WGU C483 PRINCIPLES OF MANAGEMENT OA
2025/2026 COMPLETE QUESTIONS WITH 100%
DETAILED ANSWERS / UPDATED &ALREADY
GRADED A+
Legitimacy in the minds of the public increases the
probability of success of a new business by:
a. eliminating any risk rom the business plan
b. reducing the resources necessary to start the firm such
as office space, loans, and supplies.
c. helping to revise the rules and expectations of society
d. helping a firm acquire other resources such as top
managers, good employees, and government support
,e. weakening the competition and its ability to operate in
the future - ANSWER-d. helping a firm acquire other
resources such as top managers, good employees, and
government support
In the _________ approach to corporate innovation, risk
takers are not punished if they fail - they keep their former
jobs:
a. job sharing
b. skunkworks
c. bootlegging
d. spin-off
e. horse trading - ANSWER-b. skunkworks
,__________ is the tendency of an organization to identify
and capitalize successfully on
opportunities to launch new ventures by entering new or
established markets with new or existing goods or
services:
a. opportunity analysis
b. competitive aggressiveness
c. bootlegging
d. entrepreneurial orientation
e. threat assessment - ANSWER-d. entrepreneurial
orientation
, A new business that has growth and high profitability as
primary objectives is called a(n) ______. - ANSWER-
entrepreneurial venture
A great product, a viable market, and ______ are essential
ingredients to entrepreneurial success. - ANSWER-good
timing
Since World War II, small entrepreneurial businesses have
created 95% of all ______ in the United States. -
ANSWER-radical innovation
2025/2026 COMPLETE QUESTIONS WITH 100%
DETAILED ANSWERS / UPDATED &ALREADY
GRADED A+
Legitimacy in the minds of the public increases the
probability of success of a new business by:
a. eliminating any risk rom the business plan
b. reducing the resources necessary to start the firm such
as office space, loans, and supplies.
c. helping to revise the rules and expectations of society
d. helping a firm acquire other resources such as top
managers, good employees, and government support
,e. weakening the competition and its ability to operate in
the future - ANSWER-d. helping a firm acquire other
resources such as top managers, good employees, and
government support
In the _________ approach to corporate innovation, risk
takers are not punished if they fail - they keep their former
jobs:
a. job sharing
b. skunkworks
c. bootlegging
d. spin-off
e. horse trading - ANSWER-b. skunkworks
,__________ is the tendency of an organization to identify
and capitalize successfully on
opportunities to launch new ventures by entering new or
established markets with new or existing goods or
services:
a. opportunity analysis
b. competitive aggressiveness
c. bootlegging
d. entrepreneurial orientation
e. threat assessment - ANSWER-d. entrepreneurial
orientation
, A new business that has growth and high profitability as
primary objectives is called a(n) ______. - ANSWER-
entrepreneurial venture
A great product, a viable market, and ______ are essential
ingredients to entrepreneurial success. - ANSWER-good
timing
Since World War II, small entrepreneurial businesses have
created 95% of all ______ in the United States. -
ANSWER-radical innovation
