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CBM - Certified Business Manager (APBM CBM) - Dump Information

Vendor : Financial
Exam Code : CBM
Exam Name : Certified Business Manager (APBM CBM)
Questions and Answers : 354 Q & A
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CBM Questions and Answers

Pass4sure CBM Dumps with Real Questions & Practice Test


Answer: A


QUESTION: 335

A formal research effort that evaluates the current state of HR management in an organization is called:


  1. HR Service

  2. HR Mandate

  3. HR Audit

  4. HR Examination


Answer: C


QUESTION: 336

The formula for Return on Investment is calculated as:


  1. Return on Investment = A / (B + C)

  2. Return on Investment = (A + C) / B

  3. Return on Investment = (A + B) / C

  4. Return on Investment = C / (A + B)


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


Answer: D


QUESTION: 337

In Maslow’s hierarchy of needs which of the following factor is NOT included?


  1. physiological needs

  2. self-actualization needs

  3. safety and security needs

  4. equipment and technology needs


Answer: D


QUESTION: 338

What is defined as the perceived fairness of what the person does compared with what the person receives?


  1. Actuality


  2. Equity

  3. Justice

  4. Evenhandedness


Answer: B


QUESTION: 339

Expectation theory focuses on:


  1. Effort performance expectations

  2. Performance reward linkage

  3. Value of rewards

  4. All of the above


Answer: D


QUESTION: 340

All of the above the underwritten expectations employees and employers have about the nature of their work relationships is known as:


  1. Fairness contract

  2. Psychological contract

  3. Loyalty contract

  4. None of the above


Answer: B


QUESTION: 341

Which of the following is NOT the type of turnover?


  1. Involuntary turnover

  2. Functional turnover

  3. Faulty turnover

  4. Controllable turnover


Answer: C


QUESTION: 342

Some employees have a ______________ program in which vacation time, holidays, and

sick leave for each employee are combined into its that account.


  1. non-faulty

  2. paid time-off

  3. value-added

  4. relief-sanction


Answer: B


QUESTION: 343

Organizing tasks, duties, and responsibilities into a productive unit of work is known as:


  1. Job design

  2. Job description

  3. Job plan

  4. Job model


Answer: A


QUESTION: 344

Increasing the depth of s job by adding the responsibility for planning, organizing,

controlling, and evaluating the job in called:


  1. Job rotation

  2. Job enlargement

  3. Job enrichment

  4. Job extension


Answer: C


QUESTION: 345

The extent of individual freedom and discretion in the work and its scheduling indicates:


  1. Autonomy

  2. Self-rule

  3. Feedback

  4. Sovereignty


Answer: A


QUESTION: 346

A larger work segment composed of several tasks that are performed by an individual is referred to as:


  1. Task

  2. Duty

  3. Responsibility

  4. Chore


Answer: B


QUESTION: 347

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

specifications?


  1. Draft job descriptions and specifications

  2. Review and compile data

  3. Review drafts with managers and employees

  4. Identify recommendations


Answer: B


QUESTION: 348

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

job are called:


  1. Marginal functions

  2. Essential job functions

  3. Frequency functions

  4. Supervisory functions


Answer: A


QUESTION: 349

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

are called:


  1. Proficiencies

  2. Competencies

  3. Expertise

  4. Capabilities


By which reason organizations use a competency approach?


  1. to communicate valued behaviors throughout the organization

  2. to raise the competency levels of the organization

  3. to emphasize the capabilities of people to enhance organizational competitive advantage

  4. All of the above


Answer: D


QUESTION: 351

are the external supply pool from which employers attract employees.


  1. Labor markets

  2. Recruiting markets

  3. Applicant markets

  4. Administrative markets


Answer: A


QUESTION: 352

A system in which he employer provides notices of job openings and employees respond

to apply is the job posting.


  1. True

  2. False


Answer: A


QUESTION: 353

A comparison of the number of applicants at one stage of the recruiting process to the

number at the next stage is called:


  1. Labor ratios

  2. Surrender ratios

  3. Yield ratios

  4. Revenue ratios


Characteristic that a person must have to do a job successfully is known as:


  1. Intelligence criterion

  2. Selection criterion

    image

  3. Job performance tactics

  4. Skills of service


Answer: B


Financial CBM Exam (Certified Business Manager (APBM CBM)) Detailed Information

Certified Business Manager (CBM) Certification Information
July 29, 2011
Business Manager
If you’re looking to improve your career in accounting, obtaining an accounting certificate is an excellent first step. Accounting certifications can expand your accounting knowledge and increase your proficiency in a specific area of the accounting field.
Introduction to Certified Business Manager Certification
Certified Business Manager (CBM) is a masters-level certification based on the MBA curriculum. The certification isn’t as comprehensive as an MBA program, but more general in nature and provides a basic understanding of business administrative topics. Also, the certification costs less than $2,000 to complete, while an MBA program can cost upwards to $30,000. This certification is an excellent introduction to business administration and can help you decide whether business administration is a long term career goal you might be interested in pursuing. The Certified Business Manager Exam, coupled with a rigorous continuing education program, is at the heart of CBM certification.
Key Steps to Certified Business Manager Certification
In order to be eligible to take the CBM exam, you must
Have an undergraduate degree (or its international equivalent)
Have at least four years of full-time work experience
Already hold the Certified Associate Business Manager (CABM) professional credential, a prerequisite to being granted CBM designation. CABM certification requires one four-hour exam that focuses on basic business management principles.
Preparing for the Certified Business Manager Exam
Prior to taking the exam, you take the following measures:
Earn continuing professional education credits by taking free sample quizzes: The APBM offers sample tests, consisting of 25 multiple choice questions, each worth five CPE credits for a total of 15 credits. You must receive a score of 70 percent or higher.
Become a member of APBM: Joining APBM gives you access to exclusive discounts on exam-related purchases, such as study guides or registration fees. As of 2011, members must pay an annual fee of $68.
Details of the Certified Business Manager Exam
The Certified Business Manager Exam is a three-part, nine-hour test based on ten learning modules that you study before taking the exam, all addressing central business management topics covered in the CBM’s Common Body of Knowledge for Business (CBKB) curriculum. These modules cover
General Management and Organization
Operations Management
Marketing Management
Quality and Process Management
Human Resources Management
Accounting
Finance
Information Technology
Corporate Control and Governance
International Business
APBM Certification Testing
The mission of The Association of Professionals in Business Management (APBM) is to make business management a profession—similar to law, medicine, engineering, and accounting—with CBM and CABM Certifications, Continuing Education, Code of Professional Ethics, and Professional Standards through Best Practices Research.
APBM’s vision is to establish a standardized process to deliver in a cost-effective and time-efficient manner a superior quality higher education in business management across the globe with the CBM and CABM Certifications.
APBM’s goal or objective is to ensure that a business manager who earns the CBM or CABM credential today will be knowledge-competent and ethical for throughout his/her career and that he/she will then extend these core knowledge competencies and ethical values to tomorrow when he/she becomes a business executive (e.g., CEO) or a corporate director. To this end, APBM represents a single and collective voice for the entire business management profession, which symbolizes self-regulation by the profession.
Certifications
Certified Business Manager
The four-part, 16-hour CBM Exam is a masters-level professional certification based on an MBA curriculum. The CBM Designation can be earned:
while you are pursuing your MBA
after completing your MBA degree
if you choose not to earn your MBA
In other words, the CBM Designation is equally useful to individuals with or without an MBA degree. The CBM provides a common base of knowledge required of all business managers in all functional areas employed in all industries worldwide.
The CBM Exam consists of four parts:
The Core Exam consisting of 150 multiple-choice questions
The Functional Exam consisting of 150 multiple-choice questions
The Integrated Exam consisting of 100 multiple-choice questions
The Capstone Exam consisting of a written analysis of a Harvard Business School case
Certified Associate Business Manager
The one-part, four-hour CABM Exam is a professional certification based on a pre-MBA curriculum. The CABM Designation provides a solid foundation for individuals seeking an MBA degree or the CBM certification. While validating the mastery of business management principles, the CABM is ideal for:
Individuals considering an MBA or CBM
Individuals starting their careers in a business specialty
Non-business majors who want to pursue careers in business
Scheduling
Appointments may be made up to one business day in advance.
The CBM is the Certified Business Manager credential. The CBM is to a business manager as the CPA is to an accountant, as the PE is to an engineer, and as the CFA is to an investment analyst.
The Certified Business Manager (CBM) program provides a generalized business education at the graduate level, covering essential subject matter useful to business practitioners. The CBM program is designed to complement existing specialty certifications (CPA, CIA, CQA, PE, PMP, SPHR, etc.), to validate a business professional’s practical business experience and knowledge, and to act as an efficient preparatory tool for a graduate business program.
The credential takes a comprehensive MBA curriculum and presents it in a certification format, teaching and measuring the skills and knowledge required to become a successful manager in the global business community.
At the core of the CBM certification is its exam and its continuing education – CBM Lifetime Learning. The CBM Exam covers ten essential areas/modules of business (i.e. Accounting, Finance, Information Technology, Marketing Management, Human Resource Management, International Business and Quality Management) and their cross-functional applications in three, three hour-long parts. Each part contains 150 multiple-choice questions.
The CBM Exam syllabus, the study materials, and the continuing education program are revised regularly to reflect the ever-changing face of this new era of global business economy.
While the benefits offered by the CBM are varied and applicable to anyone currently practicing in a business career, looking to enter a business field, or just wanting to self-test. The CBM is useful to anyone in a position where their specialized knowledge just isn’t enough, such as:
Professionals looking to make a career advancement
Specialists who want to understand other aspects of business besides their own
People entering undergraduate/graduate business school and want a head start on business fundamentals
Small business owners/entrepreneurs who are required to understand the "big picture"
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