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CABM - Certified Associate Business Manager - Dump Information

Vendor : Financial
Exam Code : CABM
Exam Name : Certified Associate Business Manager
Questions and Answers : 354 Q & A
Updated On : November 17, 2017
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CABM Questions and Answers

CABM


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

  3. Job performance tactics

  4. Skills of service


Answer: B


Financial CABM Exam (Certified Associate Business Manager) Detailed Information

Certified Associate Business Manager
apbm (1)The Association of Professionals in Business Management (APBM) is a not-for-profit and a higher-education organization (APBM, NFP) sponsoring and offering professional credentials in the business management field. One of these credentials is Certified Associate Business Manager (CABM). The mission and vision for the APBM’s credentials is to bring professionalism to business management using a Common Body of Knowledge for Business.
The CABM is an educational, training, and developmental online course in business management based on a mini-MBA curriculum. The goal of the CABM is to master the principles of business management in ten major learning modules such as General Management, Leadership, and Strategy; Operations Management; Marketing Management; Quality and Process Management; Human Resources Management; Accounting; Finance; Information Technology; Corporate Control, Law, Ethics, and Governance; and International Business. The online course’s study materials published by Pearson Education include module-based eBooks, flashcards, weekly study guides, videos, checkpoints, quizzes, final exam, and daily lessons. An official certificate will be issued after completing all the requirements of the course and an annual recertification is required.
The Certified Associate Business Manager (CABM) course addresses the following primary CABM2objectives:
Learn the roles of general management, leadership, and strategy
Learn the basic principles of operations management
Understand the basic essentials of marketing management
Understand how to apply the tools and techniques of quality and process man
agement
Understand how human resources management works with employees
Learn the basic concepts and principles of accounting and finance
Learn how information technology works to reduce costs and increase revenues and profits
Understand the basic guidelines in corporate control, law, ethics, and governance
Learn the intricacies of doing business internationally
Study the module-based eBooks, flashcards, weekly study guides, videos, checkpoints, and quizzes to prepare for the final exam
The CABM credential certifies business acumen for junior (entry-level) employees, supervisors, or aspiring managers and provides a solid foundation for individuals seeking an MBA degree. A four-year college degree is preferred but not required for admission.
Certification: Certified Associate Business Manager
Certifying Body: Association of Professionals in Business Management
CABM Exam Concerns and Practice Tests
APBM (Certified Associate Business Manager) exam are vital because it distinguishes you from the ordinary job hunting or jobless characters. Every person strives to have APBM (Certified Associate Business Manager) employed in 1 way or the other regardless with all the form of employment or within the mode in which she or he is employed. A lot of people are likely to do CABM certification courses which mean that they’re going to need to sit for the several APBM (Certified Associate Business Manager) exam to obtain employed in trustworthy providers while other folks would like to accomplish odd and manual jobs. The odd jobs in the lengthy run spend significantly less and also are notable for their energy tasking. Better paying jobs inside the other hand are evident with the a variety of information and facts technology organizations. This may only come after you may have decided to enroll for the best APBM CABM (Certified Associate Business Manager) exam. This APBM CABM will enable fundamentally within the basic understanding in the courses presented and to offer you an overview of what might be expected of you when you have got registered for the CABM which will be no doubt be life changing .
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The excellent issue with that is that specialists supply the guidelines of ways to do the certification Certified Associate Business Manager exam as well as how they could be achieved very easily. The CABM are going to be vital for your sturdy on the CABM certification course. Experts also use it 1 their day to day operating activities. The CABM aids to downplay a variety of ups and downs inside the networking sector while the APBM CABM (Certified Associate Business Manager) shows you specific approaches of attaining higher ranking jobs as well because the greater paying ones. The APBM CABM (Certified Associate Business Manager) also states the ideas of infrastructure developments and project enhancements. The CABM will probably be necessary in facilitating the safety integration of companies at massive. Your reported advancement in life and typical of livelihood both in property as well as your company’s will probably be attributed to the APBM CABM while the Certified Associate Business Manager exam will increase in your scope of alertness. The CABM exam will limit unnecessary mistakes if not drive them out.

Financial CABM

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  • Making business administration a career: An Interview with Devi Vallabhaneni, APBM president and CEO IT experts trying to find a further edge within the job market may additionally want to accept as true with extra certification to demonstrate their enterprise management and management potential. Devi Vallabhaneni, APBM president and CEO, explains how the licensed affiliate enterprise manager (CABM) and authorized enterprise supervisor (CBM) programs can promote your expertise.

    learn extra concerning the CABM & CBM credentials and the book platform by the use of APBM's complimentary webinar on August 12, 2009 at 1pm ET. Meet Devi Vallabhaneni, CEO of APBM, who will talk about how company administration potential are vital to IT professionals in these days’s ambiance. Register for the free webinar these days.

    if you're enjoyable in fitting a member of APBM and would like to delivery pursuing your CABM or CBM designation, please discuss with www.apbm.org. a discount is attainable to InformIT read CABMers for a constrained time.

    this present day, quantifiable administration and management potential are mandatory extra desperately than ever. That skill the first standardized classes for certifying administration and management talents, from the association of authorities in business management (APBM), is both well timed and elementary. For job seekers, the certification helps candidates leapfrog to the front of an more and more long line of hopefuls. For hiring experts, the certifications erase doubt over ability considerations and speeds the usefulness of any new rent.

    InformIT sat down with Devi Vallabhaneni, president and chief govt officer of APBM, to get a stronger seem to be on the licensed affiliate company supervisor (CABM) and authorized business manager (CBM) certifications and how they play in an increasingly worrying workplace.

    InformIT: CABM and CBM certifications are the first standardized programs for certifying management talents. can you share probably the most background in the back of the certifications and once they began?

    Vallabhaneni: APBM is a non-earnings tutorial organization that became founded in 2000 with the mission of constructing business management a career. When in comparison to legislation, drugs, engineering, and nursing, business management changed into now not -- and still is not -- equipped as a occupation. So APBM got down to set up the components of any career: uniform talents requirements, standardized checks, a code of knowledgeable ethics, continuing education, and analysis/apply requirements.

    InformIT: who're the audiences for each certification?

    Vallabhaneni: The certified affiliate business supervisor (CABM) certification is for people in entry-stage purposeful positions who are looking to transition to administration. according to a pre-MBA curriculum, the CABM also prepares a person for the rigor of an MBA degree and/or the CBM Credential.

    The certified business supervisor (CBM) certification is for mid-stage and senior-level managers who should exhibit skillability in all functional areas of management with a purpose to strengthen of their careers. The CBM is a four-part, 16-hour exam it really is in keeping with an MBA-degree curriculum.

    InformIT: What do these certifications mean to a hiring manager? as an instance, if a candidate has a job in programming and holds PMP certification, what does CABM or CBM certification add to the dialog?

    Vallabhaneni: Hiring managers may still view the CABM and CBM credential as a goal remark that the particular person has a generalist’s figuring out of the commercial enterprise. as an example, a PMP with a CABM certification may well be reasonably expected to have the technique skills to manipulate a huge, complicated undertaking and the business acumen to keep in mind the have an impact on of the task on the commercial enterprise as complete.

    The CABM and CBM certifications supply the context during which one moves from being a silo or functional thinker to a commercial enterprise or strategic thinker.

    InformIT: What anecdotal experiences are you able to share from IT gurus who've earned the credentials?

    Vallabhaneni: We heard from a person who just earned his CABM. He works for a global application business and has different IT certifications. He mentioned that whereas the CABM is the toughest exam he took in his 18-yr profession, it outfitted him with the skills quintessential to manipulate a team of workers of nine direct studies. he's now making read CABMy to earn the PMP Credential and sees having both the CABM and PMP as essential to develop in his job.

    InformIT: What tips would you supply hiring managers on deciphering what these certifications imply to the company?

    Vallabhaneni: The CABM/CBM Credentials suggest that a company can believe in a person's cross-useful expertise necessities in enterprise administration. In other words, a outdated business specialist is now a enterprise generalist.

    businesses are all the time searching for methods to do greater with less. Having people who've cross-practical knowledge requisites is a technique to obtain improved productiveness.

    InformIT: Do you've got any suggestions to share with candidates in the hunt for certification?

    Vallabhaneni: in this financial system, credentials are much more critical. The balance of energy between enterprise and worker has shifted to the company. because of this, advantage advantage are what is going to offer you an part in retaining your job, getting a job, and entering into the enterprise college of your option. Certifications supply a 3rd-birthday celebration attestation to such competencies talents, so i encourage IT authorities to look at their career with a protracted-term view in mind.

    To borrow from John F. Kennedy, "or not it's no longer what your business enterprise can do for you, however what that you can do on your organisation." folks that bear in mind this may have extra professional alternatives introduced to them.

    InformIT: Please clarify the certification manner. What does one need to do in an effort to become licensed?

    Vallabhaneni: everyone is eligible to earn the CABM credential. We at APBM agree with that a pre-MBA curriculum should be obtainable to all and sundry.

    The CBM has right here eligibility requirements:

  • an undergraduate diploma
  • the CABM credential
  • no less than four years of full-time work adventure
  • The CABM Credential is waived if the candidate has an MBA degree or eight years of full-time work experience.

    After assembly eligibility necessities and finishing the exam software, candidates need to analyze the CABM or CBM on-line discovering equipment. once they think prepared, we aid them get licensed to take the CABM/CBM exam at Pearson VUE testing centers worldwide.

    InformIT: Are there selected tools that help candidates achieve certification? tell me, for instance, concerning the booklet.

    Vallabhaneni: The Pearson ebook platform allows for individuals to bookmark, highlight, annotate, and search all content material. The CABM/CBM online gaining knowledge of techniques include tons of of audio podcasts, movies, and animations. To aid candidates benefit from restricted examine time -- and to verify their read CABMiness -- we supply huge self-assessment tools. These include flashcards, complete pre-assessments and submit-checks, and unlimited quizzes for every getting to know module.

    InformIT: Why did you accomplice with Pearson on this?

    Vallabhaneni: there's loads of fabric coated on the CABM/CBM exams. old types of the coaching substances constituted over four,000 pages of textual content and 5,000 follow questions. We needed to supply our examination candidates with instruction substances which are effortless to understand and digest. We also desired to deliver examination candidates with as many study CABMing tools as feasible so one can examine in a way that works for them.

    In other words, if a person is an auditory learner, then the podcasts should be of price. If somebody likes loads of reinforcement, then the flashcards and quizzes might be most crucial.

    We also obligatory a publisher who has a global scope, has an present library of business-linked content, has scalable expertise platforms, and has event with certification practise. There is just one writer that meets all of these necessities.

    gain knowledge of greater concerning the CABM & CBM credentials and the booklet platform by the use of APBM's complimentary webinar on August 12, 2009 at 1pm ET. Meet Devi Vallabhaneni, CEO of APBM, who will discuss how enterprise management abilities are critical to IT professionals in these days’s environment. Register for the free webinar nowadays.

    if you're unique in becoming a member of APBM and would like to birth pursuing your CABM or CBM designation, please visit www.apbm.org. a reduction is purchasable to InformIT read CABMers for a confined time.


    Interview with the CEO of the affiliation of authorities in company administration Interview with the CEO of the association of experts in business administration by Beat The GMAT team on March 24th, 2010 click on here to learn how to get began in the Beat The GMAT group. Posted in

    This week I had the pleasure of interviewing Devi Vallabhaneni, the President and CEO of the affiliation of authorities in enterprise management (APBM). The APBM is an organization that has a mission to make company management a career–in accordance with legislation, medication, engineering and accounting. Devi and i spoke about APBM’s work in constructing the licensed associate company supervisor Credential (CABM), in addition to her very own experiences attending Harvard business faculty.

    devoid of additional ado, right here’s my interview with Devi:

    who're you?

    I’m the daughter of Indian immigrants, and we moved to the U.S. when i was three. I realized English via staring at Sesame street. When i used to be eight, my dad started gaining knowledge of for the CPA, and when i was in junior excessive he begun writing guide books for other enterprise certifications. He didn’t comprehend the way to classification, so i might category into WordPerfect for DOS whereas he would dictate.  we might then evaluation and edit the manuscript that changed into printed out on a dot-matrix printer.

    over the years my father earned 24 knowledgeable certifications and authored over 60 books on these certifications, and that i helped him write, edit, publish, and promote every one. In his ebook Outliers, Malcolm Gladwell says it takes about 10,000 hours to turn into an expert in something , and so quite by accident, I discover myself an authority in standardized checks and enterprise certifications.

    For the final nine years, my dad and that i were setting up standardized exams and professional certifications that and certify individuals to develop into managers in all areas of business. Most recently, I’ve authored What’s Your MBA IQ? A manager’s career construction tool, published via John Wiley & Sons, 2009.

    what's the CABM?

    The certified affiliate company manager Credential is an expert certification, like the CPA or CFA, for entry to mid-level managers; the CABM is additionally for individuals getting read CABMy for an MBA that tests the following crucial business areas:

  • everyday management, leadership, and method
  • Operations administration
  • advertising management
  • great and procedure management
  • Human supplies administration
  • Accounting
  • Finance
  • assistance know-how
  • corporate handle, legislation, Ethics, and Governance
  • international business
  • It equips individuals with a mastery of the fundamentals and for this reason empowers them to excel and get probably the most price out of their MBA, be it at a small faculty or a right application. The CABM exam consists of 200 multiple-choice inquiries to be accomplished in a 4-hour session at Pearson VUE checking out centers international.

    Why should MBA aspirants be drawn to the CABM Credential?

    The GMAT is testing aptitude. In different words, it assessments your intellectual horsepower, but it surely’s now not checking out enterprise concepts without delay. The CABM provides the other half of the photo. It completes the view of the advantage you are going to use in your MBA program in order that business schools enhanced remember your skill profile. since it covers enterprise ideas, it shows dedication to a career in company, displays your capability to handle rigor, and even helps you chart your course greater effectively through exposing you to the whole latitude of business ideas and assisting you more suitable explore the avenues you might need to pursue submit-MBA . there's effective synergy between the GMAT, the CABM, and the MBA.

    Will having a CABM assist me in my MBA admissions?

    past what I spoke of above, currently, Harvard, booth, Kellogg, Wharton, and ISB formally admire the CABM as one more significant facts element in a candidate’s profile. extra schools will respect the credential in the coming months. if you earn the credential, we can send your transcript to any school or service provider you request. it's going to become part of your academic listing and aid bolster your profile.

    Why did you come to a decision to found the association of business gurus in management (APBM)?

    My dad realized that in all other professions, for example law and medicine, there's a knowledge standard. He desired to create one for business. The concept is to equip each person – whether they are in IT, Finance, advertising, or Operations – with a holistic view of company administration.  as a result of my experience at HBS, i spotted that MBA candidates may use this identical holistic expertise base to their expertise within the admissions method and within the MBA school room, notably those from a non-business history, corresponding to liberal arts, engineering, or IT.

    How did your HBS journey help you in the work you do these days?

    I had a CPA, labored internationally, and had 4 years of consulting adventure at a blue chip firm, so I did well in my accounting and finance courses. however I really struggled with operations and advertising because the ideas were all absolutely new to me. and i saw some of my classmates combat even more. We weren’t coming into our MBA application as generalists; we had all specialized in anything field we had chosen out of college.

    The lecture room turned into distinct and that made a fine educational journey, however I truly wished I had had the generalist overview coming in. it will have made my lifestyles more straightforward and given me more of a foothold to develop all through the software. I discovered myself focusing extra on teachers than I favourite, and as a result I felt like I neglected out on numerous recruiting and social alternatives. i assumed I may have gotten tons extra out of the program as an entire had I begun with a higher grasp of the fundamentals. i needed to support others be triumphant where I struggled.

    for that reason my experiences at HBS lead me to improve the APBM.

    As a successful HBS alum, what phrases of wisdom would you give to MBA candidates?

    Don’t follow the pack. take note your own wonderful strengths and weaknesses and put money into yourself within the techniques with a view to give you the greatest return, which may additionally no longer be the equal ways that work in your friends and colleagues.

    also, it does work out. you are facing a lot of fear and uncertainty, however you're going to get into a college you like, and you will thrive there. That looks distant because you are concentrated on admissions, but view this time as a chance to explore who you are. you're going to succeed in all you do if you're actual to yourself. The more that you could figure out your own genuine goals and ambitions in life now, the extra successful you might be in the admissions technique, in the application of your choice, and in your profession beyond.

    the place can Beat The GMAT contributors go to be trained greater about the CABM Credential and The APBM?

    www.apbm.org

    See you within the classroom!

    if you favored this text, let Beat The GMAT crew be aware of by clicking Like. related ARTICLES
    Take a look at various, Get a Job, or Your cash againNo outcomes found, try new key phrase!The Bloomberg evaluation verify is a free finance-focused examination that tests abilities in areas like investment banking and company accounting. The CABM Credential tests ten knowledge concerning business. It prices $1000. both the Bloomberg verify and the ...
    business administration Certifications and certificate programs

    Many postsecondary schools function certificate programs which are designed to give aspiring company authorities a glimpse of the capabilities crucial to build careers in business management. Most classes require a high faculty diploma or GED equivalent, youngsters some classes are mainly designed for people with a school degree who wish to exchange careers. in the latter case, the college might also offer an analogous enterprise essentials certificate designed for much less-skilled college students. Most schools require applicants to demonstrate a proficiency in English and have a robust historical past in math and composition.

    certificates classes often center of attention on small company management, faculty company management and green business administration. Coursework also is customarily obtainable in a undertaking management certificate application, which generally prepares company individuals to initiate, oversee and finished projects. lessons cowl the basics in enterprise and management concepts. lessons may also consist of:

  • economic accounting basics
  • Fundamentals in enterprise law
  • Human components for managers
  • desktop utility for management
  • concepts of enterprise advertising
  • elementary potential for supervisors
  • Employment Outlook and earnings advice

    reckoning on someone's educational background, completing a certificate application in company administration might open the doors to enterprise administration jobs corresponding to:

  • Restaurant manager
  • workplace supervisor
  • Human substances professional
  • advertising coordinator
  • Small business owner
  • management analyst or consultant
  • individuals who have work adventure and a certificate in business management might locate work as administrative capabilities managers. Employment of those gurus changed into anticipated to develop 8% between 2014 and 2024, according to the U.S. Bureau of Labor information (BLS), which became about standard. Administrative capabilities managers earned median salaries of $86,110 as of 2015, per the BLS.

    continuing schooling and Certification counsel

    expert companies frequently present both alternatives to increase talents through continuing schooling, and a chance to prove knowledge and competencies via certification. The affiliation of professionals in business administration has two certification courses for individuals who need to sharpen their potential as managers (www.apbm.org).

    The licensed associate enterprise manager (CABM) credential is a software for these starting their careers in enterprise finance, advertising and marketing or human substances. Certification is awarded to applicants who flow a four-hour examination. The affiliation also gives training materials imperative to support individuals put together for the look at various.

    The grasp's degree-degree licensed company supervisor credential is for individuals with greater schooling and journey, and requires individuals flow a 4-half, 16-hour exam. As with the CABM, the affiliation gives working towards materials, if obligatory.

    The Institute of management Consultants united states has a licensed administration consultant designation that requires individuals to have a certain degree of schooling and experience, post client experiences, and circulate an exam whose length will depend on the applicant's tutorial and professional historical past (www.imcusa.org). The designation is not required for consultants however can give somebody an skills, in line with the U.S. Bureau of Labor records (www.bls.gov).

    A business management certificates, which could feature as a standalone program or as a complement to a normal degree, teaches college students the fundamentals of managing a enterprise. Many agencies, such as the association of gurus in enterprise administration and The Institute of administration Consultants u . s . a ., offer graduates knowledgeable certifications in business management.




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