WGU BUSINESS ACUMEN C201 (1ST
SECTION) QUESTIONS AND
ANSWERS WITH COMPLETE
SOLUTIONS 100% CORRECT RATED
A+
The Value of Strategic Planning
Question: In what specific ways does effective planning contribute to a
company’s success?
Answer: Planning serves as a roadmap that allows a company to avoid
expensive errors while positioning itself to capture new market
opportunities. Without a plan, an organization is reactive rather than proactive,
often wasting resources on uncoordinated efforts. ✔✔
The Impact of Ethical Leadership
Question: True or False: The ethical tone set by top management is only
beneficial for increasing monetary profits.
Answer: False. While a strong ethical culture often leads to better financial
performance, its impact is much broader. It builds brand reputation, increases
employee retention, ensures legal compliance, and fosters trust with
stakeholders—benefits that are often more valuable than immediate cash flow.
✔✔
Crisis Management: Contingency Planning
Question: Which planning activity is specifically designed to address business
continuity and public communication during an emergency?
Answer: Contingency Planning. This involves preparing for "what if"
scenarios. It ensures the business can keep operating during a crisis (business
, continuation) and has a clear strategy for sharing information with the public to
maintain trust (public communication). ✔✔
Defining Performance: Setting Objectives
Question: When a CEO establishes targets for profitability, growth, and
employee satisfaction, what specific management function are they performing?
Answer: They are Setting Objectives. These serve as measurable guideposts
that allow managers to align their daily tasks with the organization’s overall
mission and desired performance levels. ✔✔
Navigating Unique Challenges: Nonprogrammed Decisions
Question: Decisions such as launching a new product, entering an unfamiliar
market, or deleting a product line are classified as which type of decision-
making?
Answer: Nonprogrammed Decisions. Unlike "programmed" decisions, which
are routine and follow a set rule (like reordering office supplies),
nonprogrammed decisions are unique, complex, and require a custom-made
response because they deal with unstructured problems. ✔✔
_____ is centered on the boss. -ANSWER ✔✔Autocratic Leadership
Managers use symbols, rituals, ceremonies, and stories to reinforce: -ANSWER
✔✔Corporate Culture
Which of the following statements is true of management? -ANSWER
✔✔Management is the process of achieving organizational objectives through
people & other resources
SECTION) QUESTIONS AND
ANSWERS WITH COMPLETE
SOLUTIONS 100% CORRECT RATED
A+
The Value of Strategic Planning
Question: In what specific ways does effective planning contribute to a
company’s success?
Answer: Planning serves as a roadmap that allows a company to avoid
expensive errors while positioning itself to capture new market
opportunities. Without a plan, an organization is reactive rather than proactive,
often wasting resources on uncoordinated efforts. ✔✔
The Impact of Ethical Leadership
Question: True or False: The ethical tone set by top management is only
beneficial for increasing monetary profits.
Answer: False. While a strong ethical culture often leads to better financial
performance, its impact is much broader. It builds brand reputation, increases
employee retention, ensures legal compliance, and fosters trust with
stakeholders—benefits that are often more valuable than immediate cash flow.
✔✔
Crisis Management: Contingency Planning
Question: Which planning activity is specifically designed to address business
continuity and public communication during an emergency?
Answer: Contingency Planning. This involves preparing for "what if"
scenarios. It ensures the business can keep operating during a crisis (business
, continuation) and has a clear strategy for sharing information with the public to
maintain trust (public communication). ✔✔
Defining Performance: Setting Objectives
Question: When a CEO establishes targets for profitability, growth, and
employee satisfaction, what specific management function are they performing?
Answer: They are Setting Objectives. These serve as measurable guideposts
that allow managers to align their daily tasks with the organization’s overall
mission and desired performance levels. ✔✔
Navigating Unique Challenges: Nonprogrammed Decisions
Question: Decisions such as launching a new product, entering an unfamiliar
market, or deleting a product line are classified as which type of decision-
making?
Answer: Nonprogrammed Decisions. Unlike "programmed" decisions, which
are routine and follow a set rule (like reordering office supplies),
nonprogrammed decisions are unique, complex, and require a custom-made
response because they deal with unstructured problems. ✔✔
_____ is centered on the boss. -ANSWER ✔✔Autocratic Leadership
Managers use symbols, rituals, ceremonies, and stories to reinforce: -ANSWER
✔✔Corporate Culture
Which of the following statements is true of management? -ANSWER
✔✔Management is the process of achieving organizational objectives through
people & other resources
