Page 19 - CIMA MCS Workbook November 2018 - Day 1 Suggested Solutions
P. 19
SUGGESTED SOLUTIONS
These frameworks can be used in several ways:
To help management decide whether to enter a particular industry segment or market.
To influence whether to invest more in an industry e.g. it is important to know whether the
investment costs will be recouped.
To identify what competitive strategy is needed, establishing the factors driving profitability
in the industry. GRAPPLE will need to maintain its current profitability to maintain business
and investor confidence.
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