C483 WGU PA EXAM 2026 STUDY
GUIDE COMPREHENSIVE
QUESTIONS ANSWERS VERIFIED A+
◉ Profit margins are increased..
Answer: What happens when an effective value chain is created?
Choose 1 answer
Profit margins are increased.
A mission statement is developed.
Customized products are standardized.
Total quality management is not required.
◉ Analysis of external opportunities and threats.
Answer: Industry and market analysis, competitor analysis, and social
analysis are examples of which step in the strategic planning process?
Analysis of mission, vision, and goals
Analysis of management implementation
Analysis of external opportunities and threats
Analysis of internal strengths and weaknesses
◉ Strengths.
Answer: Skilled management, positive cash flow, and well-known
brands are examples of which component of the SWOT analysis?
,Threats
Strengths
Weaknesses
Opportunities
◉ Core competencies.
Answer: What denotes skills or expertise in an activity that constitutes
the roots of competitiveness in an organization?
Choose 1 answer
Strategic values
Core competencies
Products and services
Opportunities and threats
◉ Suppliers can reduce manufacturing time and increase product
quality..
Answer: According to Michael Porter's competitive environment model,
how can suppliers influence strategic planning?
Suppliers can reduce the threat from substitute products.
Suppliers can reduce the numbers of new entrants in the market.
Suppliers can reduce manufacturing time and increase product quality.
,Suppliers can reduce technological, demographic, and legal threats in the
environment.
◉ Differentiation.
Answer: A company offers unique products in its industry to create a
competitive advantage.
Which type of strategy is the company using?
Valorization
Differentiation
Customization
Standardization
◉ Vertical integration.
Answer: Happy Inc. is a leading provider of family entertainment and
BCD is a broadcasting company with news, cable, and entertainment
networks. Happy Inc. recently acquired BCD in hopes of boosting its
primary business of family entertainment.
Which type of corporate strategy is represented by Happy Inc.'s
purchase of their distribution network?
Choose 1 answer
Vertical integration
Strategic alliances
, Networking
Horizontal benchmarking
◉ Strategic vision.
Answer: A local business has provided services to its customers for 40
years. The business's mission is "To give our customers the best service
in town." The owner of the business has had a long-standing dream to
franchise the business and become the best provider of its service in the
United States.
What describes the owner's dream?
Choose 1 answer
Strategic vision
Strategic mission
Strategic planning
Strategic management
◉ Developing a strategic mission.
Answer: What is the first step of organizational strategic planning?
Choose 1 answer
Developing operational goals
Developing internal strengths
GUIDE COMPREHENSIVE
QUESTIONS ANSWERS VERIFIED A+
◉ Profit margins are increased..
Answer: What happens when an effective value chain is created?
Choose 1 answer
Profit margins are increased.
A mission statement is developed.
Customized products are standardized.
Total quality management is not required.
◉ Analysis of external opportunities and threats.
Answer: Industry and market analysis, competitor analysis, and social
analysis are examples of which step in the strategic planning process?
Analysis of mission, vision, and goals
Analysis of management implementation
Analysis of external opportunities and threats
Analysis of internal strengths and weaknesses
◉ Strengths.
Answer: Skilled management, positive cash flow, and well-known
brands are examples of which component of the SWOT analysis?
,Threats
Strengths
Weaknesses
Opportunities
◉ Core competencies.
Answer: What denotes skills or expertise in an activity that constitutes
the roots of competitiveness in an organization?
Choose 1 answer
Strategic values
Core competencies
Products and services
Opportunities and threats
◉ Suppliers can reduce manufacturing time and increase product
quality..
Answer: According to Michael Porter's competitive environment model,
how can suppliers influence strategic planning?
Suppliers can reduce the threat from substitute products.
Suppliers can reduce the numbers of new entrants in the market.
Suppliers can reduce manufacturing time and increase product quality.
,Suppliers can reduce technological, demographic, and legal threats in the
environment.
◉ Differentiation.
Answer: A company offers unique products in its industry to create a
competitive advantage.
Which type of strategy is the company using?
Valorization
Differentiation
Customization
Standardization
◉ Vertical integration.
Answer: Happy Inc. is a leading provider of family entertainment and
BCD is a broadcasting company with news, cable, and entertainment
networks. Happy Inc. recently acquired BCD in hopes of boosting its
primary business of family entertainment.
Which type of corporate strategy is represented by Happy Inc.'s
purchase of their distribution network?
Choose 1 answer
Vertical integration
Strategic alliances
, Networking
Horizontal benchmarking
◉ Strategic vision.
Answer: A local business has provided services to its customers for 40
years. The business's mission is "To give our customers the best service
in town." The owner of the business has had a long-standing dream to
franchise the business and become the best provider of its service in the
United States.
What describes the owner's dream?
Choose 1 answer
Strategic vision
Strategic mission
Strategic planning
Strategic management
◉ Developing a strategic mission.
Answer: What is the first step of organizational strategic planning?
Choose 1 answer
Developing operational goals
Developing internal strengths
