CFI CBCA Final Exam Newest 2025/2026 Actual Exam
Complete All 200 Questions And Correct Detailed Answers
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When competition within an industry is high, which of the following is
most likely to be true? - ANSWER-Buyers have high bargaining power
Which of the following is most likely true for companies at the maturity
stage of the industry lifecycle? - ANSWER-Sales > Cash Flow > Profit
According to the growth/share matrix, companies at maturity have: -
ANSWER-Low market growth and high market share
At which stage of the firm lifecycle would a company most likely have
high business risk, low financial risk, and generate neutral net cash
flow? - ANSWER-Growth
Read the following passage and determine which of the following
strategies the business uses in creating solid relationship with its
customers.
Innovation Co. is an international smartphone manufacturer which
currently holds more than 15% of global smartphone market share. One
of the superior product features it offers (seamless integration with any
smart devices including televisions, smart home electronics, and home
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assistance) is the selling point of the company's latest smartphone series,
creating a huge competitive advantage over its competitors. This
premium feature also allows Innovation Co. to charge an above-average
price while maintaining a loyal customer base. - ANSWER-Best product
Which of the following strategies describes a company's attempt to enter
into new markets with its existing products? - ANSWER-Market
development
Which of the following strategies describes a company's attempt to enter
into new markets with new products? - ANSWER-Diversification
According to the course, which is the most important section of the
business plan? - ANSWER-Executive Summary
In which section of a business plan can you find the name of the
company's lawyer? Select the best answer. - ANSWER-Company
Description
Which SMART component is the following goal missing? In 2020,
Company ABC's Canadian operations generated $90M of revenue, and
in 2021 the Canadian operations generated $98M of revenue. Their goal
is to achieve $100M of revenue in their Canadian operations in the near
future. - ANSWER-Timely
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Where would you most likely find information regarding the hierarchical
or flat structure of the organization? Select the best answer. - ANSWER-
Management and Operations
What is a benefit of having a small number of suppliers for a company's
products? - ANSWER-Better relationship which can result in better
repayment terms
Which risks may be associated with the location of a firm's operations?
Select all that apply. - ANSWER-Regulatory risk, Foreign exchange
risk, Geo-political risk
Company XYZ sells women's running shoes in two U.S. states. Which
option would be considered their SAM (Serviceable Attainable Market)?
- ANSWER-The demand of women's running shoes in the two U.S.
states
Company A sells bottled soft drinks in Australia. Which of the following
answers best describes a threat to company A according to a SWOT
analysis? - ANSWER-Customers are purchasing more gym
memberships and are becoming more focused on their health
Company B is a technology company which primarily sells products to
middle-class individuals. If the average middle-class income falls, which
PESTEL factor would be affected? - ANSWER-Economic
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When a company is developing their outlook through conducting a
market analysis, which areas should they consider? Select all that apply.
- ANSWER-Population growth expectations in the region, Spending
plans of the relevant government, Favorable or unfavorable legislation,
Unemployment rates
Which of the following three statements are true? Select the best answer.
I.There is a tendency to focus on financial issues rather than
management issues
II.Management ability is a key driver of business results
III.Businesses often fail as a result of management weaknesses -
ANSWER-All statements are true
Which is not an example of a strategy scorecard measure? - ANSWER-
Sales growth
Which is not a questioning skill used to gather more information? -
ANSWER-Using straightforward yes/no questions
Which type of attitude is specific to management looking into a strategy
if the firm's largest customers stopped purchasing from the firm
tomorrow? - ANSWER-Attitude to business risk