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WGU C483 PRINCIPLES OF MANAGEMENT OA AND PA ACTUAL EXAM 2025 NEWEST EXAM COMPLETE QUESTIONS WITH DETAILED VERIFIED ANSWERS (100% CORRECT ANSWERS) /A+ STUDY MATERIAL

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WGU C483 PRINCIPLES OF MANAGEMENT OA AND PA ACTUAL EXAM 2025 NEWEST EXAM COMPLETE QUESTIONS WITH DETAILED VERIFIED ANSWERS (100% CORRECT ANSWERS) /A+ STUDY MATERIAL

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WGU C483 PRINCIPLES OF
MANAGEMENT OA AND PA
ACTUAL EXAM 2025 NEWEST
EXAM COMPLETE QUESTIONS
WITH DETAILED VERIFIED
ANSWERS (100% CORRECT
ANSWERS) /A+ STUDY MATERIAL

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Terms in this set (105)

, A value chain is the sequence of
activities that begins with raw
materials.


What result does a value chain end
Delivery of
with?
products or
services
Choose 1 answer
Supply and demand
Operations and logistics
Outsourcing or insourcing
Delivery of products or services

What happens when an effective
value chain is created?


Choose 1 answer
Profit margins Profit margins are increased.
are increased. A mission statement is developed.
Customized products are
standardized.
Total quality management is not
required.

, Industry and market analysis,
competitor analysis, and social
analysis are examples of which step
in the strategic planning process?
Analysis of
Analysis of mission, vision, and goals
external
Analysis of management
opportunities
implementation
and threats
Analysis of external opportunities
and threats
Analysis of internal strengths and
weaknesses

Skilled management, positive cash
flow, and well-known brands are
examples of which component of
the SWOT analysis?
Strengths
Threats
Strengths
Weaknesses
Opportunities

, What denotes skills or expertise in
an activity that constitutes the roots
of competitiveness in an
organization?

Core
Choose 1 answer
competencies

Strategic values
Core competencies
Products and services
Opportunities and threats

According to Michael Porter's
competitive environment model,
how can suppliers influence
strategic planning?
Suppliers can
Suppliers can reduce the threat from
reduce
substitute products.
manufacturing
Suppliers can reduce the numbers
time and
of new entrants in the market.
increase product
Suppliers can reduce manufacturing
quality.
time and increase product quality.
Suppliers can reduce technological,
demographic, and legal threats in
the environment.

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