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WGU C483 PRINCIPLES OF MANAGEMENT OA FINAL EXAM LATEST 2024 TEST BANK 200 QUESTIONS AND CORRECT DETAILED ANSWERS WITH RATIONALES (VERIFIED ANSWERS) |ALREADY ...

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WGU C483 PRINCIPLES OF MANAGEMENT OA FINAL EXAM LATEST 2024 TEST BANK 200 QUESTIONS AND CORRECT DETAILED ANSWERS WITH RATIONALES (VERIFIED ANSWERS) |ALREADY ...

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WGU C483 - Principles of Management -
u u u u u u



Test Prep EXAMQUESTION AND ANSWER LATEST 2024(A+
u u u u u u u u



SCORE)
u




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

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