WGU Principles-of-Management : Principles of Management at Western Governors University(IAC1)

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WGU Principles-of-Management Exam Syllabus Topics:

WGU Principles of Management at Western Governors University(IAC1) Sample Questions:

Question #1

When developing a qualify management system, which step involves answering the question, "If you were the customer, how would you like us to operate?" Choose 1 answer

A. Benchmarking
B. Reengineering
C. Downsizing
D. Customerization

Question #2

Which competitive force is reduced by the barriers provided by government policies, capital requirements, brand identification, and cost disadvantages? Choose 1 answer

A. Threat of customer power
B. Threat of substitutes
C. Threat of supplier power
D. Threat of new entrants

Question #3

Entrepreneurs who want to start a new business need to understand the level of risk and both dimensions.
What do entrepreneurs use to assess levels of risk and innovation?
Choose 1 answer
involved in establishing a new venture and must then decide if they are comfortable with

A. Innovation creation diagram
B. Entrepreneurial loss function diagram
C. Collaboration tracking matrix
D. Entrepreneurial strategy matrix

Question #4

What is a Benefit of a boundaryless organization? Choose 1 answer

A. Employees have access to all buildings.
B. Employees are allowed to form a union.
C. Employees may express their opinions freely.
D. Employees are free to apply for other positions.

Question #5

A team leader is having a difficult time implementing the company's new scheduling policy, which does not take into account seniority. The team is aware of the problem and has discussed options to deal with it, but no definitive solutions have been determined.
Which stage in the change process is the team experiencing?
Choose 1 answer

A. Contemplation
B. Preparation
C. Action
D. Precontemplation

Solutions: