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Test Prep EXAMQUESTION AND ANSWER LATEST 2024(A+
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SCORE)
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QUESTIONu1
Auvalueuchainuisutheusequenceuofuactivitiesuthatubeginsuwithurawumaterials.
Whaturesultudoesuauvalueuchainuenduwith?
Chooseu 1u answeruSuppl
yuandudemanduOperatio
nsuandulogistics
Outsourcinguoruinsourcing
Deliveryuofuproductsuoruservices
QUESTIONu2
Whatuhappensuwhenuanueffectiveuvalueuchainuisucreated?
Chooseu1uanswer
Profitumarginsuareuincreased.
Aumissionustatementuisudeveloped.uCusto
mizeduproductsuareustandardized.uTotaluqu
alityumanagementuisunoturequired.
QUESTIONu3
Industryuandumarketuanalysis,ucompetitoruanalysis,uandusocialuanalysisuareuexamplesuofuwhichustepuinuth
eustrategicuplanninguprocess?
Analysisuofumission,uvision,uandugoalsuAna
lysisuofumanagementuimplementation
WGUuC483u-uPrinciplesuofuManagementu-uTestuPrep
,Analysisuofuexternaluopportunitiesuanduthreats
Analysisuofuinternalustrengthsuanduweaknesses
QUESTIONu4
Skilledumanagement,upositiveucashuflow,uanduwell-
knownubrandsuareuexamplesuofuwhichucomponentuofutheuSWOTuanalysis?
ThreatsuStren
gthsuWeaknes
sesuOpportuni
ties
QUESTIONu5
Whatudenotesuskillsuoruexpertiseuinuanuactivityuthatuconstitutesutheurootsuofucompetitivenessuinua
nuorganization?
Chooseu1uanswer
Strategicuvalues
CoreucompetenciesuProd
uctsuanduservicesuOpport
unitiesuanduthreats
QUESTIONu6
AccordingutouMichaeluPorter'sucompetitiveuenvironmentumodel,uhowucanusuppliersuinfluenceustrategi
cuplanning?
Suppliersucanureduceutheuthreatufromusubstituteuproducts.uSuppli
ersucanureduceutheunumbersuofunewuentrantsuinutheumarket.
Suppliersucanureduceumanufacturingutimeuanduincreaseuproductuquality.
Suppliersucanureduceutechnological,udemographic,uandulegaluthreatsuinutheuenvironment.
WGUuC483u-uPrinciplesuofuManagementu-uTestuPrep
,QUESTIONu7
Aucompanyuoffersuuniqueuproductsuinuitsuindustryutoucreateuaucompetitiveuadvantage.
Whichutypeuofustrategyuisutheucompanyuusing?
ValorizationuDif
ferentiationuCu
stomizationuSta
ndardization
QUESTIONu8
HappyuInc.uIsuauleadinguprovideruofufamilyuentertainmentuanduBCDuisuaubroadcastingucompanyuwithun
ews,ucable,uanduentertainmentunetworks.uHappyuInc.uRecentlyuacquireduBCDuinuhopesuofuboostinguitsu
primaryubusinessuofufamilyuentertainment.
WhichutypeuofucorporateustrategyuisurepresentedubyuHappyuInc.'supurchaseuofutheirudistributio
nunetwork?
Chooseu1uansweruV
erticaluintegrationuS
trategicualliancesuN
etworking
Horizontalubenchmarking
QUESTIONu9
Aulocalubusinessuhasuprovideduservicesutouitsucustomersuforu40uyears.uTheubusiness'sumissionuisu"Tougiv
euourucustomersutheubestuserviceuinutown."uTheuowneruofutheubusinessuhasuhaduaulong-
standingudreamutoufranchiseutheubusinessuandubecomeutheubestuprovideruofuitsuserviceuinutheuUniteduSt
ates.
Whatudescribesutheuowner'sudream?
WGUuC483u-uPrinciplesuofuManagementu-uTestuPrep
, Chooseu1uansweruStrat
egicuvisionuStrategicum
issionuStrategicuplanni
nguStrategicumanagem
ent
QUESTIONu10
Whatuisutheufirstustepuofuorganizationalustrategicuplanning?
Chooseu1uanswer
DevelopinguoperationalugoalsuDev
elopinguinternalustrengthsuDevelo
pinguaustrategicumissionuDevelopi
nguexternaluopportunities
QUESTIONu11
Theuintroductionuofustatisticalutoolsutouanalyzeutheucausesuofuproductudefectsuisuassociateduwithuwhichuqu
alityuimprovementuapproach?
SixuSigma
FlexibleuProcessuCusto
meruProcessuQualityuC
ustomization
QUESTIONu12
Whatuisutheuprincipaluideauofureengineering?
Chooseu1uanswer
Touanalyzeusystemufailures
Toufocusuonucreatingutwo-wayuexchangesuwithucustomers
WGUuC483u-uPrinciplesuofuManagementu-uTestuPrep