APBM Certified Business Manager (CBM) - CBM Exam Practice Test
Question 1
The purchasing of supplies, services and raw materials for use in the production process, known as:
Correct Answer: D
Question 2
The risks stem from government policies and procedures that directly constrain the international management and performance of local business activities is known as:
Correct Answer: C
Question 3
An extension of the humanistic perspective in which the successful resolution of organizational; problems is thought to depend on managers' identification of key variations in the situation at hand is known as:
Correct Answer: D
Question 4
Which one is created to administer a unit of local civil government or one created by the United States to conduct business?
Correct Answer: C
Question 5
A unique capability that creates high value and differentiates the organization from its competition is known as:
Correct Answer: D
Question 6
A learning cycle has which of the following four stages?
Correct Answer: D
Question 7
Which systems attempt to make the most effective use of finished-goods inventories?
Correct Answer: B
Question 8
What assess effectiveness by observing the beginning of the process and evaluating whether the organization effectively obtains means necessary for high performance?
Correct Answer: A
Question 9
When finances all of the temporary assets with short-term, non-spontaneous debt and finances its fixed assets with long-term capital, this leads to:
Correct Answer: A
