age 1 of 88
,age 2 of 88
WGU C483 Principles of Management OA Exam –
Latest Versions A & B with Study Guide, Complete 400
Questions and Verified Answers Released.pdf 2026
A value chain is the sequence of activities that begins with raw
materials.
What result does a value chain end with?
Choose 1 answer
Supply and demand
Operations and logistics
Outsourcing or insourcing
Delivery of products or services .......Answer.........Delivery of
products or services
,age 3 of 88
What happens when an effective value chain is created?
Choose 1 answer
Profit margins are increased.
A mission statement is developed.
Customized products are standardized.
Total quality management is not required. .......Answer. ........Profit
margins are increased.
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
, age 4 of 88
Analysis of external opportunities and threats
Analysis of internal strengths and weaknesses
.......Answer.........Analysis of external opportunities and threats
Skilled management, positive cash flow, and well-known brands
are examples of which component of the SWOT analysis?
Threats
Strengths
Weaknesses
Opportunities .......Answer. ....... Strengths
What denotes skills or expertise in an activity that constitutes the
roots of competitiveness in an organization?
,age 2 of 88
WGU C483 Principles of Management OA Exam –
Latest Versions A & B with Study Guide, Complete 400
Questions and Verified Answers Released.pdf 2026
A value chain is the sequence of activities that begins with raw
materials.
What result does a value chain end with?
Choose 1 answer
Supply and demand
Operations and logistics
Outsourcing or insourcing
Delivery of products or services .......Answer.........Delivery of
products or services
,age 3 of 88
What happens when an effective value chain is created?
Choose 1 answer
Profit margins are increased.
A mission statement is developed.
Customized products are standardized.
Total quality management is not required. .......Answer. ........Profit
margins are increased.
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
, age 4 of 88
Analysis of external opportunities and threats
Analysis of internal strengths and weaknesses
.......Answer.........Analysis of external opportunities and threats
Skilled management, positive cash flow, and well-known brands
are examples of which component of the SWOT analysis?
Threats
Strengths
Weaknesses
Opportunities .......Answer. ....... Strengths
What denotes skills or expertise in an activity that constitutes the
roots of competitiveness in an organization?
