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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?

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Suggested Answer: C

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

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Lucy
3 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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Dorethea
2 months ago
It's all about cutting costs and passing on the savings to customers
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Brandon
2 months ago
That's why they can offer such good deals
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Aron
2 months ago
I agree, they focus on efficiency and low prices
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Marcos
2 months ago
Operational excellence
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Dan
3 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 months ago
Operational excellence is key for keeping those prices low.
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Leonora
2 months ago
Yeah, they're all about minimizing waste and being efficient.
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Stefania
2 months ago
I agree, operational excellence is definitely the strategy here.
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Erasmo
3 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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Melodie
2 months ago
I think you're right, operational excellence is definitely their strategy.
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Odette
2 months ago
Yeah, they must have really efficient processes to offer such good deals.
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Odette
2 months ago
I agree, operational excellence is key for keeping prices low.
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Nickie
3 months ago
I'm not sure, but I'm gonna go with customer intimacy. Ease of purchase and low prices sound like they're really focused on the customer experience.
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Lavonda
3 months ago
Operational excellence seems like the obvious choice here. Minimizing waste and striving for efficiency screams operational efficiency to me.
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Trina
2 months ago
C) Customer intimacy
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Jesusa
2 months ago
I agree, they are definitely focusing on operational excellence.
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Elin
3 months ago
A) Operational excellence
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Fabiola
4 months ago
I believe operational excellence is the key to their success in offering low prices.
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Tequila
4 months ago
I agree with Billi, they focus on efficiency and low prices.
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Billi
4 months ago
I think the Value Store is using operational excellence.
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