100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
WGU C483 PRINCIPLES OF MANAGEMENT OA FINAL EXAM LATEST VERSION A, B & STUDY GUIDE ACTUAL EXAM TESTBANK COMPLETE 400 QUESTIONS AND CORRECT ANSWERS JUST RELEASED $22.99   Add to cart

Exam (elaborations)

WGU C483 PRINCIPLES OF MANAGEMENT OA FINAL EXAM LATEST VERSION A, B & STUDY GUIDE ACTUAL EXAM TESTBANK COMPLETE 400 QUESTIONS AND CORRECT ANSWERS JUST RELEASED

 12 views  0 purchase
  • Course
  • WGU C483
  • Institution
  • WGU C483

WGU C483 PRINCIPLES OF MANAGEMENT OA FINAL EXAM LATEST VERSION A, B & STUDY GUIDE ACTUAL EXAM TESTBANK COMPLETE 400 QUESTIONS AND CORRECT ANSWERS JUST RELEASED

Preview 4 out of 131  pages

  • September 2, 2024
  • 131
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • wgu c483
  • wgu c483
  • WGU C483
  • WGU C483
avatar-seller
STUVIAGRADES
Page 1 of 131




WGU C483 PRINCIPLES OF MANAGEMENT OA FINAL EXAM
LATEST 2024-2025 VERSION A, B & STUDY GUIDE ACTUAL
EXAM TESTBANK COMPLETE 400 QUESTIONS AND CORRECT
ANSWERS JUST RELEASED


WGU C483 PRINCIPLES OF MANAGEMENT OA EXAM A

QUESTION: 1.)_____ include sets of actions to be taken when a company's initial plans have not
worked well or if events in the external environment require

a sudden change.

A)Functional plans

B)Contingency plans

C)Strategic maps

D)Differentiation strategies

E)Business incubators - ANSWER-B.) Contingency plans



QUESTION: 2.)Which of the following is true of operational planning?

A)It is a long-term plan spanning over three years.

B)It is performed by top level managers.

C)It identifies specific plans and procedures.

D)It focuses only on processes required in the higher organizational levels.




1

,Page 2 of 131




E)It translates broad strategic goals into specific goals. - ANSWER-C.) It identifies specific plans
and procedures



QUESTION: 3.)The most effective _____ statements inspire organization members, offering a
worthwhile target for the entire organization to work together

to achieve.

A)vision

B)operation

C)business definition

D)financial

E)quality - ANSWER-A.) Vision




QUESTION: 4.)A(n) _____ illustrates the four key drivers of a firm's long-term success, and
shows how goals in each area are linked to others.

A)objective script

B)GANTT chart

C)PERT chart

D)decision tree

E)strategy map - ANSWER-E.) Strategy map



QUESTION: 5.)The strategy an organization uses to build competitive advantage by being
unique in its industry or market segment along one or more

2

,Page 3 of 131




dimensions is known as a(n) _____ strategy.

A)integrated

B)differentiation

C)functional

D)low-cost

E)concentration - ANSWER-B.) Differentiation




QUESTION: 6.)Which of the following is one among the six components of the strategic
management process?

A)Skill improvement plan

B)Technology assessment

C)Stakeholder analysis

D)SWOT analysis

E)Stockholder reporting - ANSWER-D.) SWOT Analysis



QUESTION: 7.)Which of the following takes place after a firm formulates its strategy?

A)Establishment of mission, vision, and goals

B)Analysis of external opportunities and threats

C)Strategy implementation

D)Analysis of internal strengths and weaknesses

E)SWOT analysis - ANSWER-C.) Strategy Implementation


3

, Page 4 of 131




QUESTION: 8.)A vertical integration strategy is a strategy:

A)used to add new businesses that produce related products or are involved in related markets
and activities.

B)that involves expanding the domain of the organization into supply channels or to
distributors.

C)employed for an organization that operates a single business and competes in a single
industry.

D)used to add new businesses that produce unrelated products or are involved in unrelated
markets and activities.

E)an organization uses to build competitive advantage by being unique in its industry or market
segment along one or more dimensions. - ANSWER-B.) That involves expanding the domain of
the organization into supply channels or to distributors.



QUESTION: 9.)_____ is considered as an activity of the external environment of an
organization.

Refer To: Table 4.1

A)Human resources assessment

B)Financial analysis

C)Marketing Audit

D)Macroeconomic Analysis

E)Operations Analysis - ANSWER-D.) Macroeconomics Analysis



4

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller STUVIAGRADES. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $22.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

79650 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$22.99
  • (0)
  Add to cart