CIPS Exam L3M1 Topic 3 Question 25 Discussion

Actual exam question for CIPS's L3M1 exam

Question #: 25
Topic #: 3

[All L3M1 Questions]

Which of the following might be objectives of private sector organisations? Select all that apply.

ATo maximise taxation

BTo minimise profit

CShareholder value

DMarket share

Show Suggested Answer

Suggested Answer: C, D

To gain market share and to create shareholder value (increase the value of shares) are common aims of private sector organisations.

The other two answers are the antithesis of what firms usually want.

by Ona at Oct 21, 2024, 08:49 AM

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Lura

1 months ago

The funniest part of this question is that they even included 'minimize profit' as an option. I'm pretty sure the only way a business would do that is if they were trying to go out of business on purpose.

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Tennie

1 months ago

This is easy. C and D are the only correct answers here. Unless we're talking about some sort of bizarro world where businesses actually want to pay more taxes and make less money. In that case, sign me up!

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Sheridan

2 days ago

Maximising taxation and minimising profit doesn't make sense for businesses.

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Dorcas

16 days ago

I agree, C and D are the objectives of private sector organisations.

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Sunny

2 months ago

C and D, for sure. I mean, who doesn't want to make their shareholders happy and dominate the market? Maximizing taxation and minimizing profit? That sounds like a recipe for disaster.

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Corinne

1 months ago

Definitely, prioritizing shareholder value and market share can lead to long-term success for private sector organisations.

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Deeann

1 months ago

Maximizing taxation and minimizing profit wouldn't make much sense in terms of business objectives.

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Jaime

1 months ago

I agree, focusing on shareholder value and market share is key for private sector organisations.

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Yen

2 months ago

I think C is correct because private sector organisations aim to create value for their shareholders. D is also important to increase their presence in the market.

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Bernardo

2 months ago

C and D

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Marion

2 months ago

Haha, minimizing profit? Yeah, right. I'm pretty sure the only objective for private sector organizations is to make as much money as humanly possible. Anything else is just crazy talk.

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Ilda

1 months ago

User 4: Minimizing profit doesn't make sense. It's all about maximizing profits in the private sector.

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Socorro

1 months ago

User 3: I think maximizing taxation is definitely not a goal for private sector organizations.

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Jennie

1 months ago

User 2: Yeah, shareholder value and market share are key objectives for private sector organizations.

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Precious

2 months ago

User 1: Haha, I agree. Making money is definitely the main goal.

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Andrew

2 months ago

Shareholder value and market share? That's a no-brainer. I can't believe they'd even consider maximizing taxation or minimizing profit. What kind of business would do that?

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