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CIMA Exam CIMAPRA19-E02-1 Topic 1 Question 102 Discussion

Actual exam question for CIMA's CIMAPRA19-E02-1 exam
Question #: 102
Topic #: 1
[All CIMAPRA19-E02-1 Questions]

A business manufacturing running trainers is considering exporting to a fast growing Asian market. Using Porter's Five Forces, which of the following statements is most likely to be incorrect?

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Suggested Answer: A

Contribute your Thoughts:

Jacqueline
21 days ago
Option C is the way to go, no doubt. New entrants are going to be pouring in like water in a fast-growing market. It's like trying to hold back the tide with a teacup.
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Gail
22 days ago
This is a tough one, but I'm going to guess that option B is the incorrect statement. Competitive rivalry is probably going to be fierce in a fast-growing Asian market.
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Nu
25 days ago
Option A seems off to me. Supplier power is likely to be high in this scenario, with the business trying to expand into a new market.
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Katie
21 hours ago
I agree, competitive rivalry is usually high in fast-growing markets.
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Carline
12 days ago
I think A is correct. Supplier power is likely to be high when entering a new market.
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Denise
2 months ago
I'd go with option D. Substitutes in the running trainer market are probably going to be pretty low, especially in a fast-growing Asian market.
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Latrice
2 months ago
I disagree, I believe the correct answer is A) Supplier power is likely to be high.
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Lashaun
2 months ago
Hmm, I think option C is the most likely to be incorrect. New entrants in the Asian market are probably going to be pretty high, considering the growth potential.
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Leeann
1 months ago
D: True, substitutes could also be high with so many options available in the market.
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Felicitas
1 months ago
C: I think supplier power might actually be high too, so option A could be incorrect as well.
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Bonita
1 months ago
B: Yeah, competition is fierce in those markets, so I think option C is incorrect.
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Louis
1 months ago
A: I agree, new entrants are probably going to be high in a fast-growing market.
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Willetta
2 months ago
I think the answer is C) New entrants are likely to be low.
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