WGU C483 PRACTICE TEST 2026 STUDY
GUIDE COMPLETE PRINCIPLES OF
MANAGEMENT AND PRACTICE QUESTIONS
◉ 2.)The planning process is similar to the _____ process in that both
have a series of steps that are typically repeated in a cycle.
A)strategy-mapping
B)tactical alignment
C)goal-setting
D)decision-making
E)environmental analysis. Answer: D
◉ 3.)In a SWOT analysis, the absence of reliable suppliers would be
considered as a(n):
A)weakness and a threat.
B)weakness.
C)strength.
D)opportunity.
E)threat.. Answer: B
,◉ 4.)A _____ system is a component of the strategic management
process designed to support managers in evaluating the
organization's progress
with its strategy and, when discrepancies exist, taking corrective
action.
A)span of control
B)strategic control
C)strategic support
D)dynamic network
E)strategic integration. Answer: B
◉ 5.)The strategy an organization uses to build competitive
advantage by being unique in its industry or market segment along
one or more
dimensions is known as a(n) _____ strategy.
A)integrated
B)differentiation
C)functional
D)low-cost
E)concentration. Answer: B
◉ 6.)Which of the following is one among the six components of the
strategic management process?
, A)Skill improvement plan
B)Technology assessment
C)Stakeholder analysis
D)SWOT analysis
E)Stockholder reporting. Answer: D
◉ 7.)Which of the following takes place after a firm formulates its
strategy?
A)Establishment of mission, vision, and goals
B)Analysis of external opportunities and threats
C)Strategy implementation
D)Analysis of internal strengths and weaknesses
E)SWOT analysis. Answer: C
◉ 8.)A vertical integration strategy is a strategy:
A)used to add new businesses that produce related products or are
involved in related markets and activities.
B)that involves expanding the domain of the organization into
supply channels or to distributors.
C)employed for an organization that operates a single business and
competes in a single industry.
D)used to add new businesses that produce unrelated products or
are involved in unrelated markets and activities.
GUIDE COMPLETE PRINCIPLES OF
MANAGEMENT AND PRACTICE QUESTIONS
◉ 2.)The planning process is similar to the _____ process in that both
have a series of steps that are typically repeated in a cycle.
A)strategy-mapping
B)tactical alignment
C)goal-setting
D)decision-making
E)environmental analysis. Answer: D
◉ 3.)In a SWOT analysis, the absence of reliable suppliers would be
considered as a(n):
A)weakness and a threat.
B)weakness.
C)strength.
D)opportunity.
E)threat.. Answer: B
,◉ 4.)A _____ system is a component of the strategic management
process designed to support managers in evaluating the
organization's progress
with its strategy and, when discrepancies exist, taking corrective
action.
A)span of control
B)strategic control
C)strategic support
D)dynamic network
E)strategic integration. Answer: B
◉ 5.)The strategy an organization uses to build competitive
advantage by being unique in its industry or market segment along
one or more
dimensions is known as a(n) _____ strategy.
A)integrated
B)differentiation
C)functional
D)low-cost
E)concentration. Answer: B
◉ 6.)Which of the following is one among the six components of the
strategic management process?
, A)Skill improvement plan
B)Technology assessment
C)Stakeholder analysis
D)SWOT analysis
E)Stockholder reporting. Answer: D
◉ 7.)Which of the following takes place after a firm formulates its
strategy?
A)Establishment of mission, vision, and goals
B)Analysis of external opportunities and threats
C)Strategy implementation
D)Analysis of internal strengths and weaknesses
E)SWOT analysis. Answer: C
◉ 8.)A vertical integration strategy is a strategy:
A)used to add new businesses that produce related products or are
involved in related markets and activities.
B)that involves expanding the domain of the organization into
supply channels or to distributors.
C)employed for an organization that operates a single business and
competes in a single industry.
D)used to add new businesses that produce unrelated products or
are involved in unrelated markets and activities.
