C483 WGU 2025/2026 Exam Questions
and Answers | A+ Score Assured
Similarity between Decision making & Planning Situational Analysis? - 🧠
ANSWER ✔✔They both move in a cycle.
Triple Bottom Line - 🧠 ANSWER ✔✔people, planet, profit (economic,
societal, environmental)
Strategic - 🧠 ANSWER ✔✔Managerial Level : Top- Generic - 3-7 years to
plan
Tactical - 🧠 ANSWER ✔✔Managerial level : Middle 1-2 years to plan
Operational - 🧠 ANSWER ✔✔Managerial Level : Frontline - Specific Plans
& Procedures - ess than a year to plan
,Decision making Stages - 🧠 ANSWER ✔✔1. Identify and diagnose the
problem
2. Generate alternative solutions
3. Evaluate alternatives
4. Make the choice
5. Implement the decision
6. Evaluate the decision
Specific Formal Planning Steps - 🧠 ANSWER ✔✔1. Situational Analysis
2. Alternative Goals and Plans
3. Goal and Plan Evaluation
4. Goal and Plan Selection
5. Implementation
6. Monitor and Control
Strategic Management - 🧠 ANSWER ✔✔a process that involves managers
from all parts of the organization in the formulation and the implementation
of strategies and strategic goals
, Strategic Management Process - 🧠 ANSWER ✔✔The full set of
commitments, decisions, and actions required for a firm to achieve strategic
competitiveness and earn above-average returns.
Business strategies - 🧠 ANSWER ✔✔low cost and differentiation
Low Cost - 🧠 ANSWER ✔✔Focuses on delivering no-frills basics with low
prices that are hard to match; cost is the basis for competition.
Differentiation - 🧠 ANSWER ✔✔Focuses on offering what your competition
cant - BE UNIQUE
core competencies (internal) - 🧠 ANSWER ✔✔unique strengths, embedded
deep within a firm, that are critical to gaining and sustaining competitive
advantage
Benchmarking (external) - 🧠 ANSWER ✔✔assessing how well one
companies basic foundations and skills compare with those of another
company
Corporate Strategies - 🧠 ANSWER ✔✔Concentration, Concentric
Diversification, Conflomerate Diversification, Backward Vertical Integration
COPYRIGHT©NINJANERD 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
STATEMENT. ALL RIGHTS RESERVED
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and Answers | A+ Score Assured
Similarity between Decision making & Planning Situational Analysis? - 🧠
ANSWER ✔✔They both move in a cycle.
Triple Bottom Line - 🧠 ANSWER ✔✔people, planet, profit (economic,
societal, environmental)
Strategic - 🧠 ANSWER ✔✔Managerial Level : Top- Generic - 3-7 years to
plan
Tactical - 🧠 ANSWER ✔✔Managerial level : Middle 1-2 years to plan
Operational - 🧠 ANSWER ✔✔Managerial Level : Frontline - Specific Plans
& Procedures - ess than a year to plan
,Decision making Stages - 🧠 ANSWER ✔✔1. Identify and diagnose the
problem
2. Generate alternative solutions
3. Evaluate alternatives
4. Make the choice
5. Implement the decision
6. Evaluate the decision
Specific Formal Planning Steps - 🧠 ANSWER ✔✔1. Situational Analysis
2. Alternative Goals and Plans
3. Goal and Plan Evaluation
4. Goal and Plan Selection
5. Implementation
6. Monitor and Control
Strategic Management - 🧠 ANSWER ✔✔a process that involves managers
from all parts of the organization in the formulation and the implementation
of strategies and strategic goals
, Strategic Management Process - 🧠 ANSWER ✔✔The full set of
commitments, decisions, and actions required for a firm to achieve strategic
competitiveness and earn above-average returns.
Business strategies - 🧠 ANSWER ✔✔low cost and differentiation
Low Cost - 🧠 ANSWER ✔✔Focuses on delivering no-frills basics with low
prices that are hard to match; cost is the basis for competition.
Differentiation - 🧠 ANSWER ✔✔Focuses on offering what your competition
cant - BE UNIQUE
core competencies (internal) - 🧠 ANSWER ✔✔unique strengths, embedded
deep within a firm, that are critical to gaining and sustaining competitive
advantage
Benchmarking (external) - 🧠 ANSWER ✔✔assessing how well one
companies basic foundations and skills compare with those of another
company
Corporate Strategies - 🧠 ANSWER ✔✔Concentration, Concentric
Diversification, Conflomerate Diversification, Backward Vertical Integration
COPYRIGHT©NINJANERD 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY
STATEMENT. ALL RIGHTS RESERVED
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