Deal of The Day! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions
Mail Us support@pass4success.com
Location US
Mob_nav_barsMENU

Worldatwork Exam CECP Topic 1 Question 57 Discussion

Actual exam question for Worldatwork's CECP exam
Question #: 57
Topic #: 1
[All CECP Questions]

What is the most common term for the broad framework of principles and approaches that guide day-to-day decisions affecting the business, including how it positions itself in the market?

Show Suggested Answer Hide Answer
Suggested Answer: A

by Vilma at Apr 26, 2024, 03:41 PM

Limited Time Offer

25%

Off

Get Premium CECP Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

Submit Cancel
Leatha
3 months ago
The correct answer is clearly the mission statement. After all, that's the only one that includes the word 'mission', and we all know that's what businesses are all about these days.
upvoted 0 times
...
Justine
3 months ago
The competitive strategy? Now we're talking! That's the kind of thing that gets me fired up. I want to know how the business plans to dominate the market.
upvoted 0 times
Nikita
2 months ago
I think the mission statement is important too, it sets the overall direction for the company.
upvoted 0 times
...
Lisbeth
2 months ago
Definitely, it's all about how the business plans to stand out from the competition.
upvoted 0 times
...
Moira
2 months ago
I agree, the competitive strategy is crucial for success.
upvoted 0 times
...
Britt
2 months ago
D) The competitive strategy
upvoted 0 times
...
Carisa
2 months ago
C) The mission statement
upvoted 0 times
...
Beckie
2 months ago
B) The corporate objective
upvoted 0 times
...
Lilli
3 months ago
A) The business plan
upvoted 0 times
...
...
Arlean
3 months ago
The mission statement? That's great if you want to sound impressive, but it doesn't really tell me how the business operates on a day-to-day basis.
upvoted 0 times
King
2 months ago
The mission statement provides a sense of purpose and direction for the business.
upvoted 0 times
...
Lawrence
2 months ago
C) The mission statement
upvoted 0 times
...
Lorrine
2 months ago
The business plan outlines the specific steps and goals for the business.
upvoted 0 times
...
Shawnee
2 months ago
A) The business plan
upvoted 0 times
...
Delsie
2 months ago
The competitive strategy focuses on how the business competes in the market.
upvoted 0 times
...
Jani
2 months ago
D) The competitive strategy
upvoted 0 times
...
Edna
3 months ago
C) The mission statement
upvoted 0 times
...
Domitila
3 months ago
B) The corporate objective
upvoted 0 times
...
Alyce
3 months ago
A) The business plan
upvoted 0 times
...
...
Man
4 months ago
The corporate objective? Sounds like something straight out of a corporate brochure. I'm looking for something a little more down-to-earth.
upvoted 0 times
Mee
2 months ago
C) The mission statement
upvoted 0 times
...
Sherell
2 months ago
D) The competitive strategy
upvoted 0 times
...
Nada
2 months ago
C) The mission statement
upvoted 0 times
...
Desmond
3 months ago
B) The corporate objective
upvoted 0 times
...
Linn
3 months ago
A) The business plan
upvoted 0 times
...
...
Gilma
4 months ago
I believe it's D) The competitive strategy. It's about how the business positions itself in the market.
upvoted 0 times
...
Mi
4 months ago
I agree with Shenika. The mission statement guides the business decisions.
upvoted 0 times
...
Shenika
4 months ago
I think the answer is C) The mission statement.
upvoted 0 times
...
Tanesha
4 months ago
A business plan? Seriously? That's like trying to plan your life with a to-do list that's ten pages long. Let's get real here.
upvoted 0 times
Rashida
3 months ago
B: Yeah, I agree. It's all about the big picture goals.
upvoted 0 times
...
Josephine
3 months ago
A: I think the most common term is the mission statement.
upvoted 0 times
...
...

Save Cancel