COMPLETE 100 QUESTIONS AND CORRECT ANSWERS
WITH RATIONALES (VERIFIED ANSWERS) |ALREADY
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What are the three elements in the triple bottom line? - CORRECT
ANSWER>>Purpose, Planet, People
Drive Value - CORRECT ANSWER>>A relationship-centered organization is a
comprehensive system focused on
relationships as the source for limitless energy, [ ? ] and helping an organization
satisfy
its purpose
Both 1 and 2 are true - CORRECT ANSWER>>Which of the following statements
about relationship-centered and traditional organizations
are true?
1. A traditional organization leaves relationship-building to chance, while a
relationshipcentered
organization treats work relationships with the same level of respect as
every other core capability of the organization.
2. Traditional organizations typically consider people a necessary but expensive
resource to get a job done. A relationship-centered organization considers people
as
an infinite source of energy for an organization that drives value.
Determine purpose - CORRECT ANSWER>>Which of the following is NOT one of
the four BRM Capabilities?
Relationshipism - CORRECT ANSWER>>Identify the missing word(s) in the
following sentence:
,[ ? ] explains the potential power embedded within organizational cultures and
how
effective relationships serve as the basis for that power.
b. A belief that positive relationships drive value in organizations and contribute
the
greatest positive impact to economic value, people, and the planet. - CORRECT
ANSWER>>What is the BRM philosophy?
a) An effective application of knowledge, demonstrated through a set of
competencies
and mindsets to advance a business relationship management capability.
b) A belief that positive relationships drive value in organizations and contribute
the
greatest positive impact to economic value, people, and the planet.
c) A belief that one can get better at something by applying effort, trying
alternative
approaches, and encouraging self-examination.
d) The state of connectedness between two or more people which dictates the
way they
interact, communicate, and behave with each other in pursuit of a shared
organizational purpose.
a) Capability - CORRECT ANSWER>>Identify the missing word(s) in the following
sentence:
A BRM discipline is the effective application of knowledge, demonstrated through
a set
of competencies and mindsets to advance a business relationship management [
? ].
a) Capability
b) Philosophy
c) Role
d) Relationship
,a) Only 1 is true - CORRECT ANSWER>>Which of the following statements about
organizational purpose are true?
1. Purpose provides the organization's "why," their reason for existence.
2. Purpose provides a reason for the organization to be in a specific industry.
a) Only 1 is true
b) Only 2 is true
c) Both 1 and 2 are true
d) Neither 1 or 2 is true
d) 1, 2 and 4 - CORRECT ANSWER>>Which statements are trends that support the
need for great working relationships?
1. Organizations need purpose.
2. The idea of value is evolving.
3. Global digitalization requires stability.
4. Organizations are moving from alignment to convergence/shared ownership.
a) 1, 2 and 3
b) 2, 3 and 4
c) 1, 3 and 4
d) 1, 2 and 4
b) Purpose - CORRECT ANSWER>>Which is NOT one of the three elements of a
BRM Discipline?
a) Knowledge
b) Purpose
c) Competencies
d) Mindsets
d) 1, 2 and 4 - CORRECT ANSWER>>Which statements best describe convergence?
1. Convergence ensures strategic goals are spread across the organization to
merge
into a unified plan that addresses challenges of mutual interest.
2. Convergence ensures diverse perspectives come together to influence strategy
throughout the process.
, 3. Convergence focuses on aligning organizational strategy so stakeholders can be
kept informed.
4. Convergence requires individuals to collaborate with people on different
teams, so
building great work relationships is essential to create optimal value.
a) 1, 2 and 3
b) 2, 3 and 4
c) 1, 3 and 4
d) 1, 2 and 4
b) Practitioner - CORRECT ANSWER>>12. Which BRM competency level needs a
solid organizational and industry acumen and leads
initiatives?
a) Master
b) Practitioner
c) Beginner
d) Explorer
a) Achieve immediate results on an ongoing basis - CORRECT ANSWER>>13.
Which of the following is NOT an activity a BRM would do in the strategic
domain?
a) Achieve immediate results on an ongoing basis
b) Set the overall direction for achieving results
c) Define an organization's purpose
d) Remove obstacles as they are encountered
d) Mindsets - CORRECT ANSWER>>14. Identify the missing word(s) in the
following sentence:
The BRM Competency Model describes the knowledge, skills, characteristics,
behaviors,
and [?] needed for performance in the BRM role.
a) Enablers
b) Competencies