APBM CABM Exam Practice Test Instant Access

Question 1

All of the above the underwritten expectations employees and employers have about the nature of their work relationships is known as:

AFairness contract

BPsychological contract

CLoyalty contract

DNone of the above

Answer : B

Question 2

Expectation theory focuses on:

AEffort performance expectations

BPerformance reward linkage

CValue of rewards

DAll of the above

Answer : D

Question 3

What is defined as the perceived fairness of what the person does compared with what the person receives?

AActuality

BEquity

CJustice

DEvenhandedness

Answer : B

Question 4

In Maslow's hierarchy of needs which of the following factor is NOT included?

Aphysiological needs

Bself-actualization needs

Csafety and security needs

Dequipment and technology needs

Answer : D

Question 5

The formula for Return on Investment is calculated as:

AReturn on Investment = A / (B + C)

BReturn on Investment = (A + C) / B

CReturn on Investment = (A + B) / C

DReturn 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 6

The determination and adjustment of the organization's ability to produce products and services to match customer demand is known as:

AInventory planning

BCapacity planning

CQuality planning

DEvolutionary planning

Answer : B

Question 7

A small or medium sized automated production line that can be adopted to produce more than one product line is known as:

AVariable manufacturing system

BFlexible manufacturing system

CAccommodating manufacturing system

DOpen manufacturing system

Answer : B

APBM CABM Certified Associate Business Manager Exam Practice Test