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Exam (elaborations)

WGU C483 Exam Questions and Answers (2025/2026)

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A value chain is the sequence of activities that begins with raw materials. What result does a value chain end with? delivery of products and services what happens when an effective value chain is created profit margins are increased industry and market, competitor analysis, and social analysis are examples of which step in strategic planning process analysis of exteral opportunities and threats skilled management, positive cash flow, and well known brands are examples of which component of the SWOT analysis strengths what denotes skill or expertise in an activity that constitutes the roots of competitiveness in an organization core competencies according to michael porters competitive environment model, how can suppliers influence strategic planning uppliers 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 customization

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July 3, 2025
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2024/2025
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WGU C483 Exam Questions and Answers (2025/2026)
A value chain is the sequence of activities that begins with raw materials. What result does a
value chain end with? delivery of products and services



what happens when an effective value chain is created profit margins are increased



industry and market, competitor analysis, and social analysis are examples of which step in
strategic planning process analysis of exteral opportunities and threats



skilled management, positive cash flow, and well known brands are examples of which
component of the SWOT analysis strengths



what denotes skill or expertise in an activity that constitutes the roots of competitiveness in an
organization core competencies



according to michael porters competitive environment model, how can suppliers influence
strategic planning uppliers 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 customization



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. which type of corporate strategy is
represented by happy inc.'s purchase of their distribution network vertical integration



what is the first step of organizational strategic planning? developing internal strengths

, a local business has provided services to its customers for 40 years. the business's mission is "to
give our customers the best service in town" the owner of the business has had a long-standing
dream to franchise the business and become the best provider of its services in the united
states. what describes the owners dream? strategic planning



the introduction of statistical tools to analyze the causes of product defects is associated with
which quality improvement approach? six sigma



what is the principal idea of reengineering to revolutionize key organizational systems
and processes



what designates those who take hands-on responsibility for creating innovation such as new
ideas, products or methods within an organization intrapreneuer



how many defects per million are there at six sigma, assuming a product or process is defect
free 99.9999966% of the time? 3.4 defects per million



why is innovation an important element of entrepreneurship creates unique and
different prioducts and services...



a company is trying to systematically improve processes by eliminating noncomformity of their
products to product specifications. the company believes their continuous effort to reduce
variation in their process outputs is key to their business success six sigma



why would an entrepreneurial business choose to use its own resources versus seeking outside
resources in financing a business venture to maintain control...



what can managers do to encourage useful conflict during a meeting to lessen inhibition about
disagreeing and make the conflict less personal promote affective conflict...

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