100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
WGU C483 PRACTICE TEST 2024 QUESTIONS AND ANSWERS $14.49   Add to cart

Exam (elaborations)

WGU C483 PRACTICE TEST 2024 QUESTIONS AND ANSWERS

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

WGU C483 PRACTICE TEST 2024 QUESTIONS AND ANSWERS

Preview 3 out of 23  pages

  • September 1, 2024
  • 23
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • WGU C483
  • WGU C483
avatar-seller
Teacher101
WGU C483 PRACTICE TEST

Which of the following is a characteristic of a strong culture?

A. Having confusion about corporate goals

B. Different people holding different values

C. Everyone believing in the firm's practices

D. Fostering affective conflict and confusion

E. Having unclear principles to guide decisions - ANSWERS-C



Which of the following is a component of Porter's competitive environment?

A. Technology

B. Suppliers

C. Demographics

D. Economy

E. Societal trends - ANSWERS-B



In competition, a substitute is best described as a(n):

product that complements another product.

A. alternative to a product.

B. similar product in a completely different market.

C. auxiliary product by the same company.

,D. duplicate, counterfeit product. - ANSWERS-A



Why is understanding an organization's environment important?

A. By understanding its environment, an organization can increase its complexity
and dynamism.

B. With this understanding, organizations and individuals are able to understand
past decisions and actions.

C. Today's customers support only firms that care about the environment.

D. An organization's environment is the only place to find solutions to an
organization's problems.

E. Without this understanding, organizations tend to miss opportunities or make
poor decisions. - ANSWERS-E



Which of the following is a controllable environmental factor that can affect an
organization?

A. Government interference

B. Contamination of raw material sources

C. Cost leadership strategy

D. Economic recession

E. Demographic changes in the labor force - ANSWERS-C



Complexity and dynamism in the environment result in:

A. organizational dynamism.

, B. environmental uncertainty.

C. conflicting competitive intelligence.

D. strategic maneuvering.

E. low levels of opportunity. - ANSWERS-B



Which of the following refers to the immediate environment surrounding a firm,
including suppliers, customers, rivals, and new entrants?

A. Relational environment

B. Business situation

C. Macroenvironment

D. Competitive environment

E. Business atmosphere - ANSWERS-D



The internal environment includes:

A. competitors and the economy.

B. government and social issues.

C. culture and climate.

D. legal and political factors.

E. customers and suppliers. - ANSWERS-C



Which of the following is a demographic factor of an organization's
macroenvironment?

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 Teacher101. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $14.49. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

77254 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
$14.49
  • (0)
  Add to cart