Wgu C214 Financial Management Script With Accurate Answers

WGU C214 FINANCIAL MANAGEMENT SCRIPT
WITH ACCURATE ANSWERS

◉ Managers at all levels and in all departments are responsible for
planning, organizing, leading, and controlling.
Answer: True


◉ The outcome of organizing is the creation of a strategy.
Answer: False


◉ In contrast to middle managers, top managers are responsible for
the performance of specific departments.
Answer: False


◉ Conceptual skills include the general ability to understand, alter,
lead, and control the behavior of other individuals and groups.
Answer: False


◉ Outsourcing involves contracting with another company to have it
perform a work activity the organization previously performed
itself.
Answer: True

, ◉ Restructuring results in the loss of jobs.
Answer: True


◉ An organizations efficiency decreases when it reduces the
quantity of resources it uses to produce goods or services.
Answer: False


◉ Turnaround management is the creation of a new vision for a
struggling company based on a new approach to planning and
organizing to make better use of a company's resources and allow it
to survive and prosper.
Answer: True


◉ The tendency of a manager to feel distressed and be critical of
himself or herself and other is called negative afffectivity.
Answer: True


◉ Managers who are high on the conscientiousness continuum are
organized and self-disciplined.
Answer: True