CIMA Risk Management P3 Question # 72 Topic 8 Discussion

CIMA Risk Management P3 Question # 72 Topic 8 Discussion

P3 Exam Topic 8 Question 72 Discussion:
Question #: 72
Topic #: 8

HWG is a large company which grows and processes coffee The coffee is sold to supermarkets, branded with their names for sale as "own brand" products HWG brands and packages the coffee using the supermarkets' own designs

HWG's directors are considering a strategic proposal to develop a range of coffees to be sold under a brand that HWG will develop

Which TWO of the following should the directors consider as part of their strategic analysis?


A.

The design of packaging for the new brand


B.

The reaction of the supermarkets who currently buy coffee from HWG


C.

The sales volume forecast for the new coffee


D.

The choice of name for the new brand


E.

Recruiting a marketing firm to advertise the new coffee


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