CIMA Exam CIMAPRA19-E03-1 Topic 8 Question 99 Discussion

Actual exam question for CIMA's CIMAPRA19-E03-1 exam

Question #: 99
Topic #: 8

[All CIMAPRA19-E03-1 Questions]

PQR is evaluating the use of scenario planning to improve its organisational foresight.

Which THREE of the following are advantages of scenario planning?

AScenario planning will improve external relations with investors.

BScenario planning will encourage creative thinking

CScenario planning will encourage communication via participation.

DScenario planning will focus PQR's management attention on the future

EScenario planning will reduce strategy formulation costs.

FScenario planning will eliminate unsystematic risk.

Show Suggested Answer

Suggested Answer: B, C, D

by Pearly at Sep 13, 2024, 01:02 PM

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Sheron

4 months ago

I'm going with B, C, and E. Scenario planning is a cost-effective way to encourage creative thinking and communication within the organization. Forget about the future, let's save some money!

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Sheridan

3 months ago

But don't you think focusing on the future is important for long-term success?

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Kathrine

3 months ago

Yes, it also promotes communication within the organization.

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Glen

4 months ago

I agree, scenario planning can definitely encourage creative thinking.

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Yong

5 months ago

I believe scenario planning will focus management attention on the future, which is crucial for PQR.

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Luis

5 months ago

A and F are just silly. Improving investor relations and eliminating unsystematic risk? That's not what scenario planning is all about. Give me B, C, and D any day.

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Tegan

3 months ago

D) Scenario planning will focus PQR's management attention on the future

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Gracia

3 months ago

C) Scenario planning will encourage communication via participation.

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Kaitlyn

4 months ago

B) Scenario planning will encourage creative thinking

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Mitsue

4 months ago

I agree, A and F are not the main advantages of scenario planning.

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Lisha

5 months ago

I agree with Pedro, it will also encourage creative thinking.

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Nobuko

5 months ago

Definitely B, C, and D. Scenario planning is all about encouraging creative thinking, communication, and focusing on the future. Who needs investors when you've got creativity, right?

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