WGU C483 Practice Exam with Correct
Answers 2025
1.)The planning level with the shortest time horizon is known as _____ planning.
A)operational
B)tactical
C)managerial
D)developmental
E)vertical - Correct Ans-A.) Operational
2.)The planning process is similar to the _____ process in that both have a series of
steps that are typically repeated in a cycle.
A)strategy-mapping
B)tactical alignment
C)goal-setting
D)decision-making
E)environmental analysis - Correct Ans-D.) Decision-making
3.)In a SWOT analysis, the absence of reliable suppliers would be considered as a(n):
A)weakness and a threat.
B)weakness.
C)strength.
D)opportunity.
E)threat. - Correct Ans-B.) Weakness
4.)A _____ system is a component of the strategic management process designed to
support managers in evaluating the organization's progress
with its strategy and, when discrepancies exist, taking corrective action.
A)span of control
B)strategic control
C)strategic support
D)dynamic network
E)strategic integration - Correct Ans-B.) Strategic Control
5.)The strategy an organization uses to build competitive advantage by being unique in
its industry or market segment along one or more
dimensions is known as a(n) _____ strategy.
A)integrated
B)differentiation
C)functional
D)low-cost
E)concentration - Correct Ans-B.) Differentiation
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6.)Which of the following is one among the six components of the strategic
management process?
A)Skill improvement plan
B)Technology assessment
C)Stakeholder analysis
D)SWOT analysis
E)Stockholder reporting - Correct Ans-D.) SWOT Analysis
7.)Which of the following takes place after a firm formulates its strategy?
A)Establishment of mission, vision, and goals
B)Analysis of external opportunities and threats
C)Strategy implementation
D)Analysis of internal strengths and weaknesses
E)SWOT analysis - Correct Ans-C.) Strategy Implementation
8.)A vertical integration strategy is a strategy:
A)used to add new businesses that produce related products or are involved in related
markets and activities.
B)that involves expanding the domain of the organization into supply channels or to
distributors.
C)employed for an organization that operates a single business and competes in a
single industry.
D)used to add new businesses that produce unrelated products or are involved in
unrelated markets and activities.
E)an organization uses to build competitive advantage by being unique in its industry or
market segment along one or more dimensions. - Correct Ans-B.) That involves
expanding the domain of the organization into supply channels or to distributors.
9.)_____ is considered as an activity of the external environment of an organization.
Refer To: Table 4.1
A)Human resources assessment
B)Financial analysis
C)Marketing Audit
D)Macroeconomic Analysis
E)Operations Analysis - Correct Ans-D.) Macroeconomics Analysis
10.)Benchmarking is the process of assessing how well one company's basic functions
and skills compare with:
A)government standards.
B)supplier and distributor requirements.
C)those of another company.
D)customer expectations.
E)stockholder demands. - Correct Ans-C.) Those of another company
11.)_____ include sets of actions to be taken when a company's initial plans have not
worked well or if events in the external environment require
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a sudden change.
A)Functional plans
B)Contingency plans
C)Strategic maps
D)Differentiation strategies
E)Business incubators - Correct Ans-B.) Contingency plans
12.)Which of the following is true of operational planning?
A)It is a long-term plan spanning over three years.
B)It is performed by top level managers.
C)It identifies specific plans and procedures.
D)It focuses only on processes required in the higher organizational levels.
E)It translates broad strategic goals into specific goals. - Correct Ans-C.) It identifies
specific plans and procedures
13.)The most effective _____ statements inspire organization members, offering a
worthwhile target for the entire organization to work together
to achieve.
A)vision
B)operation
C)business definition
D)financial
E)quality - Correct Ans-A.) Vision
14.)A(n) _____ illustrates the four key drivers of a firm's long-term success, and shows
how goals in each area are linked to others.
A)objective script
B)GANTT chart
C)PERT chart
D)decision tree
E)strategy map - Correct Ans-E.) Strategy map
15.)_____ provides individuals and work units with a clear map to follow in future
activities.
A)Planning
B)Charting
C)A mission statement
D)A BCG matrix
E)Staffing - Correct Ans-A.) Planning
16.)A _____ is the knowledge, expertise, or skill that underlies a company's ability to be
a leader in providing a range of specific goods or services.
A)knowledge flow
B)continuous process
C)cognitive ability
D)core capability
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