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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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Mary

3 months ago

I thought the profit model was that secret formula for making money that Willy Wonka used to run his chocolate factory. You know, the one he hid in a safe behind a painting of himself?

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Sherita

2 months ago

C) The financial objectives of the organization

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Laticia

2 months ago

D) The plan for how the organization generates revenue and makes money

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Corrina

2 months ago

A) The intention or purpose of the business

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Stephanie

3 months ago

Well, the profit model isn't just the purpose or how the company works. It's the nitty-gritty of their money-making scheme. The right answer has to be D!

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Shawnda

2 months ago

I agree, the profit model is really about the financial objectives and how the organization generates revenue. D is the most accurate option.

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Curt

2 months ago

Yeah, the profit model is definitely more than just the purpose of the business. It's about the plan for making money. D is the best choice.

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Alex

3 months ago

I think you're right, the profit model is all about how the organization generates revenue and makes money. So, D is the correct answer.

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Yesenia

3 months ago

I'm going with option D. The profit model is the blueprint for how the business rakes in the dough, you know?

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Dorinda

4 months ago

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

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Thersa

4 months 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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Henriette

3 months ago

D) The plan for how the organization generates revenue and makes money

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Marquetta

3 months ago

A) The intention or purpose of the business

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Tomas

3 months ago

D) The plan for how the organization generates revenue and makes money

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Van

3 months ago

A) The intention or purpose of the business

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Denise

4 months ago

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

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Dorinda

4 months ago

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

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Juliann

4 months 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

4 months ago

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

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Kaitlyn

4 months ago

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

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Eleonora

4 months ago

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

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