WGU C483 Principles of Management | 100
Questions & Answers | Grade A | 100% Correct
(Verified Solutions)
1. What is the primary function of management that involves setting goals and
defining the actions to achieve them?
A) Leading
B) Organizing
C) Planning
D) Controlling
2. A manager who is responsible for facilitating team activities and achieving
organizational objectives is performing which managerial role?
A) Informational
B) Interpersonal
C) Decisional
D) Strategic
3. According to Henri Fayol, the principle that each employee should receive
orders from only one superior is known as:
A) Unity of Direction
B) Scalar Chain
C) Unity of Command
D) Division of Work
4. Frederick Taylor is best known for his contributions to which school of
management thought?
A) Human Relations
B) Scientific Management
C) Administrative Principles
D) Bureaucracy
,5. The contingency perspective in management suggests that:
A) There is one best way to manage all organizations.
B) Managerial actions should depend on the specific situation.
C) Employees are primarily motivated by economic incentives.
D) Organizations should be highly decentralized.
6. Which of the following is an example of an external stakeholder for a
corporation?
A) The CEO
B) A line manager
C) A production employee
D) A government regulator
7. A company's code of ethics is designed to:
A) Maximize short-term profits at all costs.
B) Provide guidelines for employee behavior and decision-making.
C) Replace the need for government regulations.
D) Apply only to top-level executives.
8. The process of monitoring performance, comparing it with goals, and taking
corrective action is known as:
A) Planning
B) Organizing
C) Leading
D) Controlling
9. A manager who focuses on efficiency and the precise execution of tasks is
most likely at which level of management?
A) Top-level
B) Middle-level
C) First-line
D) Strategic-level
10. Which of the following best defines corporate social responsibility (CSR)?
A) A company's obligation to maximize shareholder wealth.
,B) A company's duty to operate in ways that enhance society and the
environment.
C) A legal requirement for all publicly traded companies.
D) A marketing strategy to improve brand image.
11. A broad declaration of an organization's purpose and scope is its:
A) Strategic plan
B) Mission statement
C) Vision statement
D) Operational goal
12. In SWOT analysis, a new market trend that a company can exploit is
considered a(n):
A) Strength
B) Weakness
C) Opportunity
D) Threat
13. The five forces model, used for industry analysis, was developed by:
A) Peter Drucker
B) Michael Porter
C) Henry Mintzberg
D) Douglas McGregor
14. A strategy where a company seeks to gain a competitive advantage by being
the lowest-cost producer in its industry is a:
A) Differentiation strategy
B) Focus strategy
C) Cost leadership strategy
D) Growth strategy
15. Which type of plan typically has a time horizon of one year or less and deals
with specific, measurable targets?
A) Strategic plan
B) Tactical plan
, C) Operational plan
D) Contingency plan
16. The process of arranging people and other resources to work together to
accomplish a goal is called:
A) Planning
B) Organizing
C) Leading
D) Controlling
17. An organizational structure with a clear chain of command and a narrow
span of control is a:
A) Matrix structure
B) Team-based structure
C) Bureaucratic structure
D) Boundaryless structure
18. The number of people who report directly to a manager is known as the:
A) Chain of command
B) Span of control
C) Unity of command
D) Delegation of authority
19. Decentralization in an organization refers to:
A) The concentration of decision-making authority at top levels.
B) The dispersion of decision-making authority to lower levels.
C) The formal arrangement of jobs within an organization.
D) The process of dividing work into specific tasks.
20. The process of assigning authority and responsibility to subordinates is
called:
A) Specialization
B) Departmentalization
C) Delegation
D) Coordination
Questions & Answers | Grade A | 100% Correct
(Verified Solutions)
1. What is the primary function of management that involves setting goals and
defining the actions to achieve them?
A) Leading
B) Organizing
C) Planning
D) Controlling
2. A manager who is responsible for facilitating team activities and achieving
organizational objectives is performing which managerial role?
A) Informational
B) Interpersonal
C) Decisional
D) Strategic
3. According to Henri Fayol, the principle that each employee should receive
orders from only one superior is known as:
A) Unity of Direction
B) Scalar Chain
C) Unity of Command
D) Division of Work
4. Frederick Taylor is best known for his contributions to which school of
management thought?
A) Human Relations
B) Scientific Management
C) Administrative Principles
D) Bureaucracy
,5. The contingency perspective in management suggests that:
A) There is one best way to manage all organizations.
B) Managerial actions should depend on the specific situation.
C) Employees are primarily motivated by economic incentives.
D) Organizations should be highly decentralized.
6. Which of the following is an example of an external stakeholder for a
corporation?
A) The CEO
B) A line manager
C) A production employee
D) A government regulator
7. A company's code of ethics is designed to:
A) Maximize short-term profits at all costs.
B) Provide guidelines for employee behavior and decision-making.
C) Replace the need for government regulations.
D) Apply only to top-level executives.
8. The process of monitoring performance, comparing it with goals, and taking
corrective action is known as:
A) Planning
B) Organizing
C) Leading
D) Controlling
9. A manager who focuses on efficiency and the precise execution of tasks is
most likely at which level of management?
A) Top-level
B) Middle-level
C) First-line
D) Strategic-level
10. Which of the following best defines corporate social responsibility (CSR)?
A) A company's obligation to maximize shareholder wealth.
,B) A company's duty to operate in ways that enhance society and the
environment.
C) A legal requirement for all publicly traded companies.
D) A marketing strategy to improve brand image.
11. A broad declaration of an organization's purpose and scope is its:
A) Strategic plan
B) Mission statement
C) Vision statement
D) Operational goal
12. In SWOT analysis, a new market trend that a company can exploit is
considered a(n):
A) Strength
B) Weakness
C) Opportunity
D) Threat
13. The five forces model, used for industry analysis, was developed by:
A) Peter Drucker
B) Michael Porter
C) Henry Mintzberg
D) Douglas McGregor
14. A strategy where a company seeks to gain a competitive advantage by being
the lowest-cost producer in its industry is a:
A) Differentiation strategy
B) Focus strategy
C) Cost leadership strategy
D) Growth strategy
15. Which type of plan typically has a time horizon of one year or less and deals
with specific, measurable targets?
A) Strategic plan
B) Tactical plan
, C) Operational plan
D) Contingency plan
16. The process of arranging people and other resources to work together to
accomplish a goal is called:
A) Planning
B) Organizing
C) Leading
D) Controlling
17. An organizational structure with a clear chain of command and a narrow
span of control is a:
A) Matrix structure
B) Team-based structure
C) Bureaucratic structure
D) Boundaryless structure
18. The number of people who report directly to a manager is known as the:
A) Chain of command
B) Span of control
C) Unity of command
D) Delegation of authority
19. Decentralization in an organization refers to:
A) The concentration of decision-making authority at top levels.
B) The dispersion of decision-making authority to lower levels.
C) The formal arrangement of jobs within an organization.
D) The process of dividing work into specific tasks.
20. The process of assigning authority and responsibility to subordinates is
called:
A) Specialization
B) Departmentalization
C) Delegation
D) Coordination
