CIMA P3 Exam With Confidence Using Practice Dumps

Exam Code:

Exam Name:

Risk Management

Certification:

CIMA Strategic

Vendor:

CIMA

Questions:

339

Last Updated:

Mar 14, 2026

Exam Status:

Stable

P3: CIMA Strategic Exam 2025 Study Guide Pdf and Test Engine

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Risk Management Questions and Answers

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Question 1

SC is a professional football club which is currently listed on a recognised stock exchange. There is a proposal that it builds a new stadium at a location a considerable distance from its current stadium.

There is strong support within the club for the move as the current ground is now over 40 years old and has not been extensively modernised in that time.

However, there is a lot of opposition to the move in the area where it is proposed to locate the new stadium. Objectors claim that the new stadium will increase traffic and pollution in the area and will adversely affect the value of their properties.

Which of the following statements about the responsibility of the board of SC is correct?

Options:

SC is now a listed company and so the board should prioritise the interests of shareholders to the exclusion of other stakeholders.

A football club needs to be part of the community in which it exists and so the board should consider the other stakeholders.

The board should conclude that objectors to the new stadium have a legal course of action open to them and if they do not take legal action they should ignore them.

If the board of directors is seen as acknowledging its responsibility to stakeholders other than shareholders this will enhance the reputation of the club and it will be more likely that a compromise can be reached with objectors.

The board should share information about the new development with the local community only to the extent that it is legally obliged to do so.

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Question 2

L is a specialist deep sea diving company The company specialises in challenging tasks that are often rejected by other companies as being too risky Most assignments are difficult and some are very dangerous L has very experienced divers who are highly trained and are safety conscious In spite of the dangerous work, L has an excellent success rate and is highly sought after L charges very high fees for its work Despite L's precautions, the likelihood of accidents is high and the consequences are also high L has an excellent insurance which has always been very expensive but the price has just been increased by 40%

Which of the following is correct?

Options:

L should cease trading

L should pay the very high insurance premiums demanded by its insurance company

L should diversify into low risk diving contract s.

L should stop accepting these risky contracts.

Question 3

G plc has decided to move its production plant to overseas Country A. This would make the product cheaper to produce. The technology used to make the product is very advanced and some of the staff would have to move to Country A.

The Production Director has identified that there are some political risks in moving to Country A.

Match the methods of reducing the political risks associated with the move to Country A with the corresponding risks.