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CIMA Risk Management P3 Question # 58 Topic 6 Discussion

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CIMA Risk Management P3 Question # 58 Topic 6 Discussion

P3 Exam Topic 6 Question 58 Discussion:
Question #: 58
Topic #: 6

DFG is the largest bridge-building company in its home country, H. DFG works exclusively for the government of country H and the government awards DFG 80% of the contracts to build new bridges.

DFG's directors are considering using the big data approach to identify opportunities to increase sales revenues and profit.

Which of the following statements are true?
A.

Big data has the potential to identify ways in which DFG can reduce construction costs.

B.

DFG should supplement its existing databases in order to enhance the benefit from big data.

C.

The big data approach may help DFG to price contract bids more accurately.

D.

Big data has the potential to identify ways in which DFG can increase sales.

E.

It would be unethical for DFG to use big data in order to compete even more effectively with its rivals.

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Actual exam question for CIMA P3 exam by Onyx59557 at Aug 3, 2025, 12:00:00 AM

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