WGU C483 CERTIFICATION EVALUATION
EXAMS EXAM STUDY GUIDE UPDATED 2026.
⫸ what happens when an effective value chain is created Answer:
profit margins are increased
⫸ industry and market, competitor analysis, and social analysis are
examples of which step in strategic planning process Answer:
analysis of exteral opportunities and threats
⫸ skilled management, positive cash flow, and well known brands
are examples of which component of the SWOT analysis Answer:
strengths
⫸ what denotes skill or expertise in an activity that constitutes the
roots of competitiveness in an organization Answer: core
competencies
⫸ according to michael porters competitive environment model, how
can suppliers influence strategic planning Answer: uppliers can
reduce manufacturing time and increase product quality
⫸ a company offers unique products in its industry to create a
competitive advantage. which type of strategy is the company using
Answer: customization
, ⫸ 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 Answer: vertical integration
⫸ what is the first step of organizational strategic planning? Answer:
developing internal strengths
⫸ 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 services in
the united states. what describes the owners dream? Answer: strategic
planning
⫸ the introduction of statistical tools to analyze the causes of product
defects is associated with which quality improvement approach?
Answer: six sigma
⫸ what is the principal idea of reengineering Answer: to
revolutionize key organizational systems and processes
⫸ what designates those who take hands-on responsibility for
creating innovation such as new ideas, products or methods within an
organization Answer: intrapreneuer
EXAMS EXAM STUDY GUIDE UPDATED 2026.
⫸ what happens when an effective value chain is created Answer:
profit margins are increased
⫸ industry and market, competitor analysis, and social analysis are
examples of which step in strategic planning process Answer:
analysis of exteral opportunities and threats
⫸ skilled management, positive cash flow, and well known brands
are examples of which component of the SWOT analysis Answer:
strengths
⫸ what denotes skill or expertise in an activity that constitutes the
roots of competitiveness in an organization Answer: core
competencies
⫸ according to michael porters competitive environment model, how
can suppliers influence strategic planning Answer: uppliers can
reduce manufacturing time and increase product quality
⫸ a company offers unique products in its industry to create a
competitive advantage. which type of strategy is the company using
Answer: customization
, ⫸ 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 Answer: vertical integration
⫸ what is the first step of organizational strategic planning? Answer:
developing internal strengths
⫸ 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 services in
the united states. what describes the owners dream? Answer: strategic
planning
⫸ the introduction of statistical tools to analyze the causes of product
defects is associated with which quality improvement approach?
Answer: six sigma
⫸ what is the principal idea of reengineering Answer: to
revolutionize key organizational systems and processes
⫸ what designates those who take hands-on responsibility for
creating innovation such as new ideas, products or methods within an
organization Answer: intrapreneuer
