Test Prep - WGU - Principles of Management - C483 Questions and Answers Latest Update

Test Prep - WGU - Principles of Management - C483 Questions and Answers Latest Update A publicly-held company has a policy limiting financial donations to one religious group. Correct Answer- In which situation does religious preference inappropriately affect decision making? A publicly-held company has a policy limiting financial donations to one religious group. Management approves a religious endorsement that makes claims the company supports. A member of a particular religion starts a business that benefits members of the religion in the area. Management provides two religious holidays per year for every employee regardless of religious affiliation. a sense of complacency. Correct Answer- Too much happy talk from senior management, an absence of a major crisis, many visible resources, and low overall performance standards often lead to: anchoring new approaches. generating long-term wins. a sense of urgency. a sense of complacency. consolidating gains and producing more change. a set of perceptions of what employees owe their employers, and what their employers owe them. Correct Answer- A psychological contract is described as:a set of perceptions of what employees owe their employers, and what their employers owe them. an agreement implying fair treatment of employees without any discrimination in terms of race or gender. a set of conditions of non-disclosure signed by an employee on joining the organization. a set of conditions to ensure the fairness of decisions made by employers. the legal concept that an employee may be terminated for any reason. affiliation Correct Answer- According to McClelland's needs theory, the need for _____ involves a strong desire to be liked by other people. socialized power achievement personalized power affiliation association Analysis of external opportunities and threats Correct 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