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

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WGU Principles-of-Management Exam Syllabus Topics:

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

1. Which management process has the benefits of group problem solving, information sharing, and cooperation across business functions? Choose 1 answer

A) Total Quality Management
B) Total Control Management
C) Criteria for Growth
D) Change Control

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 new entrants
B) Threat of supplier power
C) Threat of substitutes
D) Threat of customer power

3. What is the purpose of a value chain analysis? Choose 1 answer

A) To determine company stockholder satisfaction
B) To allow the company to use a systematic approach in developing a competitive advantage
C) To help the company determine its commitment to ethics and social responsibility
D) To allow the company to implement an intranet and develop automated processes

4. An employee of a company is working to start a separate division. This project is out of the employee's normal duties and has not been assigned by the supervisor. However, the supervisor encourages this informal project.
Which intrapreneurship activity describes this project?
Choose 1 answer

A) Opportunity obsession
B) Bootlegging
C) Motivation to excel
D) Skunkworks

5. What is a characteristic of a person with an entrepreneurial personality? Choose 1 answer

A) Motivation to excel
B) Opportunity tolerance
C) Laissez-faire
D) Employeeempowerment

Solutions: