WGU C483 Study guides, Class notes & Summaries

WGU C483 PRINCIPLES OF MANAGEMENT FINAL EXAMS WITH ACTUAL CORRECT QUESTION AND VERIFIED RATIONALES ANSWERS TEST BANK ALREADY GRADED A+ LATEST UPDATE 2024 GUARANTEED PASS!!!

Principles of Management - C483 WGU (Pre-Assessment) Questions and Answers 100% pass Industry and market analysis, competitor analysis, and social analysis are examples of which step in the strategic planning process? - Answer- Analysis of external opportunities and threats Skilled management, positive cash flow, and well-known brands are examples of which component of the SWOT analysis? - Answer- Strengths What denotes skills or expertise in an activity that constitutes the roots of co...

WGU Principles of Management - C483 Questions and Answers 100% Pass Bureaucratic control deals with: - Answer- rules and regulations. Which type of control system depends on pricing mechanisms and economic information to regulate activities within an organization? - Answer- Market control _____ control systems are designed to measure progress toward set performance goals, and if necessary, to apply corrective measures to ensure that performance achieves managers' objectives. - Answer- B...

Include growth, increasing market share, improving profitability, boosting return on investment, fostering both quantity and quality of outputs, increasing productivity, improving customer service, and contributing to society A strategy - Answer- Pattern of actions and resource allocations designed to achieve an organization's goals Where will we be active? How will we get there? How will we win in the marketplace? How fast will we make changes? How will we obtain financial returns? T...

WGU - C483 Principles of Management (Full) Exam Solutions Conceptual and decision skills - Answer- Skills pertaining to the ability to identify and resolve problems for the benefit of the organization and its members. Controlling - Answer- The management function of monitoring performance and making needed changes. Cost competitiveness - Answer- Keeping costs low to achieve profits and be able to offer prices that are attractive to consumers. Emotional intelligence - Answer- The skills of...

Principles of Management Practice Questions C483 WGU Exam Questions and Answers 100% Pass A value chain is the sequence of activities that begins with raw materials. What result does a value chain end with? - Answer- delivery of products and services what happens when an effective value chain is created - Answer- profit margins are increased industry and market, competitor analysis, and social analysis are examples of which step in strategic planning process - Answer- analysis of exteral ...

Principles of Management C483 WGU Exam Questions and Answers 100% Pass Describe strategic planning - Answer- Making decisions about the organization's long- term goals and strategies Describe strategic goals - Answer- major target long-term goals that are effective and efficient describe strategy - Answer- pattern of actions and resource allocations designed to achieve the goals of the organization. 1. Where will we be active? 2. How will we get there (increase sales or acquire another ...

C483 - Principles of Management Practice Questions and Answers 100% Correct Industry and market analysis, competitor analysis, and social analysis are examples of which step in the strategic planning process? Choose 1 answer Analysis of mission, vision, and goals Analysis of management implementation Analysis of external opportunities and threats Analysis of internal strengths and weaknesses - Answer- Analysis of external opportunities and threats Skilled management, positive cash flow...

Test Prep - WGU - Principles of Management - C483 Questions with 100% Correct Answers Delivery of products or services - Answer- A value chain is the sequence of activities that begins with raw materials. What result does a value chain end with? Choose 1 answer Supply and demand Operations and logistics Outsourcing or insourcing Delivery of products or services Profit margins are increased. - Answer- What happens when an effective value chain is created? Choose 1 answer Profit margi...

WGU C483 Practice Test 100% Correctly Answered 1.)The planning level with the shortest time horizon is known as _____ planning. A)operational B)tactical C)managerial D)developmental E)vertical - Answer- A 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 - Answer- D 3.)In a SWOT analysis, the absence of r...