PRINCIPLES OF MANAGEMENT C483 WGU
EXAM 4 STUDY GUIDE 2026 TESTED
QUESTIONS AND PRACTICE SOLUTION
GRADED A+
◉ Sustained competitive advantage.
Answer: Dr. Ohmae indicates that customer, corporation, and
competitors should be integrated in a strategic triangle.
What does Dr. Ohmae indicate that an organization can obtain by
doing this?
Time-based competition
Sustained competitive advantage
Coordination of mutual adjustment
Decentralization of the organization
◉ Intrapreneur.
Answer: What designates those who take hands-on responsibility
for creating innovation such as new ideas, products, or methods
within an organization?
Franchiser
Pacesetter
,Intrapreneur
Controller
◉ Creates unique and different products or services.
Answer: Why is innovation an important element of
entrepreneurship?
Allows the company to meet industry benchmarks
Creates unique and different products or services
Reduces marketing costs for the company
Buffers the impact of changes in the legal environment
◉ Creativity, self-reliance, and ability to adapt.
Answer: Most successful entrepreneurs exhibit certain
characteristics. Some entrepreneurs are open-minded, able to learn
quickly, and skilled at conceptualizing.
Which entrepreneurial personality trait is this?
Choose 1 answer
Opportunity obsession
Competitive intelligence
Creativity, self-reliance, and ability to adapt
,Tolerance of risk, ambiguity, and uncertainty
◉ Determination.
Answer: Which personality characteristics are believed to contribute
to an entrepreneur's success?
Risk aversion
Determination
Status quo obsession
Motivation to delegate
◉ To maintain control.
Answer: Why would an entrepreneurial business choose to use its
own resources versus seeking outside resources in financing a
business venture?
To go public
To spread the risk
To maintain control
To fuel large growth
◉ Encourage employees to work on informal job assignments.
Answer: Which activity should management use to encourage
intrapreneurship within an organization?
Allow employees to form a union
, Motivate employees by giving extra time off
Provide employees extra training opportunities
Encourage employees to work on informal job assignments
◉ Provide a devil's advocate.
Answer: What can managers do to encourage useful conflict during a
meeting to lessen inhibition about disagreeing and make the conflict
less personal?
Evaluate leadership style
Promote affective conflict
Provide a devil's advocate
Involve others in collaboration
◉ People respond based on their interpretation of others'
intentions..
Answer: Why is consideration of intentions important in conflict
situations?
People tend to think before they act in some situations.
People have habitual patterns of response to conflict situations.
Selfish intentions of people often leads to poor decision making.
People respond based on their interpretation of others' intentions.
◉ Cooperativeness and assertiveness.
EXAM 4 STUDY GUIDE 2026 TESTED
QUESTIONS AND PRACTICE SOLUTION
GRADED A+
◉ Sustained competitive advantage.
Answer: Dr. Ohmae indicates that customer, corporation, and
competitors should be integrated in a strategic triangle.
What does Dr. Ohmae indicate that an organization can obtain by
doing this?
Time-based competition
Sustained competitive advantage
Coordination of mutual adjustment
Decentralization of the organization
◉ Intrapreneur.
Answer: What designates those who take hands-on responsibility
for creating innovation such as new ideas, products, or methods
within an organization?
Franchiser
Pacesetter
,Intrapreneur
Controller
◉ Creates unique and different products or services.
Answer: Why is innovation an important element of
entrepreneurship?
Allows the company to meet industry benchmarks
Creates unique and different products or services
Reduces marketing costs for the company
Buffers the impact of changes in the legal environment
◉ Creativity, self-reliance, and ability to adapt.
Answer: Most successful entrepreneurs exhibit certain
characteristics. Some entrepreneurs are open-minded, able to learn
quickly, and skilled at conceptualizing.
Which entrepreneurial personality trait is this?
Choose 1 answer
Opportunity obsession
Competitive intelligence
Creativity, self-reliance, and ability to adapt
,Tolerance of risk, ambiguity, and uncertainty
◉ Determination.
Answer: Which personality characteristics are believed to contribute
to an entrepreneur's success?
Risk aversion
Determination
Status quo obsession
Motivation to delegate
◉ To maintain control.
Answer: Why would an entrepreneurial business choose to use its
own resources versus seeking outside resources in financing a
business venture?
To go public
To spread the risk
To maintain control
To fuel large growth
◉ Encourage employees to work on informal job assignments.
Answer: Which activity should management use to encourage
intrapreneurship within an organization?
Allow employees to form a union
, Motivate employees by giving extra time off
Provide employees extra training opportunities
Encourage employees to work on informal job assignments
◉ Provide a devil's advocate.
Answer: What can managers do to encourage useful conflict during a
meeting to lessen inhibition about disagreeing and make the conflict
less personal?
Evaluate leadership style
Promote affective conflict
Provide a devil's advocate
Involve others in collaboration
◉ People respond based on their interpretation of others'
intentions..
Answer: Why is consideration of intentions important in conflict
situations?
People tend to think before they act in some situations.
People have habitual patterns of response to conflict situations.
Selfish intentions of people often leads to poor decision making.
People respond based on their interpretation of others' intentions.
◉ Cooperativeness and assertiveness.
