WGU C483 - Principles of Management OBJECTIVE ASSESSMENT
VERSION NEWEST 2026 ACTUAL EXAM COMPLETE 200
QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED
ANSWERS) |ALREADY GRADED A+
Accommodation
A style of dealing with conflict involving cooperation on behalf of the other
party but not being assertive about one's own interests
Accountability
The expectation that employees will perform a job, take corrective action
when necessary, and report upward on the status and quality of their
performance
Accounting audits
Procedures used to verify accounting reports and statements
Acquisition
One firm buying another
Activity-based costing (ABC)
A method of cost accounting designed to identify streams of activity and then to
allocate costs across particular business processes according to the amount of
time employees devote to particular activities
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Adapters
Companies that take the current industry structure and its evolution as
givens, and choose where to compete
Adverse impact
When a seemingly neutral employment practice has a disproportionately
negative effect on a protected group
Advertising support model
Charging fees to advertise on a site
Affective conflict
Emotional disagreement directed toward other people
Affiliate model
Charging fees to direct site visitors to other companies' sites
Affirmative action
Special efforts to recruit and hire qualified members of groups that have been
discriminated against in the past
After-action review
A frank and open-minded discussion of four basic questions aimed at continuous
improvement
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Alderfer's ERG theory
A human needs theory postulating that people have three basic sets of needs that
can operate simultaneously (Existence, Relatedness and Growth)
Arbitration
The use of a neutral third party to resolve a labor dispute
Assessment center
A managerial performance test in which candidates participate in a variety of
exercises and situations
Assets
The values of the various items the corporation owns
Authentic leadership
A style in which the leader is true to himself or herself while leading
Authority
The legitimate right to make decisions and to tell other people what to do
Autocratic leadership
A form of leadership in which the leader makes decisions on his or her own and
then announces those decisions to the group
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Autonomous work groups
Groups that control decisions about and execution of a complete range of tasks
Avoidance
A reaction to conflict that involves ignoring the problem by doing nothing at all
or deemphasizing the disagreement
Balanced scorecard
Control system combining four sets of performance measures: financial,
customer, business process, and learning and growth
Balance sheet
A report that shows the financial picture of a company at a given time and
itemizes assets, liabilities, and stockholders' equity
Barriers to entry
Conditions that prevent new companies from entering an industry
Behavioral approach
A leadership perspective that attempts to identify what good leaders do—that is,
what behaviors they exhibit
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