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APBM CBM - Certified Business Manager

Page: 6 / 11
Total 354 questions

The process of selecting, exploring, and modeling large amounts of data to discover previously unknown relationships id called:

A.

Data mining

B.

Data withdrawal

C.

Data removal

D.

Data insertion

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

A.

Source of motivation

B.

Legitimacy

C.

Rationale for decisions

D.

Standard of performance

What calls for matching asset and liability maturities?

A.

Short-term financing

B.

Self-liquidating approach

C.

Long-term financing

D.

Equity spontaneous approach

If subsidiaries are granted a high degree of autonomy, the system is called:

A.

Coordination

B.

Incorporation

C.

Centralization

D.

Decentralization

According to _______________, quality is innate excellence and can be recognized only through experience.

A.

Awe-inspiring view

B.

Transcendent view

C.

Magnificent view

D.

Uplifting view

What clearly separates the vital few from the trivial many and provides direction for selecting projects for improvement?

A.

Upgrading analysis

B.

Expansion decision

C.

Restitution analysis

D.

Pareto analysis

The formation of a partnership requires which of the following?

A.

Association two or more persons with legal capacity who agree to become partners

B.

Business for profit

C.

Co-ownership includes sharing of profits, losses and control of the business

D.

All of the above

A contingency approach to leadership that links leader’s behavioral style with the task readiness of subordinates is known as:

A.

Contingency theory

B.

Situational theory

C.

Assignment theory

D.

None of the above

What is the owner’s equity created by the business operations?

A.

Log-on earnings

B.

Sale earnings

C.

Retained earnings

D.

Transactional earnings

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

A.

standardize product / standardize message

B.

standardize product / customize message

C.

customized product / standardize message

D.

customized product / customized message