Free Sample Questions to Practice CBM Certification Test Engine [Aug-2026]
2026 Valid CBM Real Exam Questions, practice APBM Business Manager
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NEW QUESTION # 124
According to which theory, a country that is relatively labor abundant should specialize in the production and export of that product which is relatively labor intensive?
- A. The Theory of Comparative Advantage
- B. The Theory of Overlapping Product Ranges
- C. The Theory of Absolute Advantage
- D. The Theory of Factor Proportions
Answer: D
NEW QUESTION # 125
The ability of a business to meet its financial obligations is called:
- A. Nominal Concealing
- B. Solvency
- C. Glass seizing
- D. Position analysis
Answer: B
NEW QUESTION # 126
What mans that all possible intermediaries at the particular level of the channel are used?
- A. Selective distribution
- B. Channel intensity
- C. Intensive distribution
- D. Territory intensity
Answer: B
NEW QUESTION # 127
Strategy of pricing the new product at a relatively high level and then gradually reducing it over time is known as:
- A. Product skimming
- B. Floating Market concept
- C. Consumer skimming
- D. Market skimming
Answer: D
NEW QUESTION # 128
A firm must avail itself of all dimensions of competition, which Michael Porter categorized into which of the following four components is NOT of "the diamond of national advantage"?
- A. Factor conditions
- B. Related industries
- C. External economy
- D. Firm strategy
Answer: C
NEW QUESTION # 129
A separateness of corporation gives it which of the following advantages?
- A. Ownership interests can be divided into shares of stock.
- B. All of the above
- C. A corporation can continue after its original owners and managers are deceased.
- D. A corporation offers its owners limited liability.
Answer: B
NEW QUESTION # 130
Client/server architecture can follow which of the following basic model?
- A. Applications run on local PCs
- B. Applications run on both local PCs and the server
- C. All of the above
- D. Applications run at a server
Answer: C
NEW QUESTION # 131
If subsidiaries are granted a high degree of autonomy, the system is called:
- A. Decentralization
- B. Incorporation
- C. Centralization
- D. Coordination
Answer: A
NEW QUESTION # 132
The Australian Business Awards are administered by the Australian Quality Awards Foundation with which level?
- A. Business Improvement level
- B. Australian Business Excellent prize
- C. Award Gold level
- D. All of the above
Answer: D
NEW QUESTION # 133
Means used to anticipate and manage the supply of and demand for human resources is known as:
- A. HR management
- B. HR business decisions
- C. HR strategies
- D. HR development
Answer: C
NEW QUESTION # 134
When inventory moves so fast that firms essentially hold zero inventory on hand, they are following a system known as:
- A. slender supply chain
- B. spare supply chain
- C. slant supply chain
- D. lean supply chain
Answer: D
NEW QUESTION # 135
Which of the following is NOT the step of decision-making process?
- A. Problem recognition
- B. Post-purchase security
- C. Purchase
- D. Alternative evaluation
Answer: B
NEW QUESTION # 136
A measure of the quantity and quality of work done, considering the cost of the resources used is known as:
- A. Efficiency
- B. Innovation
- C. Productivity
- D. Effectiveness
Answer: C
NEW QUESTION # 137
What describes the structure of the database being designed: the names and types of fields in each record type and the general relationships among different sets of records or files?
- A. Schema
- B. Data diagram
- C. Database Management System
- D. Data element
Answer: A
NEW QUESTION # 138
An information system that provides reports to stakeholders about the economic activities and condition of a business is called:
- A. Accounting
- B. Investment
- C. Financing
- D. Bookkeeping
Answer: A
NEW QUESTION # 139
Many of the world's developing countries have long sought to create domestic industry by restricting imports of competitive products in order to allow smaller, less competitive domestic firms to grow and prosper, this is called:
- A. Internalizers
- B. None if the above
- C. Import substitution
- D. Factor mobility
Answer: C
NEW QUESTION # 140
The set of products a firm targets to one general market is known as:
- A. Product line
- B. Packaging line
- C. Market development
- D. Product diversification
Answer: A
NEW QUESTION # 141
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