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Exam (elaborations)

Business Acumen exam fully solved.

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  • Course
  • Business Acumen
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  • Business Acumen

Business Acumen exam fully solved.

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  • August 21, 2024
  • 7
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • Business Acumen
  • Business Acumen
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Business Acumen
exam fully solved
Business Acumen - answer Astuteness and
quickness when dealing with a business situation
in a manner likely to lead to a good outcome;
keenness or depth of perception in matters related
to business; business discernment; intuitive and
applicable understanding of how a company makes
money


Strategic Perspective - answer An overall, big
picture understanding of business


Financial Acumen - answer A comprehensive
understanding of what drives profitability and cash
flow


Organizational Literacy - answer An understanding
of the internal organization structures and
custome roles


Market Dynamics - answer A deep understanding
of th external environment that may impact the
internal organization

, Strategic Perspective Components - answer 5 core
components to successfully run a business; long
term vision, core values, interconnections,
interdependencies, decision making


Long-Term Vison - answer An overarching objective
and clear understanding of the desird long-range
future of the organization


Core Values - answer Clearly defined, understood
and accepted values tha speak to themoment by
people at all level of the organization


Interconnections - answer The ability to recognize
patterns and relationships among events and
circumstances outside your organizations
(external)


Interdependencis - answer A deep awareness of
inter-relationships among actions and events, and
how they affect your organization (internal)


Decision Making - answer Shapes how decisions
are made in the moment with consideration to
long-term vision, core value, inteconnections, and
interdependencies

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