IIA Exam IIA-CIA-Part3-3P Topic 9 Question 22 Discussion

Actual exam question for IIA's IIA-CIA-Part3-3P exam

Question #: 22
Topic #: 9

[All IIA-CIA-Part3-3P Questions]

In which type of business environment are price cutting strategies and franchising strategies most appropriate?

AEmbryonic, focused.

BFragmented, decline.

CMature, fragmented.

DCompetitive, embryonic.

Show Suggested Answer

Suggested Answer: A

by Nan at Mar 02, 2023, 02:51 AM

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Louvenia

2 months ago

Wait, so you're telling me there's a market out there where the goal is to undercut your competitors and sell your business model to the highest bidder? Sign me up, I've been training for this my whole life!

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Lizette

2 months ago

I'm going with B. Fragmented, declining markets are where you'll find businesses really slashing prices and franchising like crazy to stay afloat. Survival of the most ruthless, I say.

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Merilyn

27 days ago

Price cutting might be necessary to attract customers in a declining market.

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Augustine

1 months ago

Franchising can help businesses expand quickly in those markets.

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Junita

2 months ago

I agree, fragmented markets can be tough to compete in.

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Tuyet

3 months ago

D sounds right to me. Competitive, embryonic markets are the perfect playground for price wars and franchise expansion. May the best (or cheapest) business win!

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Merri

1 months ago

Definitely, businesses in competitive, embryonic markets need to be aggressive with their pricing and expansion strategies to survive.

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Oliva

1 months ago

It's true, those strategies can be very effective in gaining market share and attracting customers.

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Zita

2 months ago

I agree, in competitive, embryonic markets, price cutting and franchising can really help a business stand out.

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Hoa

3 months ago

Hmm, I'm not sure. Fragmented markets in decline seem like they would also be a good fit for these strategies. Gotta love those cutthroat business tactics!

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Casie

3 months ago

I think option C is the correct answer. Mature, fragmented markets often see price cutting and franchising as effective strategies to gain market share.

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Jade

27 days ago

True, it really depends on the specific business environment and its stage of development.

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Roy

28 days ago

I think option A could also be a good choice, in embryonic, focused markets.

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Laurel

1 months ago

Price cutting and franchising can definitely work well in mature, fragmented markets.

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Aretha

1 months ago

I agree, option C seems like the best choice.

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Yuette

1 months ago

Interesting perspective. I still believe option C is the most suitable. Mature, fragmented markets provide the right conditions for these strategies to thrive.

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Doyle

2 months ago

I see your point, but I still think option A is the best choice. In embryonic, focused markets, price cutting and franchising can really make a difference.

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Claribel

2 months ago

I think option D could also work. In competitive, embryonic markets, these strategies could help a business stand out.

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Elenore

3 months ago

I agree, option C makes sense. Mature markets can benefit from price cutting and franchising.

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Ammie

3 months ago

I disagree. I believe franchising strategies are more appropriate in a mature, fragmented environment to expand the business.

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Nada

4 months ago

I agree with France. In a competitive environment, it's important to attract customers with lower prices.

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France

4 months ago

I think price cutting strategies would work best in a competitive, embryonic environment.

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