WGU C483 Principles of Management Newest
Questions and Answers (2026/2027) |
Comprehensive Review | A+ Verified
• Accommodation -✓✓A style of dealing with conflict involving cooperation on
behalf of the other party but not being assertive about one's own interests
• Accountability -✓✓The expectation that employees will perform a job, take
corrective action when necessary, and report upward on the status and quality of
their performance
• Accounting audits -✓✓Procedures used to verify accounting reports and
statements
• Acquisition -✓✓One firm buying another
• Activity-based costing (ABC) -✓✓A method of cost accounting designed to
identify streams of activity and then to allocate costs across particular business
processes according to the amount of time employees devote to particular activities
• Adapters -✓✓Companies that take the current industry structure and its
evolution as givens, and choose where to compete
• Adverse impact -✓✓When a seemingly neutral employment practice has a
disproportionately negative effect on a protected group
• Advertising support model -✓✓Charging fees to advertise on a site
,• Affective conflict -✓✓Emotional disagreement directed toward other people
• Affiliate model -✓✓Charging fees to direct site visitors to other companies' sites
• Affirmative action -✓✓Special efforts to recruit and hire qualified members of
groups that have been discriminated against in the past
• After-action review -✓✓A frank and open-minded discussion of four basic
questions aimed at continuous improvement
• Alderfer's ERG theory -✓✓A human needs theory postulating that people have
three basic sets of needs that can operate simultaneously
• Arbitration -✓✓The use of a neutral third party to resolve a labor dispute
• Assessment center -✓✓A managerial performance test in which candidates
participate in a variety of exercises and situations
• Assets -✓✓The values of the various items the corporation owns
• Authentic leadership -✓✓A style in which the leader is true to himself or herself
while leading
• Authority -✓✓The legitimate right to make decisions and to tell other people
what to do
,• Autocratic leadership -✓✓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 -✓✓Groups that control decisions about and execution
of a complete range of tasks
• Avoidance -✓✓A reaction to conflict that involves ignoring the problem by
doing nothing at all or deemphasizing the disagreement
• Balanced scorecard -✓✓Control system combining four sets of performance
measures: financial, customer, business process, and learning and growth
• Balance sheet -✓✓A report that shows the financial picture of a company at a
given time and itemizes assets, liabilities, and stockholders' equity
• Barriers to entry -✓✓Conditions that prevent new companies from entering an
industry
• Behavioral approach -✓✓A leadership perspective that attempts to identify what
good leaders do—that is, what behaviors they exhibit
• Benchmarking -✓✓The process of comparing an organization's practices and
technologies with those of other companies
• Bootlegging -✓✓Informal work on projects, other than those officially assigned,
of employees' own choosing and initiative
, • Boundaryless organization -✓✓Organization in which there are no barriers to
information flow
• Boundary-spanning -✓✓Interacting with people in other groups, thus creating
linkages between groups
• Bounded rationality -✓✓A less-than-perfect form of rationality in which
decision makers cannot be perfectly rational because decisions are complex and
complete information is unavailable or cannot be fully processed
• Brainstorming -✓✓A process in which group members generate as many ideas
about a problem as they can; criticism is withheld until all ideas have been
proposed
• Broker -✓✓A person who assembles and coordinates participants in a network
• Budgeting -✓✓The process of investigating what is being done and comparing
the results with the corresponding budget data to verify accomplishments or
remedy differences; also called budgetary controlling
• Buffering -✓✓Creating supplies of excess resources in case of unpredictable
needs
• Bureaucratic control -✓✓The use of rules, regulations, and authority to guide
performance
• Business accelerators -✓✓Organization that provides support and advice to help
young businesses grow
Questions and Answers (2026/2027) |
Comprehensive Review | A+ Verified
• Accommodation -✓✓A style of dealing with conflict involving cooperation on
behalf of the other party but not being assertive about one's own interests
• Accountability -✓✓The expectation that employees will perform a job, take
corrective action when necessary, and report upward on the status and quality of
their performance
• Accounting audits -✓✓Procedures used to verify accounting reports and
statements
• Acquisition -✓✓One firm buying another
• Activity-based costing (ABC) -✓✓A method of cost accounting designed to
identify streams of activity and then to allocate costs across particular business
processes according to the amount of time employees devote to particular activities
• Adapters -✓✓Companies that take the current industry structure and its
evolution as givens, and choose where to compete
• Adverse impact -✓✓When a seemingly neutral employment practice has a
disproportionately negative effect on a protected group
• Advertising support model -✓✓Charging fees to advertise on a site
,• Affective conflict -✓✓Emotional disagreement directed toward other people
• Affiliate model -✓✓Charging fees to direct site visitors to other companies' sites
• Affirmative action -✓✓Special efforts to recruit and hire qualified members of
groups that have been discriminated against in the past
• After-action review -✓✓A frank and open-minded discussion of four basic
questions aimed at continuous improvement
• Alderfer's ERG theory -✓✓A human needs theory postulating that people have
three basic sets of needs that can operate simultaneously
• Arbitration -✓✓The use of a neutral third party to resolve a labor dispute
• Assessment center -✓✓A managerial performance test in which candidates
participate in a variety of exercises and situations
• Assets -✓✓The values of the various items the corporation owns
• Authentic leadership -✓✓A style in which the leader is true to himself or herself
while leading
• Authority -✓✓The legitimate right to make decisions and to tell other people
what to do
,• Autocratic leadership -✓✓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 -✓✓Groups that control decisions about and execution
of a complete range of tasks
• Avoidance -✓✓A reaction to conflict that involves ignoring the problem by
doing nothing at all or deemphasizing the disagreement
• Balanced scorecard -✓✓Control system combining four sets of performance
measures: financial, customer, business process, and learning and growth
• Balance sheet -✓✓A report that shows the financial picture of a company at a
given time and itemizes assets, liabilities, and stockholders' equity
• Barriers to entry -✓✓Conditions that prevent new companies from entering an
industry
• Behavioral approach -✓✓A leadership perspective that attempts to identify what
good leaders do—that is, what behaviors they exhibit
• Benchmarking -✓✓The process of comparing an organization's practices and
technologies with those of other companies
• Bootlegging -✓✓Informal work on projects, other than those officially assigned,
of employees' own choosing and initiative
, • Boundaryless organization -✓✓Organization in which there are no barriers to
information flow
• Boundary-spanning -✓✓Interacting with people in other groups, thus creating
linkages between groups
• Bounded rationality -✓✓A less-than-perfect form of rationality in which
decision makers cannot be perfectly rational because decisions are complex and
complete information is unavailable or cannot be fully processed
• Brainstorming -✓✓A process in which group members generate as many ideas
about a problem as they can; criticism is withheld until all ideas have been
proposed
• Broker -✓✓A person who assembles and coordinates participants in a network
• Budgeting -✓✓The process of investigating what is being done and comparing
the results with the corresponding budget data to verify accomplishments or
remedy differences; also called budgetary controlling
• Buffering -✓✓Creating supplies of excess resources in case of unpredictable
needs
• Bureaucratic control -✓✓The use of rules, regulations, and authority to guide
performance
• Business accelerators -✓✓Organization that provides support and advice to help
young businesses grow
