WGU C483 PRINCIPLES OF MANAGEMENT
FINAL EXAMS COMPLETE QUESTIONS AND
ANSWERS VERIFIED RATIONALES TEST
BANK GRADED A+
⩥ Accounting audits.
Answer: Procedures used to verify accounting reports and statements
⩥ Acquisition.
Answer: One firm buying another
⩥ Activity-Based costing (ABC).
Answer: A method of cost accounting designed to identify streams of
activity and then to allocate costs across particular business processes
according to the mount of time employees devote to particular activities
⩥ Adapters.
Answer: Companies that take the current industry structure and its
evolution as givens, and choose where to compete.
⩥ Adverse impact.
,Answer: When a seemingly neutral employment practice has a
disproportionately negative effect on a protected group.
⩥ Advertising support model.
Answer: Charging fees to advertise on a site.
⩥ affective conflict.
Answer: Emotional disagreement directed toward other people
⩥ affiliate model.
Answer: Charging fees to direct site visitors to other companies' sites
⩥ affirmative action.
Answer: Special efforts to recruit and hire qualified members of groups
that have been discriminated against in the past.
⩥ Alderfer's ERG theory.
Answer: A human needs theory postulating that people have three basic
sets of needs that can operate simultaneously
⩥ arbitration.
Answer: The use of a neutral third party to resolve a labor dispute.
,⩥ assessment center.
Answer: A managerial performance test in which candidates participate
in a variety of exercises and situations.
⩥ assets.
Answer: The values of the various items the corporation owns.
⩥ Authentic leadership.
Answer: A style in which the leader is true to himself or herself while
leading
⩥ autocratic leadership.
Answer: A form of leadership in which the leader makes decisions on his
or her own and then announces those decisions to the group
⩥ autonomous work groups.
Answer: Groups that control decisions about and excution of a complete
range of tasks
⩥ avoidance.
Answer: A reaction to conflict that involves ignoring the problem by
doing nothing at all, or deemphasizing the disagreement.
, ⩥ balance sheet.
Answer: A report that shows the financial picture of a company at a
given time and itemizes assets, liabilities, and stockholders' equity
⩥ balanced scorecard.
Answer: Control system combining four sets of performance measures:
financial, customer, business process, and learning and growth
⩥ barriers to entry.
Answer: Conditions that prevent new companies from entering an
industry
⩥ behavioral approach.
Answer: a leadership perspective that attempts to identify what good
leaders do-that is, what behaviors they exhibit
⩥ benchmarking.
Answer: The process of comparing an organization's practices and
technologies with those of other companies.
⩥ Bootlegging.
Answer: Informal work on projects, other than those officially assigned,
of employees' own choosing and initiative
FINAL EXAMS COMPLETE QUESTIONS AND
ANSWERS VERIFIED RATIONALES TEST
BANK GRADED A+
⩥ Accounting audits.
Answer: Procedures used to verify accounting reports and statements
⩥ Acquisition.
Answer: One firm buying another
⩥ Activity-Based costing (ABC).
Answer: A method of cost accounting designed to identify streams of
activity and then to allocate costs across particular business processes
according to the mount of time employees devote to particular activities
⩥ Adapters.
Answer: Companies that take the current industry structure and its
evolution as givens, and choose where to compete.
⩥ Adverse impact.
,Answer: When a seemingly neutral employment practice has a
disproportionately negative effect on a protected group.
⩥ Advertising support model.
Answer: Charging fees to advertise on a site.
⩥ affective conflict.
Answer: Emotional disagreement directed toward other people
⩥ affiliate model.
Answer: Charging fees to direct site visitors to other companies' sites
⩥ affirmative action.
Answer: Special efforts to recruit and hire qualified members of groups
that have been discriminated against in the past.
⩥ Alderfer's ERG theory.
Answer: A human needs theory postulating that people have three basic
sets of needs that can operate simultaneously
⩥ arbitration.
Answer: The use of a neutral third party to resolve a labor dispute.
,⩥ assessment center.
Answer: A managerial performance test in which candidates participate
in a variety of exercises and situations.
⩥ assets.
Answer: The values of the various items the corporation owns.
⩥ Authentic leadership.
Answer: A style in which the leader is true to himself or herself while
leading
⩥ autocratic leadership.
Answer: A form of leadership in which the leader makes decisions on his
or her own and then announces those decisions to the group
⩥ autonomous work groups.
Answer: Groups that control decisions about and excution of a complete
range of tasks
⩥ avoidance.
Answer: A reaction to conflict that involves ignoring the problem by
doing nothing at all, or deemphasizing the disagreement.
, ⩥ balance sheet.
Answer: A report that shows the financial picture of a company at a
given time and itemizes assets, liabilities, and stockholders' equity
⩥ balanced scorecard.
Answer: Control system combining four sets of performance measures:
financial, customer, business process, and learning and growth
⩥ barriers to entry.
Answer: Conditions that prevent new companies from entering an
industry
⩥ behavioral approach.
Answer: a leadership perspective that attempts to identify what good
leaders do-that is, what behaviors they exhibit
⩥ benchmarking.
Answer: The process of comparing an organization's practices and
technologies with those of other companies.
⩥ Bootlegging.
Answer: Informal work on projects, other than those officially assigned,
of employees' own choosing and initiative
