Page 2 - CIMA MCS Workbook May 2019 - Day 1 Suggested Solutions

CIMA MAY 2019 – MANAGEMENT CASE STUDY

Who are the shareholders of …60% of Jord’s shares are owned by members of the Larsson
Jord? family. The remaining 40% are owned by several Corvola based
institutional shareholders (page 5)

How does Jord demonstrate … Jord focuses on minimising the environmental impact of each
its commitment to house‐build and on ensuring that each aspect of design and
sustainability? manufacture maximises the economy and efficiency of the house’s
functionality (page 6)

Which aspect of Jord’s Jord’s leading industry expertise in the combination of glass with
construction is different its timber‐frame construction. This technology maximises the
from other house designs house’s heat efficiency, reducing energy consumption.
and why? (page 6)

What aspects of Jord’s …a high degree of individuality. Each Jord house is unique, since it
product do its customers is possible to arrange the individual elements of the building’s
value? ‘skeleton’ in an almost indefinite number of ways.
Jord’s customers also value the speed and quality of its
construction process(page 6)

What aspect of Jord’s policy … a policy of maintaining the current production levels to continue
are institutional to position Jord houses as rare and exclusive products (page 6)
shareholders questioning?
What drives the popularity … the abundance of natural resources and land availability…a
of prefabricated timber population which welcomes the convenience and environmental
frame homes in Corvola? benefits of prefabricated homes… central and regional government
regulations, relating to the planning and building of houses, are far
less stringent in Corvola (page 7)

What did Jord design and … the successful design and construction of a luxury 30‐bedroom
build in 2016? hotel in one of Corvola’s top holiday resorts (page 7)

How many operating …six, all functioning as cost centres (page 8)
divisions does Jord have and
how do they function?

How many stages are there …three. Stage 1, Pre‐build; Stage 2, Main Build; Stage 3,
in the design and Foundations (page 9‐11)
manufacturing process?

For how long does Jord … Jord guarantees to honour the agreed purchase price for 12
guarantee to honour the months from the contract date(page 9)
original contract price
agreed with the customer?

52 KAPLAN PUBLISHING