BRMP PRACTICE STATEMENTS (Y/N) With Correct answers

(IN) - Great work relationships satisfy purpose to help organizations operate indefinitely. . - Answer-Y - Page 9 Organizations need Purpose , (IN) - Value is defined by revenue and profit. . - Answer-N - (Value is defined by so much more than just revenue, expenses, and profit. It can also come from a person having a sense of pride in a job well done, or from feeling their work has meaning.) Pg 9 Idea of Value is Evolving , (IN) - Strong relationships are necessary to help organization to be agile. . - AnswerY - Page 9 Global Digitalization Requires Agility , (IN) - Alignment is not sufficient for building great relationships. . - Answer-Y - Page 10 Organizations are moving from alignment to Convergence , (IN) - The relationship centered organization includes the environment, knowledge and mindsets. . - Answer-Y - Page 12 Top of page , (IN) - The theory of relationshipism explains the power of relationships in organization. . - Answer-Y - Page 12 Theory of Relationshipism , (IN) - The BRM Capability centers on the belief that positive relationships drive value in organizations. . - Answer-N - (BRM PHILOSOPHY) Pg 13 BRM Philosophy , (IN) - The Triple Bottom Line is focused on Purpose, Passion and planet . - Answer-N - (PURPOSE, PEOPLE, PLANET) Pg 14 Triple Bottom Line , (IN) - The Triple Bottom Line adds a new dimension to the calculation of value. . - Answer-Y - P15 Purpose , (IN) - Relationships are everywhere in your organization. . - Answer-Y - P16 Summary , (IN) - The definition of the BRM capability is to shape and influence the concepts of the BRM role . - Answer-N - (IS EVERYTHING IT TAKES, VISABLE AND INVISABLE, TO NURTURE RELATI