WGU - C483 Principles of Management 2023 (Full) questions with complete solutions

Conceptual and decision skills correct answer: Skills pertaining to the ability to identify and resolve problems for the benefit of the organization and its members. Controlling correct answer: The management function of monitoring performance and making needed changes. Cost competitiveness correct answer: Keeping costs low to achieve profits and be able to offer prices that are attractive to consumers. Emotional intelligence correct answer: The skills of understanding yourself, managing yourself, and dealing effectively with others. Frontline managers correct answer: Lower-level managers who supervise the operational activities of the organization. Innovation correct answer: The introduction of new goods and services. Interpersonal and communication skills correct answer: People skills; the ability to lead, motivate, and communicate effectively with others. Knowledge management correct answer: Practices aimed at discovering and harnessing an organization's intellectual resources. Leading correct answer: The management function that involves the manager's efforts to stimulate high performance by employees. Management correct answer: The process of working with people and resources to accomplish organizational goals. Middle-level managers correct answer: Managers located in the middle layers of the organizational hierarchy