CBM Certified Business Manager Questions and Answers

A universal property of systems and which refers to their tendency to run down and die is called:

Completing unfinished business, collecting debts, and distributing assets to creditors and partners is called:

Software that works on computer network or via the Internet to link people across a room or around the globe is called:

Which of the following is NOT the step of resource requirements planning?

Basic characteristics that can be linked to enhanced performance by individuals or teams are called:

The risks stem from government policies and procedures that directly constrain the international management and performance of local business activities is known as:

The heart of __________________ is the security agreement, a standardized document on which the specific pledged assets are listed.

An option that gives the right to sell a stock at a specified price during some period in the future, this is called:

The activities required to physically moving materials into the company’s operations facility and to move finished products to customers is called:

What calls for matching asset and liability maturities?

What is the reason for setting advertising objectives?

A model of leadership that describes the relationship between leadership styles and specific organizational situations is known as:

Greenmail, which is like blackmail, occurs when:

What mans that all possible intermediaries at the particular level of the channel are used?

An organization that is committed to total quality must apply it at which level?

What is a measure of operating cash flow available for corporate purposes after providing sufficient fixed asset additions to maintain current productive capacity and dividends?

What is based on the presumption that it is determined by what a customer wants?

Database marketing offers companies for which of the following four abilities?

What requires customers to send their payments to a post office box located in the are near where they live rather than directly to the firm is called:

Which approach recognizes the interaction of technical and human needs in effective job design, combining the needs of people with the organization’s needs?

What are governmental grants to inventors assuring them of the exclusive legal right to produce and sell their inventions for a period of years?

Cash and other assets that are expected to be converted to cash or sold or used up usually within one year or less, through the normal operations of the business, are called:

In _____________ leadership, the leader consults with his or her subordinates about decisions.

Duties that are part of a job but are incidental or ancillary to the purpose and nature of a job are called:

Information system, that help seize opportunities are called:

Costs that are associated with efforts to ensure conformance to requirements, generally through measurement and analysis of data to detect non-conformances are called:

A firm sells the same product and uses the same promotional appeals in all markets, this leads to:

What are spreadsheets that graphically display relationships between ideas, activities, or other dimensions in such a way as to provide logical connecting points between each item?

A full copy of the entire database is stored at all the sites that need access to it is known as:

Synergy means that the whole is greater than the sum of its parts.

When one or more people hire another person to perform a service and then delegate decision-making authority to that agent, then they are said to be in:

The set of products a firm targets to one general market is known as:

A special type of data collection forms in which the results may be interpreted on the form directly without additional processing is called:

Which databases allow browsers to search items by key words or combinations of them and to do so, the site provides a local search engine that scours web pages stored in its database?

Target levels for each category of current assets and how current assets will be financed are the firm’s basic policies for:

Client/server architecture can follow which of the following basic model?

What is the excess of sales revenues over variable costs?

A system that helps manage an organization’s data and information in multiple business functions is known as:

Which element id needed for the establishment of a field warehouse?

Retailers purchase enough products during a manufacturer’s off-invoice allowance period to carry the retailers over until the manufacturer’s net regularly scheduled deal is called:

An inventory control system that schedules materials to arrive precisely when they are needed on a production line is called:

What typically defines business operations and may focus on values, markets and customers that distinguish the organization?

Liabilities that will not be due for a long time are known as:

Which strategy is made complex by momentary exchange factors as well as by firms often being required to countertrade, that is, to trade by barter or a similar system?

An information system that provides reports to stakeholders about the economic activities and condition of a business is called:

Pricing is a static element.

In the statement of cash flows, which of the following is NOT the activity of reporting cash flows?

The consumer arrives at a choice by considering all of the attributes of a product and mentally trading off the alternative’s perceived weakness on one or more attributes for its perceived strength on other attributes in:

Working capital management involves management of the current assets and the current liabilities of a firm.

What limits the economic data in the accounting system to data related directly to the activities of the business?

The term commonly used to describe the process by which a firm attempts to locate and purchase goods and services on a world-wide basis in known as:

The formula for Return on Investment is calculated as:

A = operations costs for a new or enhanced system for the time period

B = one-time cost of acquisition and implementation

C = value if gains from productivity improvements for the time period

Political risks can be broken down into which of the following risks?

Banks sometimes require borrowers to maintain an average demand deposit balance equal to from 10 percent to 20 percent of the amount borrowed, this is called:

The ratio of total outputs to the inputs from labor, capital, materials, and energy is called total factor productivity.

Which of the following is NOT the element of the Management Information System?

Who is a country organization with a distinctive competence, such as product development and increasingly, country organizations are the source of new products?

The heart of the organization’s production of its product or service is:

A defect is any mistake or error that is passed on to the customer is known as:

The Australian Business Awards are administered by the Australian Quality Awards Foundation with which level?

The ongoing plans that are used to provide guidance for tasks performed repeatedly within the organization are called:

The formula to calculate the Cash conversion cycle is:

Which of the following is NOT the step of decision-making process?

In which stage of multisite services life cycle, the skills that matter are local marketing and public relations and a charismatic founder who can personally motivate the few ersonnel at an initial site?

Creditors lend funds to the firm at rates that are based on:

A firm must avail itself of all dimensions of competition, which Michael Porter categorized into which of the following four components is NOT of “the diamond of national advantage”?

Which of the following is NOT the element of infrastructure?

What represents an opportunity for a company and its brands to directly target communications toward narrow, but highly desirable, audiences?

Which of the following is NO the step in developing job descriptions and job specifications?

Which of the following is NOT the category of Current Account?

An organization’s mission describes what the organization stands for and its reason for existence is called:

The amount added can be calculated in same manner as safety stock, using this procedure to cover possible high side demand for each option is called:

Which of the following s NOT the category of quality costs?

____________ are targets and tolerances determined by designers of products and services.

The recognition of the importance of operations to the firm’s success and the involvement of the operations managers in the organization’s strategic planning is known as:

What uses all of its resources against its competition in a very integrated fashion and all of its foreign subsidiaries and divisions are highly interdependent in both operations and strategy?

The ratios that are much higher than the market averages are generally associated with companies with fast-growing profits are called:

Design for manufacturability and assembly collaborate on achieving which of the following objectives of product design?

A ratio that measures the instant debt-paying ability of a company is called:

A method used to forecast the supply of people for certain positions is called:

Which of the following is NOT the stage of the product cycle?

Financial management decisions can be divided into the management of assets and liabilities in:

Expectation theory focuses on:

A huge collection of data that supports management decision making and maintains snapshots of business conditions at predetermined points in time is called:

What is obtained by spreading the costs of distribution over a large quantity of products or over a wide variety of products?

The overlapping product ranges described by Linder would today be termed as:

What is designed to allow for sufficient capacity and flexibility to enable production output to match the demand?

A long-term contract under which a borrower which a borrower agrees to make payments of interest and principal on specific dates to its holder is called:

The system which is designed to deny or at least delay the acquisition of strategically important goods by adversaries is called:

The expenses incurred when a customer stops buying a product or service from one business and starts buying it from another are called:

Software that is programmed to cause damage at a specified time to specific applications and data files is called:

__________________ represents the average time it takes to collect credit accounts.

What provides for global coordination and at the same time it allows local autonomy?

A unique capability that creates high value and differentiates the organization from its competition is known as:

What is the formula used for to calculate the Total Cost?

A line graph in which data are plotted over time is known as:

Which of the following is NOT the market that comprises the e-market landscape?

Deception for the purpose of gaining access, or deception of users to make them think they are logged on to a certain website while they actually are logged on to another, this phenomenon is called:

The degree to which organizational tasks are subdivided into separate jobs is known as:

The formation of a partnership requires which of the following?

Plans that define company responses to specific situations, such as emergencies, or unexpected conditions are called:

Organizations that would be managed on an impersonal, rational basis, this form of organization is called:

The use of influence to motivate employees to achieve organizational goals is called: