Worldatwork Exam CECP Topic 4 Question 64 Discussion

Actual exam question for Worldatwork's CECP exam

Question #: 64
Topic #: 4

[All CECP Questions]

Regarding market position, a business with a high market share but low growth potential is typically referred to as what?

AA Star

BA Question Mark

CA Market Leader

DA Cash Cow

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Suggested Answer: A

by Kimberely at Jul 18, 2024, 05:27 AM

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Jerry

4 months ago

This one's easy - a Cash Cow. It's like a business version of a golden goose, but without the mess.

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Leslee

2 months ago

It's definitely a key player in the market, even if it's not growing as fast as other businesses.

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Jess

2 months ago

I always thought of it as a golden goose too, just keeps laying those profits.

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Pansy

3 months ago

Yes, you're right! A Cash Cow is a business with high market share but low growth potential.

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Yong

4 months ago

As an accountant, I can tell you that a Cash Cow is the way to go. Sit back, relax, and let that sweet, sweet cash flow in.

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Albert

2 months ago

True, but they may require more investment to maintain their position.

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Ettie

3 months ago

But what about market leaders? They have high market share.

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Yan

3 months ago

I agree, they require minimal investment and generate high profits.

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Freeman

3 months ago

Cash cows are great for steady income.

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Rikki

4 months ago

A Cash Cow, definitely. It's like a business version of a trust fund baby - just raking in the dough with minimal effort.

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Marcos

4 months ago

Hmm, a high market share but low growth potential? Sounds like a lazy cat to me - a 'Cash Cow' for sure!

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Fidelia

3 months ago

Question Marks are interesting too, they have high growth potential but low market share.

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Elena

3 months ago

True, Market Leaders are in a good position to dominate the market.

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Erick

3 months ago

But don't forget about Market Leaders, they have a high market share and strong growth potential.

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Lyda

4 months ago

I agree, a Cash Cow is a business that generates a lot of revenue without much effort.

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Linette

4 months ago

I'm not sure, but I think it could also be C) A Market Leader. They still have a strong position in the market.

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Candida

4 months ago

I agree with Carissa. A Cash Cow makes sense for high market share but low growth potential.

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Carissa

4 months ago

I think it's D) A Cash Cow.

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