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CIMA Exam CIMAPRA19-E03-1 Topic 3 Question 98 Discussion

Actual exam question for CIMA's CIMAPRA19-E03-1 exam
Question #: 98
Topic #: 3
[All CIMAPRA19-E03-1 Questions]

MMM operates leisure parks in Country S. a mature economy in Europe. These are parks that are popular with people between the ages of 8 and 25 years who visit them to ride on the high speed roller-coasters and to visit other attractions at the parks. Nearly 60% of visitor expenditure is to buy meals and drinks at the park MMM estimates that 20% of its visitors travel to its parks from outside Country S.

Which THREE of the following environmental changes will have the greatest impact on MMM in the next five years?

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Suggested Answer: A, B, D

by Desirae at Sep 18, 2024, 09:17 AM

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Eloisa
3 months ago
Hey, at least the parks will be filled with young people. Gotta keep those roller coasters running or the kids might start to get, you know, bored. Yawn.
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Teri
2 months ago
E) The opening of a rival leisure park in Country S with more modern rides and attractions.
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Xochitl
3 months ago
B) The average age of the population in Country S is increasing because of a fall in the birth rate.
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Otis
3 months ago
A) The growing strength of the emerging economies in Africa, Asia and South America.
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Carlee
3 months ago
Hold up, what about A? The growing economies could mean more potential customers, no? Unless they all just want to build their own roller coasters...
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Ma
3 months ago
Hmm, I'm not sure. Maybe B, C, and D? The government restrictions on tourists could really hurt their international visitors.
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Ranee
2 months ago
I think D is a crucial factor to consider. Government restrictions on tourists could definitely affect MMM's international visitors.
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Denise
2 months ago
I agree, C could also have a big impact. If the minimum wage increases, visitors may spend less on meals and drinks at the park.
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Merilyn
2 months ago
I think B is a good choice. The aging population could impact MMM's target demographic.
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Whitley
4 months ago
I believe option C is also important. An increase in minimum wage can affect visitor spending at the park.
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Holley
4 months ago
I agree with Jin. A rival park with more modern rides can attract MMM's target audience.
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Marvel
4 months ago
Definitely B, C, and E. The demographic shift, higher labor costs, and competition from a modern park will be the biggest challenges for MMM.
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Dion
2 months ago
It's important for MMM to adapt to these changes in order to stay competitive in the market.
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Bernardo
2 months ago
Competition from a more modern park will force MMM to innovate and upgrade their attractions.
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Nicolette
3 months ago
Higher minimum wage will affect their operating costs for sure.
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Leontine
3 months ago
I agree, the aging population will definitely impact MMM's target market.
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Jin
4 months ago
I think option E will have the greatest impact on MMM.
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Lashon
4 months ago
I think the answer is B, C, and E. The aging population and higher minimum wage will increase costs, while the new rival park will impact their market share.
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Zachary
4 months ago
User2
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Aretha
4 months ago
User1
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