WGU C483 Principles of Management
Objective Assessment | V1 And V2 |
Questions And Answers | 2026 Update |
100% Correct.
Ethics
The system of rules that governs the ordering of values
Ethnocentrism
The tendency to judge others by the standards of one's group or culture, which are
seen as superior
Executive champion
An executive who supports a new technology and protects the product champion of the
innovation
Expatriates
Parent-company nationals who are sent to work at a foreign subsidiary
Expectancy
Employees' perception of the likelihood that their efforts will enable them to attain
their performance goals
Expectancy theory
A theory proposing that people will behave based on their perceived likelihood that
their effort will lead to a certain outcome and on how highly they value that outcome
External audit
An evaluation conducted by one organization, such as a CPA firm, on another
External environment
,All relevant forces outside a firm's boundaries, such as competitors, customers, the
government, and the economy
Extinction
Disappearance of behaviors that occurs when the behaviors are not being reinforced.
Extrinsic reward
Reward given to a person by the boss, the company, or some other person
Failure rate
The number of expatriate managers of an overseas operation who come home early
Feedback control
Control that focuses on the use of information about previous results to correct
deviations from the acceptable standard
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
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
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
Benchmarking
, The process of comparing an organization's practices and technologies with those of
other companies
Bootlegging
Informal work on projects, other than those officially assigned, of employees' own
choosing and initiative
Boundaryless organization
Organization in which there are no barriers to information flow
Boundary-spanning
Interacting with people in other groups, thus creating linkages between groups
Bounded rationality
A less-than-perfect form of rationality in which decision makers cannot be perfectly
rational because decisions are complex and complete information is unavailable or
cannot be fully processed
Brainstorming
A process in which group members generate as many ideas about a problem as they
can; criticism is withheld until all ideas have been proposed
Broker
A person who assembles and coordinates participants in a network
Budgeting
The process of investigating what is being done and comparing the results with the
corresponding budget data to verify accomplishments or remedy differences; also
called budgetary controlling
Buffering
Creating supplies of excess resources in case of unpredictable needs
Bureaucratic control
The use of rules, regulations, and authority to guide performance
Business accelerators
Objective Assessment | V1 And V2 |
Questions And Answers | 2026 Update |
100% Correct.
Ethics
The system of rules that governs the ordering of values
Ethnocentrism
The tendency to judge others by the standards of one's group or culture, which are
seen as superior
Executive champion
An executive who supports a new technology and protects the product champion of the
innovation
Expatriates
Parent-company nationals who are sent to work at a foreign subsidiary
Expectancy
Employees' perception of the likelihood that their efforts will enable them to attain
their performance goals
Expectancy theory
A theory proposing that people will behave based on their perceived likelihood that
their effort will lead to a certain outcome and on how highly they value that outcome
External audit
An evaluation conducted by one organization, such as a CPA firm, on another
External environment
,All relevant forces outside a firm's boundaries, such as competitors, customers, the
government, and the economy
Extinction
Disappearance of behaviors that occurs when the behaviors are not being reinforced.
Extrinsic reward
Reward given to a person by the boss, the company, or some other person
Failure rate
The number of expatriate managers of an overseas operation who come home early
Feedback control
Control that focuses on the use of information about previous results to correct
deviations from the acceptable standard
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
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
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
Benchmarking
, The process of comparing an organization's practices and technologies with those of
other companies
Bootlegging
Informal work on projects, other than those officially assigned, of employees' own
choosing and initiative
Boundaryless organization
Organization in which there are no barriers to information flow
Boundary-spanning
Interacting with people in other groups, thus creating linkages between groups
Bounded rationality
A less-than-perfect form of rationality in which decision makers cannot be perfectly
rational because decisions are complex and complete information is unavailable or
cannot be fully processed
Brainstorming
A process in which group members generate as many ideas about a problem as they
can; criticism is withheld until all ideas have been proposed
Broker
A person who assembles and coordinates participants in a network
Budgeting
The process of investigating what is being done and comparing the results with the
corresponding budget data to verify accomplishments or remedy differences; also
called budgetary controlling
Buffering
Creating supplies of excess resources in case of unpredictable needs
Bureaucratic control
The use of rules, regulations, and authority to guide performance
Business accelerators
