CIMA Exam CIMAPRA17-BA4-1 Topic 8 Question 91 Discussion

Actual exam question for CIMA's CIMAPRA17-BA4-1 exam

Question #: 91
Topic #: 8

You are the manager of the finance function of a large engineering company According to IFAC's drivers of sustainable corporate success, which of the following would be a method by which you could improve the value of your department to the company?

AProviding ethical leadership which focuses on minimizing environmental costs sustainably.

BProviding ethical and strategic leadership which focuses on sustainable value creation.

CProviding strategic leadership which sustains the maximization of short term value.

DProviding sustainable ethical and strategic leadership which focuses on operating profit.

Show Suggested Answer

Suggested Answer: B

by Pedro at Jul 03, 2024, 10:30 PM

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Davida

4 months ago

Ah, the age-old debate between short-term profits and long-term sustainability. I say we just flip a coin and call it a day!

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Chana

3 months ago

C) Providing strategic leadership which sustains the maximization of short term value.

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Darell

4 months ago

B) Providing ethical and strategic leadership which focuses on sustainable value creation.

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Cory

4 months ago

A) Providing ethical leadership which focuses on minimizing environmental costs sustainably.

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Mitsue

4 months ago

Hmm, I'm not sure. Wouldn't it be better to just focus on minimizing environmental costs sustainably? That seems like the most sustainable approach to me.

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Christiane

3 months ago

True, a combination of ethical and strategic leadership is important for sustainable value creation.

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Karima

3 months ago

Providing sustainable ethical and strategic leadership which focuses on operating profit could also be beneficial.

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Broderick

3 months ago

I agree, that would definitely improve the value of the finance department.

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Lavonda

4 months ago

I think providing ethical leadership which focuses on minimizing environmental costs sustainably would be the best approach.

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Bobbie

5 months ago

D sounds good to me. Sustainable ethical and strategic leadership with a focus on operating profit is the perfect recipe for success.

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Sueann

5 months ago

I agree with Ryann. Ethical and strategic leadership is crucial for driving sustainable corporate success.

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Isadora

4 months ago

Yes, ethical leadership is key for long-term success in a company.

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Apolonia

4 months ago

I agree, that would definitely improve the value of the finance department.

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Clorinda

4 months ago

I think the answer is B) Providing ethical and strategic leadership which focuses on sustainable value creation.

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Jill

4 months ago

C) Providing strategic leadership which sustains the maximization of short term value.

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Natalie

4 months ago

B) Providing ethical and strategic leadership which focuses on sustainable value creation.

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King

4 months ago

A) Providing ethical leadership which focuses on minimizing environmental costs sustainably.

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Tori

5 months ago

I believe B is the most comprehensive option, focusing on both ethics and sustainability.

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Ryann

5 months ago

B is the way to go. Sustainable value creation is the key to long-term success, not short-term profit maximization.

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Delfina

4 months ago

Definitely. It's all about long-term success and making a positive impact.

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Paulene

4 months ago

Providing ethical and strategic leadership is important for creating value sustainably.

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Elke

4 months ago

I agree. Short-term profit maximization is not sustainable in the long run.

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Cory

4 months ago

I think B is the best option. Sustainable value creation is crucial for long-term success.

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Andra

5 months ago

I'm not sure, I think D could also be a good choice.

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Bettina

5 months ago

I agree with Huey, B seems like the best option.

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Huey

5 months ago

I think the answer is B.

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