CIPS Exam L3M2 Topic 1 Question 15 Discussion

Actual exam question for CIPS's L3M2 exam

Question #: 15
Topic #: 1

[All L3M2 Questions]

Value can be added through XXXX reduction or by making a process more efficient or more effective'

AProfit

BValue

CCost

DCash

Show Suggested Answer

Suggested Answer: B

The statement is false.

CIPS actively campaigns against modern slavery anywhere in the world.

by Harrison at Jul 08, 2024, 07:16 PM

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Gregg

2 days ago

A) Profit? Nah, that's the result, not the method. C) Cost is the way to go here, I reckon.

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Shaquana

9 days ago

B) Value, of course! Increasing the value of the product or service is the whole point of improving processes.

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King

17 days ago

D) Cash, because more cash flow is the ultimate goal, right? Just kidding, I know it's C) Cost. Gotta love these trick questions!

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Karina

18 days ago

I think the answer is C) Cost. Reducing costs or making a process more efficient can add value to a business.

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Elmira

19 days ago

I agree with Victor, adding value can also come from making a process more efficient.

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Vernell

25 days ago

I think the answer is A) Profit because reducing costs can lead to higher profits.

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Victor

27 days ago

B) Value

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