Principles of Management WGU Planning Organizing Leading and Controlling Study Guide Practice Questions 2025/ 2026

Principles of Management Principles
(WGU) –ofPlanning,
Management
Organizing,
Principles
(WGU)Leading,
–ofPlanning,
Management
and Controlling
Organizing,
(WGU) Study
Leading,
– Planning,
Guide.pdf
and Controlling
Organizing,Study
Leading,
Guide.pdf
and Controlling Study Guide.pdf




Principles of
Management
(WGU) – Planning,
Organizing,
Leading, and
Controlling Study
Guide




Principles of Management Principles
(WGU) –ofPlanning,
Management
Organizing,
Principles
(WGU)Leading,
–ofPlanning,
Management
and Controlling
Organizing,
(WGU) Study
Leading,
– Planning,
Guide.pdf
and Controlling
Organizing,Study
Leading,
Guide.pdf
and Controlling Study Guide.pdf

,Principles of Management WGU.pdf Principles of Management WGU.pdf Principles of Management WGU.pdf


Terms in this set (128)



Core Competency/Capability A unique skill and/or knowledge and organization possesses that gives it an edge
over competitors.


What does Core Competency/Capability mean for an They can enhance a firms competitive advantage.
organization?




SWOT analysis Strength
Weaknesses
Opportunities
Threats


How is Strengths in SWOT analysis used in strategic Refers to internal resources such as effective sales and marketing, user friendly
planning process? software, relatively low price.


How is Weaknesses in SWOT analysis used in strategic Refers to internal resources like a lack of spare production capacity and the
planning process? absence of reliable suppliers.



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,Principles of Management WGU.pdf Principles of Management WGU.pdf Principles of Management WGU.pdf




How is Opportunities in SWOT analysis used in strategic Rises in the Macroenvironment and Competerive environment. Geographical
planning process? expansion, more markets, new services-data discovery.


How is Threats in SWOT analysis used in strategic planning Rises in the Macroenvironment and Competetive environment. Large vendors with
process? similar software, pressure on price, possibility of software becoming standard.
Might also include the possibility that competitors will enter the underserved niche
once it has been shown to be profitable.


Types of corporate strategies that organizations can use. Concentration-focuses on a single business competing in a single industry.


Vertical Integration-involves expanding the domain of the organization into supply
channels or to distributors. Generally is used to eliminate u certainties and
associated with suppliers or distributors.


Concentric Diversification-involves moving into new businesses that are related to
the company's original core business.


Conglomerate Diversification-corporate strategy that involves expansion in
unrelated business.




Principles of Management WGU.pdf Principles of Management WGU.pdf Principles of Management WGU.pdf

, Principles of Management WGU.pdf Principles of Management WGU.pdf Principles of Management WGU.pdf




General Decision making stages vs Formal Planning steps Both have 6 steps that more or less correspond to each other.


General: identifying and diagnosing the problem, generating alternative
solutions,evaluating alternatives,making the choice,implementing,evaluation.


Formal: situational analysis,alternative goals and plans,goal and plan
evaluation,goal and plan selection,implementation,monitor and control.




Three levels of planning hierarchy: Strategic, tactical and operational.
Correspond with the three major management levels.




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