Worldatwork Exam CECP Topic 1 Question 51 Discussion

Actual exam question for Worldatwork's CECP exam

Question #: 51
Topic #: 1

[All CECP Questions]

What is a ''profit model?''

AThe intention or purpose of the business

BA descriptor for how the company works

CThe financial objectives of the organization

DThe plan for how the organization generates revenue and makes money

Show Suggested Answer

Suggested Answer: C

by Devora at Jan 25, 2024, 06:25 PM

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Dorinda

9 days ago

Actually, it's both. The profit model is the plan for generating revenue and achieving financial objectives.

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Thersa

10 days ago

Hmm, I'm not sure if the profit model is the same as the financial objectives. I think it's more about the specific plan for generating revenue.

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Denise

11 days ago

I believe it's the financial objectives of the organization.

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Dorinda

12 days ago

I think a profit model is the plan for how the organization generates revenue and makes money.

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Juliann

12 days ago

Wow, this question is a no-brainer! The profit model is clearly how the organization makes money. That's like Business 101, right?

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Devorah

17 days ago

I think it's more about the financial objectives of the organization.

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Kaitlyn

18 days ago

I agree with Eleonora, it's definitely about how the company makes money.

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Eleonora

22 days ago

I think a profit model is the plan for how the organization generates revenue and makes money.

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