actual exam question for HRCI's GPHR exam
Question #: 75
Topic #: 3
[All GPHR Questions]

Which of the following does NOT represent a strategic financial goal for a global company?

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Suggested Answer: B

by Noel at Sep 11, 2024, 11:11 PM

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Timothy
2 months ago
Wait, so a global company's financial strategy doesn't involve bribing government officials and avoiding taxes? Talk about out of touch.
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Evette
2 months ago
Hold up, are you telling me that 'new market penetration' isn't a strategic financial goal? Who wrote this exam, the CEO of Acme Corporation?
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Mabel
17 days ago
Exactly, it can help diversify the company's sources of income.
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Mariko
19 days ago
Yeah, it's important to expand into new markets to increase revenue.
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Aliza
20 days ago
New market penetration can actually be a strategic financial goal for a global company.
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Jovita
22 days ago
D) Increase revenue
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Rene
23 days ago
C) New market penetration
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Phuong
29 days ago
B) Decrease cost of goods
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Dorothy
1 months ago
A) Effectively manage currency exchange fluctuations
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Shawnta
2 months ago
Increasing revenue? Duh, that's a no-brainer. What global company doesn't want to make more money? The real strategic mastermind move is to find a way to do it without paying their employees a living wage.
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Izetta
2 months ago
User 3: Decreasing cost of goods can also have a big impact on profitability.
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Elizabeth
2 months ago
User 2: I agree, it's crucial to have a balanced approach to financial goals.
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Alaine
2 months ago
User 1: Increasing revenue is important, but so is managing currency exchange fluctuations.
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Loise
3 months ago
Nah, man. Decreasing the cost of goods is the way to go. That's the real key to boosting the bottom line. Who needs new markets when you can squeeze more profit out of the ones you've already got?
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An
2 months ago
Managing currency fluctuations is important for stability too.
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Stefania
2 months ago
But expanding into new markets can also bring in more revenue.
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Ashlee
2 months ago
I agree, cutting costs is crucial for profitability.
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Wava
3 months ago
But wouldn't decreasing cost of goods ultimately lead to increased revenue?
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Marjory
3 months ago
Option A seems like a pretty crucial financial goal for a global company. Managing currency fluctuations is no easy task, but it's essential for survival in today's global market.
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Ronna
2 months ago
D) Increase revenue
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Theola
2 months ago
C) New market penetration
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Karl
2 months ago
B) Decrease cost of goods
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Lorean
2 months ago
A) Effectively manage currency exchange fluctuations
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Carline
3 months ago
I disagree, I believe the answer is B) Decrease cost of goods.
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Wava
4 months ago
I think the answer is D) Increase revenue.
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