Free Test Prep CBM Exam Questions

Become Test Prep Certified with updated CBM exam questions and correct answers

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Total 357 Questions | Updated On: Jun 15, 2026
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Question 1

Measuring your performance against that of best-in-class companies, determining how the best-in-class achieve those performance levels, and using the information as a basis for your own company’s targets, strategies and implementation is called:


Answer: A
Question 2

The process, managers use to transfer authority and responsibility to positions below them in the hierarchy is called:


Answer: C
Question 3

What is obtained by spreading the costs of distribution over a large quantity of products or over a wide variety of products?


Answer: B
Question 4

A measure of the quantity and quality of work done, considering the cost of the resources used is known as:


Answer: A
Question 5

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:


Answer: A
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Total 357 Questions | Updated On: Jun 15, 2026
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