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Certified Business Manager (CBM) Questions 151–155 (page: 32)

Updated On: 10-Feb-2026

Michael E. Porter introduced a framework describing which three competitive strategies?

  1. Low-cost leadership, Productivity and Focus
  2. Low-cost leadership, Differentiation and Focus
  3. Official goals, Differentiation and Design
  4. Low-cost leadership, Differentiation and Effectiveness

Answer(s): B



The degree to which an organization realizes its goals is called organizational:

  1. Effectiveness
  2. Efficiency
  3. Contingency
  4. Productivity

Answer(s): A



What assess effectiveness by observing the beginning of the process and evaluating whether the organization effectively obtains means necessary for high performance?

  1. Goal approach
  2. Internal process approach
  3. Resource-based approach
  4. Stakeholder approach

Answer(s): C



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:

  1. Bargaining position
  2. Agreement indicator
  3. Covenant approach
  4. Convention

Answer(s): A



The organization's economy efficiency is the indicator of:

  1. Internal process effectiveness
  2. Process work climate
  3. Process Development effectiveness
  4. Organizational Effectiveness

Answer(s): A



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