WGU D081 - Innovative and Strategic Thinking
Questions with 100% Correct Answers
adhocracy culture
externally focused, flexible organization structure
agile
project management approach with quick, iterative cycles
breakthrough
development of a new product or process
business analysis
identify business needs and objectives using data about the internal and external
business environment
business capabilities
organization's capacity and expertise to carry out specific business activities
business model
company's plan for creating value, including the types of products and services offered
centralization
concentration or consolidation of control under one authority
clan culture
internally focused, flexible organizational culture
code of conduct
, rules outlining acceptable practices, behaviors and expectations of employees
competing values framework
model for diagnosing an orgnization's cultural type
conglomerate
large corporation consisting of several businesses whose products or services may vary
widely
consolidation
merger of one or more competencies into a larger organization, usually for economic
benefit
corporate social responsibility definition
policy integrated into business model that goes beyond regulatory requirements to act
in the interest of social or environmental good
cost leadership strategy
business-level strategy that seeks to outcompete rivals on price
cost-benefit analysis
evaluation of the total cost of ownership of a solution compared to the expected return
on investment
data analysis
evaluating and interpreting data using analytical and statistical tools to uncover business
insights
decision-making process
seven step process of making data-informed strategic decisions
Questions with 100% Correct Answers
adhocracy culture
externally focused, flexible organization structure
agile
project management approach with quick, iterative cycles
breakthrough
development of a new product or process
business analysis
identify business needs and objectives using data about the internal and external
business environment
business capabilities
organization's capacity and expertise to carry out specific business activities
business model
company's plan for creating value, including the types of products and services offered
centralization
concentration or consolidation of control under one authority
clan culture
internally focused, flexible organizational culture
code of conduct
, rules outlining acceptable practices, behaviors and expectations of employees
competing values framework
model for diagnosing an orgnization's cultural type
conglomerate
large corporation consisting of several businesses whose products or services may vary
widely
consolidation
merger of one or more competencies into a larger organization, usually for economic
benefit
corporate social responsibility definition
policy integrated into business model that goes beyond regulatory requirements to act
in the interest of social or environmental good
cost leadership strategy
business-level strategy that seeks to outcompete rivals on price
cost-benefit analysis
evaluation of the total cost of ownership of a solution compared to the expected return
on investment
data analysis
evaluating and interpreting data using analytical and statistical tools to uncover business
insights
decision-making process
seven step process of making data-informed strategic decisions
