WGU C483 STUDY GUIDE FINAL PRACTICE
QUESTIONS AND DETAILED SOLUTIONS
◉ 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
QUESTIONS AND DETAILED SOLUTIONS
◉ 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
