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CIPS Exam L4M6 Topic 9 Question 36 Discussion

Actual exam question for CIPS's L4M6 exam
Question #: 36
Topic #: 9
[All L4M6 Questions]

Which of the following are examples of ways in which businesses can add value? Select THREE that apply.

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Suggested Answer: D

The correct answer is 'greater creativity'. A synergy is the concept that the value and performance of two companies combined will be greater than the sum of the separate individual parts. P.160


by Rima at Apr 13, 2024, 01:04 PM

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Willow
4 days ago
This looks like a straightforward question about ways businesses can add value. I'll start by identifying the three options that seem most clearly related to adding value, like delivering excellent service, product features and benefits, and offering convenience.
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Geraldine
5 days ago
The wording on some of these options is a bit confusing. I'll need to read them carefully.
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Aaron
16 days ago
Hmm, I'm a bit unsure about this one. The options seem similar, and I'm not entirely sure which one is the best approach. I'll have to read through them again carefully.
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Delpha
19 days ago
Okay, let me see here. Weekly, monthly, and quarterly seem like the obvious choices, but I want to make sure I'm not missing anything. I'll double-check the options to be certain.
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Felton
5 months ago
Investing in customers? That's like buying a Ferrari and then never taking it out of the garage. Gotta put that money to work!
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Emile
5 months ago
Reducing customer service levels? What is this, the 'How to Lose Customers and Alienate People' guide?
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Merilyn
3 months ago
Providing excellent customer service
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Cheryl
4 months ago
Offering competitive pricing
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Augustine
4 months ago
Improving product quality
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Margurite
5 months ago
A win-win price? Sounds like a magical unicorn. I'll believe it when I see it. B is questionable at best.
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Myra
3 months ago
F: Expanding into new markets
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Honey
3 months ago
E: Investing in employee training and development
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Gwenn
4 months ago
D: Increasing prices without justification
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Tenesha
4 months ago
C: Implementing cost-cutting measures
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Derrick
4 months ago
B: Providing high-quality products or services
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Gary
4 months ago
A: Offering personalized customer service
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Shantay
5 months ago
Investing in customers? That's a no-brainer. E is a must-pick in my book. Gotta spend money to make money, am I right?
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Telma
4 months ago
Absolutely, spending money to make money is key in business.
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Vincent
5 months ago
Yes, E is a great option for businesses looking to grow.
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Beula
5 months ago
Investing in customers is definitely a way to add value.
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Alease
5 months ago
Reducing customer service levels? Seriously? That's like the opposite of adding value. D is clearly the wrong answer here.
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Natalie
5 months ago
Investing in customers is also important for adding value to a business.
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Natalie
5 months ago
Definitely, businesses should focus on delivering excellent service to add value.
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Natalie
5 months ago
I agree, reducing customer service levels does not add value.
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Alex
5 months ago
A, C, and F are definitely the ways to add value. Delivering excellent service, highlighting product features, and offering convenience - that's the way to go!
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Amber
6 months ago
I also think offering convenience is important. So, I would choose A, C, and F as examples of ways businesses can add value.
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Louvenia
6 months ago
I agree with Phil. Delivering excellent service, product features, and investing in customers definitely add value.
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Phil
6 months ago
I think A, C, and E are ways businesses can add value.
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