Worldatwork Exam CECP Topic 1 Question 40 Discussion

Actual exam question for Worldatwork's CECP exam

Question #: 40
Topic #: 1

[All CECP Questions]

The ''Value Store'' retail company offers its customers low prices and ease of purchase by minimizing waste and striving for high efficiency. What strategy is the ''Value Store'' using?

AOperational excellence

BProduct/service leadership

CCustomer intimacy

DBrand loyalty

Show Suggested Answer

Suggested Answer: C

by Roslyn at Apr 23, 2023, 07:25 AM

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Lucy

1 months ago

Operational excellence for sure. They're not trying to be the best, just the cheapest. That's the name of the game at the 'Value Store'!

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Brandon

5 days ago

That's why they can offer such good deals

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Aron

14 days ago

I agree, they focus on efficiency and low prices

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Marcos

18 days ago

Operational excellence

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Dan

1 months ago

Product/service leadership? Nah, this is all about keeping costs down. Gotta be operational excellence all the way.

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Glory

2 days ago

Operational excellence is key for keeping those prices low.

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Leonora

5 days ago

Yeah, they're all about minimizing waste and being efficient.

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Stefania

9 days ago

I agree, operational excellence is definitely the strategy here.

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Erasmo

1 months ago

Ha! 'Value Store' - I bet they have a really catchy jingle too. Anyway, I think it's gotta be operational excellence. Can't beat those low prices without tight operations!

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