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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