WGU D073 Questions and Answers Already Passed

WGU D073 Questions and Answers Already Passed Vision clear, distinctive, and specific view of what a company would like to achieve in the future, broad description of the value an organization offers instead of a list of specific targets mission statement describes what the organization needs to do now to achieve the vision innate attributes natural abilities Vision Statement A company owner writes a detailed and clear picture of what the company will look like five years from now. What is he/she defining to the employees? reward power The power people have because others believe they can bestow rewards or outcomes, such as money or recognition, that others desire Coercive power The power people have because others believe they can inflict pain or withhold or take away something they value referent power The power people have because others want to associate with or be accepted by them expert or resource power The power people have because others believe they have and are willing to share expert knowledge or access to resources, such as information, time, or materials legitimate power The power people have because others believe they possess the "right" to influence them and that they ought to obey drive high level of effort, including a strong desire for achievement as well as high levels of ambition, energy, tenacity, and initiative Leadership Motivation intense desire to lead others cognitive ability conceptually skilled, capable of exercising sound judgment, having strong analytical skills, and possessing the capacity to think strategically and multidimensionally Individualized consideration The degree to which the leader attends to each follower's concerns and needs and acts as a mentor or coach. Intellectual stimulation The degree to which the leader challenges assumptions, takes risks, and solicits followers' ideas. Inspirational motivation The degree to which the leader articulates a vision that is appealing and inspiring to followers Idealized influence The degree to which the leader provides a role model for high ethical behavior, instills pride, and gains respect and trust coercive power An employee is told by a manager that a project must be completed by the end of the work week. The manager stresses that if the project is not finished, the employee will have to work on it at home over the weekend, with no additional pay. Which source of power is this manager displaying? legitimate power A manager asks an employee to take on extra work and the individual asks why that is necessary. In response, the manager simply points at the position title on the nameplate sitting on his desk and says, "That's why." Which source of power is this manager displaying? unethical An individual over-reported the company's income to increase the stock value. This led to the loss of trust among shareholders and an investigation by the Securities and Exchange Commission (SEC). How should this leader's action be characterized? four fundamental management functions planning, organizing, leading, and controlling organizing involves using resources in the most effective way, assigning tasks, delegating responsibilities, and determining who is reportable to whom in the organization controlling process of monitoring progress and correcting for any veering off path Long-range planning Managers occupying executive positions are frequently involved in strategic planning and development. They work with the leaders of the organization to determine the principal objectives that must be met to meet the mission of the organization while staying focused on the ideals and values of the organization. controlling Managers evaluate and take corrective action concerning the allocation and use of human, financial, and material resources. Managers are responsible for overseeing many employees and sometimes multiple departments. Supplies are limited. The manager must make sure that the right amount and type of resources get to the correct employees and that they are efficiently and effectively used to meet the goals of the organization. environmental scanning Managers must continually watch for changes in the business environment and monitor business indicators. Managers must track profit and loss statements, cash flow statements, stock trends, and other indicators to follow their