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CIMA Exam CIMAPRA19-E03-1 Topic 1 Question 96 Discussion

Actual exam question for CIMA's CIMAPRA19-E03-1 exam
Question #: 96
Topic #: 1
[All CIMAPRA19-E03-1 Questions]

ABC is an online bank which has just reported substantial trading losses. It has received advice from a leading business consultancy that it should implement the following two strategies:

1. Take advantage of its reputation and brand image by entering a new industry.

2. Update all its networks to fifth generation (5G) as soon as possible. Which TWO of the following strategies has ABC been advised to implement?

Show Suggested Answer Hide Answer
Suggested Answer: D, F

Contribute your Thoughts:

Micaela
3 months ago
I think ABC should consider both consumer strategy and corporate strategy to improve their position in the market.
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Ivory
3 months ago
I disagree, I believe ABC should focus on corporate strategy and sustainable strategy.
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Merilyn
3 months ago
This is a classic case of 'pay us and we'll tell you what you already know'. D and F are clearly the strategies ABC has been advised to implement.
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Alyce
2 months ago
It's all about leveraging their reputation and updating their networks.
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Jacquelyne
2 months ago
I agree, those seem like the most logical choices.
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Xenia
2 months ago
I think D and F are the strategies ABC should implement.
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Brynn
3 months ago
Haha, I bet the consultants charged a fortune for that 'groundbreaking' advice! But yeah, D) Corporate strategy and F) Functional or operational strategy are the right answers here.
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Cheryl
3 months ago
The options look a bit confusing, but I'd go with D) Corporate strategy and F) Functional or operational strategy. Entering a new industry and updating the network seem like high-level strategic decisions.
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Ardella
3 months ago
I think the answer is D) Corporate strategy and F) Functional or operational strategy. ABC is advised to implement a new corporate strategy by entering a new industry, and a functional/operational strategy by updating its networks to 5G.
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Brice
2 months ago
It's important for ABC to stay competitive in the market.
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Haley
2 months ago
And updating to 5G networks will improve their operational efficiency.
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Xochitl
2 months ago
That makes sense, ABC can leverage its reputation to enter a new industry.
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Arlyne
2 months ago
I think the answer is D) Corporate strategy and F) Functional or operational strategy.
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Benton
3 months ago
I think ABC should go with consumer strategy and functional strategy.
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