ANSWERS WITH COMPLETE SOLUTIONS
Purpose, Planet, People - ANSWER - What are the three elements in the triple
bottom line?
A relationship-centered organization is a comprehensive system focused on
relationships as the source for limitless energy, [ ? ] and helping an organization
satisfy
its purpose - ANSWER - Drive Value
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. - ANSWER -
Both 1 and 2 are true
Which of the following is NOT one of the four BRM Capabilities? - ANSWER -
Determine purpose
Identify the missing word(s) in the following sentence:
1
,[ ? ] explains the potential power embedded within organizational cultures and how
effective relationships serve as the basis for that power. - ANSWER -
Relationshipism
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. - ANSWER - b. A belief that positive relationships drive
value in organizations and contribute the
greatest positive impact to economic value, people, and the planet.
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
2
,d) Relationship - ANSWER - a) Capability
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 - ANSWER - a) Only 1 is true
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 - ANSWER - d) 1, 2 and 4
Which is NOT one of the three elements of a BRM Discipline?
a) Knowledge
b) Purpose
c) Competencies
d) Mindsets - ANSWER - b) Purpose
3
, 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 - ANSWER - d) 1, 2 and 4
12. Which BRM competency level needs a solid organizational and industry
acumen and leads
initiatives?
a) Master
b) Practitioner
c) Beginner
d) Explorer - ANSWER - b) Practitioner
13. Which of the following is NOT an activity a BRM would do in the strategic
domain?
4