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Exam (elaborations)

C208 WGU Module Tests

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C208 WGU Module Tests

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  • December 15, 2023
  • 7
  • 2023/2024
  • Exam (elaborations)
  • Questions & answers
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What are cultural norms? - -an organization's expectations of its members'
behavior in any given situation

-According to Cameron and Quinn's Competing Values Framework model, in
which type of organizational culture are the leaders efficient, organized, and
striving to run a smooth operation by following procedures and policies? - -
hierarchy

-Lower and middle-level managers typically only initiate and implement all
of the following kinds of change except? - -invention of economic models

-Which of the following would not be an example of change typically brought
about by the political environment? - -advances in life sciences technology

-The type of change that can be described as "doing better things" -
according to the First, Second, and Third Order Change Model - is which of
the following types of change? - -reformative change

-In the Bridges' Transitional Model, which of the following would not be a
suggestion for managing Stage 1? - -develop short-term goals, interim

-The fundamentals that drive successful change include communication,
training, _____, and ______. - -leadership engagement, measurement

-What are the types of cultures described by Cameron and Quinn in the
Competing Values Framework model? - -clan, adhocracy, market, and
hierarchy

-The ____________ view of leaders' impact on organizational culture holds that
leaders shape and mold organizational culture - -functionalist

-Among the forces for environmental change, demographic change is an
example of ________ change, and change in values is an example of ______
change. - -socioeconomic, cultural

-The push to reduce companies' and individuals' carbon footprints would be
categorized as which type of environmental change? - -cultural

-Which of the following best exemplifies the corridor principle? - -Beta
testing of a new social app shows that users exclusively use one feature and
feedback reveals that they want to see it as its own app.

-You have been given a new product to evaluate. In Stage Two of the
entrepreneurial process, which of the following pieces of information would
have no bearing on whether you would decide to push forward with a new

, business venture? - -Whether the product has an accepted, filed, or pending
patent application

-Companies that encourage employees to pursue risky new ideas internally
are practicing - -intrapreneurship

-Which of the following qualities is perhaps most needed by an entrepreneur
planning to enter a highly competitive market. - -optimism

-What information will an entrepreneur most likely not glean from assessing
the competition? - -their future product plans

-After a year, a start up venture runs out of funds and must disband. What
crucial financial planning step(s) did the founders most likely fail to do
correctly? - -forecast cash flow

-Which of the following involves a firm supplying rights to proprietary ideas,
products to other businesses in exchange for payment? - -licensing

-Under Resource-based Theory, a start-up firm with many initial investors
most enjoys which of the following key resources? - -Valuable

-Which of the following is an example of innovative stewardship of public
resources? - -the Roman aqueducts

-which is typically the best predictor of entrepreneurial success? - -the
amount of related industry experience an entrepreneur has in the specific
marketplace

-What is the ideal length of a new venture's business plan, according to
experts? - -50 pages

-The brief informal summary of an entrepreneurial opportunity is known as
the - -elevator pitch

-___________ is revolutionary, ___________ is evolutionary. - -Radical
innovation, incremental innovation

-Technology and industries generally have a rate of inception, adoption, and
decline that looks like a(n) - -S-curve

-Success can be a threat to innovation because of - -the risks of
complacency and dogma

-Which of the following best describes the process of introducing new
products or services to the marketplace? - -Implementation

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