CIMA Exam CIMAPRA19-E02-1 Topic 4 Question 91 Discussion

Actual exam question for CIMA's CIMAPRA19-E02-1 exam

Question #: 91
Topic #: 4

[All CIMAPRA19-E02-1 Questions]

The concept of core competences is key to successful outsourcing strategy. Organisations should:

Afocus on core competences and outsource non-core competences to external firms that can add more value.

Bfocus on non-core competences in order to drive down the cost of non value adding activities.

Cfocus on core competences by outsourcing these functions to external firms that can add more value.

Dfocus on non-core competences by applying transaction cost theory to external firms.

Show Suggested Answer

Suggested Answer: A, B

by Dalene at Jul 04, 2024, 05:42 PM

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Kristel

2 months ago

Outsourcing, huh? I hear the best way to do that is to just throw your entire business out the window and let the janitor handle it. Guaranteed to save you a ton of money!

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Annette

1 days ago

C) focus on core competences by outsourcing these functions to external firms that can add more value.

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Kerrie

6 days ago

Outsourcing can actually be a strategic move to focus on what your company does best and increase efficiency.

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Merilyn

10 days ago

C) focus on core competences by outsourcing these functions to external firms that can add more value.

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Bettyann

16 days ago

A) focus on core competences and outsource non-core competences to external firms that can add more value.

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Leonida

1 months ago

A) focus on core competences and outsource non-core competences to external firms that can add more value.

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Huey

2 months ago

Option D, really? Trying to apply transaction cost theory to non-core competences? Sounds like a recipe for a bureaucratic nightmare. I'll pass on that one, thanks.

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Katina

15 days ago

I agree, focusing on core competences and outsourcing non-core functions seems like a better approach.

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Diego

18 days ago

Option D does seem like it could lead to complications.

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Kimberlie

24 days ago

C) focus on core competences by outsourcing these functions to external firms that can add more value.

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Izetta

1 months ago

A) focus on core competences and outsource non-core competences to external firms that can add more value.

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Marget

2 months ago

Option C is the clear winner here. Outsourcing your core functions to firms that can add more value? That's just smart business, plain and simple.

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Florinda

1 months ago

User 2: Absolutely, it's all about smart business decisions and maximizing value.

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Brianne

1 months ago

User 1: I agree, focusing on core competences and outsourcing to firms that can add more value is the way to go.

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Rosendo

1 months ago

Absolutely, outsourcing core competences to experts can really help drive innovation and growth.

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Yvonne

2 months ago

Option C is definitely the way to go. It's all about maximizing value and efficiency.

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Dominga

2 months ago

C) focus on core competences by outsourcing these functions to external firms that can add more value.

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Xochitl

2 months ago

A) focus on core competences and outsource non-core competences to external firms that can add more value.

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Miesha

2 months ago

Hmm, option B seems a bit backwards to me. Focusing on non-core competences? That's like trying to win a race by slowing down the other runners.

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Elmer

2 months ago

Wow, this question really gets to the heart of successful outsourcing strategy. I'd say option A is the way to go - focus on your core strengths and let the experts handle the non-essential stuff.

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