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WGU C483 Principles of Management (Pre-Assessment) | 115 Questions with 100% Correct Answers | Verified | Latest Update | 28 Pages

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Industry and market analysis, competitor analysis, and social analysis are examples of which step in the strategic planning process? - Analysis of external opportunities and threats Skilled management, positive cash flow, and well-known brands are examples of which component of the SWOT analysis? - Strengths What denotes skills or expertise in an activity that constitutes the roots of competitiveness in an organization? - Core competencies According to Michael Porter's competitive environment model, how can suppliers influence strategic planning? - Suppliers can reduce manufacturing time and increase product quality. A company offers unique products in its industry to create a competitive advantage. Which type of strategy is the company using? - Differentiation Happy Inc. is a leading provider of family entertainment and BCD is a broadcasting company with news, cable, and entertainment networks. Happy Inc. recently acquired BCD in hopes of boosting its primary business of family entertainment.

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WGU C483










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