Question 1

The measurement of all international economic transactions between the residents of a country and foreign residents is called:

Accepted Answer

A)  equilibrium 
B)  balance of payments 
C)  measuring flow of transaction 
D)  balance of accounting

Question 2

What support information-processing needs of a business's day-to-day operations, as well as low-level operations management functions?

Accepted Answer

A)  Operations Information System 
B)  Decision Making System 
C)  Functional Management System 
D)  None of the above

Question 3

What focuses on the roles of senior managers in guiding an organization to fulfill its missions and meet its goals?

Accepted Answer

A)  Senior management 
B)  Operational control 
C)  Executive leadership 
D)  Board of Control

Question 4

What refers to how easy it is to augment hardware and software and their use as the business grows?

Accepted Answer

A)  Compatibility 
B)  Connectivity 
C)  Scalability 
D)  Functionality

Question 5

Which of the following is NOT the type of turnover?

Accepted Answer

A)  Involuntary turnover 
B)  Functional turnover 
C)  Faulty turnover 
D)  Controllable turnover

Question 6

A system in which he employer provides notices of job openings and employees respond to apply is the job posting.

Accepted Answer

A) True 
 B)False

Question 7

A database or data warehouse that allows a decision maker to conduct the intelligence phase of decision making is called:

Accepted Answer

A)  Data Management Module 
B)  Data Modeling Module 
C)  Data Information Module 
D)  Data Processing Module

Question 8

Which of the following is NOT the source of short-term funds?

Accepted Answer

A)  Accruals 
B)  Letter of credit 
C)  Reverse repurchase agreement 
D)  Payable concentration

Question 9

A basic statistical tool that graphically shows the frequency or number of observations of a particular value or within a specified group is called:

Accepted Answer

A)  Histogram 
B)  Control chart 
C)  Power tool 
D)  Sway chart

Question 10

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

Accepted Answer

A)  Tactical strategy 
B)  International strategy 
C)  Transnational strategy 
D)  Global strategy

Question 11

The filing of the articles of incorporation is generally conclusive proof of proper incorporation in:

Accepted Answer

A)  Statutory approach 
B)  Common Law approach 
C)  Publicly-held approach 
D)  Parent-subsidiary approach

Question 12

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?

Accepted Answer

A)  Maturity stage 
B)  Entrepreneurial stage 
C)  Regeneration stage 
D)  multisite rationalization stage

Question 13

A system, which unites all of a company's major business functions, such as order processing, product design, purchasing, inventory, manufacturing, distribution, human resources, receipt of payments, and forecasting of future demand is called:

Accepted Answer

A)  Universal resource planning 
B)  Technological resource planning 
C)  Driven-work resource planning 
D)  Enterprise resource planning

Question 14

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

Accepted Answer

A)  Planning 
B)  Organizing 
C)  Leading 
D)  Controlling

Question 15

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

Accepted Answer

A)  Product cycle theory 
B)  Capital-intensive theory 
C)  Market segments 
D)  Product analysis

Question 16

A system that interacts with the external environment is called Open system.

Accepted Answer

A) True 
 B)False

Question 17

The number of employees reporting to a supervisor is called:

Accepted Answer

A)  Span of control 
B)  Line authority 
C)  Staff reporting 
D)  Whirlpool

Question 18

The formula to calculate Rate of return in investment (ROI) is:

Accepted Answer

A)  Rate of return in investment (ROI) = Profit margin * Investment turnover 
B)  Rate of return in investment (ROI) = Profit margin + Investment turnover 
C)  Rate of return in investment (ROI) = Profit margin - Investment turnover 
D)  Rate of return in investment (ROI) = Profit margin / Investment turnover

Question 19

Minimum number necessary to be present at a meeting in order to transact business is called:

Accepted Answer

A)  Quota 
B)  Quorum 
C)  Voting trust 
D)  Determination

Question 20

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

Accepted Answer

A)  Cash flows from operating activities 
B)  Cash flows from investing activities 
C)  Cash flows from financing activities 
D)  Cash flows from inventory activities

Exam 1: Certified Business Manager

The measurement of all international economic transactions between the residents of a country and foreign residents is called:

What support information-processing needs of a business's day-to-day operations, as well as low-level operations management functions?

What focuses on the roles of senior managers in guiding an organization to fulfill its missions and meet its goals?

What refers to how easy it is to augment hardware and software and their use as the business grows?

Which of the following is NOT the type of turnover?

A system in which he employer provides notices of job openings and employees respond to apply is the job posting.

A database or data warehouse that allows a decision maker to conduct the intelligence phase of decision making is called:

Which of the following is NOT the source of short-term funds?

A basic statistical tool that graphically shows the frequency or number of observations of a particular value or within a specified group is called:

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

The filing of the articles of incorporation is generally conclusive proof of proper incorporation in:

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?

A system, which unites all of a company's major business functions, such as order processing, product design, purchasing, inventory, manufacturing, distribution, human resources, receipt of payments, and forecasting of future demand is called:

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

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

A system that interacts with the external environment is called Open system.

The number of employees reporting to a supervisor is called:

The formula to calculate Rate of return in investment (ROI) is:

Minimum number necessary to be present at a meeting in order to transact business is called:

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