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APBM CBM Exam Syllabus Topics:

Section	Objectives
Topic 1: Capstone Case Study	- Harvard-style business case written analysis
Topic 2: Functional Business Areas	- Organizational Strategy - Business Analytics and Decision Making - Finance and Accounting Fundamentals
Topic 3: Core Business Management	- Human Resource Management - General Management Principles - Operations Management - Marketing Management - Quality and Process Management
Topic 4: Integrated Business Applications	- Cross-functional Case Analysis - Strategic Problem Solving

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APBM Certified Business Manager (CBM) Sample Questions (Q69-Q74):

NEW QUESTION # 69
Measuring expected revenue gains against expected costs associated with quality efforts is known as:

A. return on quality
B. quality index
C. effective quality gains
D. None of the above

Answer: A

NEW QUESTION # 70
An inventory control system that schedules materials to arrive precisely when they are needed on a production line is called:

A. Distribution inventory system
B. Disembark inventory system
C. None of the above
D. Just-in-time inventory system

Answer: D

NEW QUESTION # 71
Greenmail, which is like blackmail, occurs when:

A. All of the above
B. the target company's management becomes frightened that the acquirer will make a tender offer and gain control of the company
C. head off a possible takeover, management offer to pay greenmail, buying the stock owned by the potential raider at a price above the existing market price
D. potential acquirer buys a block of stock in a company

Answer: A

NEW QUESTION # 72
Strategy of pricing the new product at a relatively high level and then gradually reducing it over time is known as:

A. Market skimming
B. Consumer skimming
C. Product skimming
D. Floating Market concept

Answer: A

NEW QUESTION # 73
The ability of the organization to obtain from its environment scarce and valued resources, including financial resources, raw materials, human resources, knowledge and technology is called:

A. Convention
B. Bargaining position
C. Covenant approach
D. Agreement indicator

Answer: B

NEW QUESTION # 74
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