Page 1 of 96
WGU C208 Change Management and Innovation TEST
2026-2027 COMPLETE 300 QUESTIONS AND VERIFIED
SOLUTIONS LATEST UPDATE THIS YEAR
WGU Change Management and Innovation – C208 TEST
FINAL EXAMINATION
Academic Year: 2026–2027
Exam Title: Change Management and Innovation – Full Test (C208)
Edition: Latest Update This Year
Content: All Questions with Verified Correct Answers
EXAMINATION INSTRUCTIONS
This examination evaluates knowledge and competency in entrepreneurship, organizational
change, innovation, and culture, including: assessing competition, financial planning, licensing,
resource-based theory, organizational culture, models of change, transitional strategies, and
environmental forces.
Each question has one or more correct answers.
Rationales are based on WGU course materials, academic literature on entrepreneurship, and
evidence-based change management frameworks.
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EXAM COVERAGE
• Entrepreneurship and innovation processes
• Assessing competition and financial forecasting
• Licensing and intrapreneurship
• Resource-based theory
• Organizational culture and Competing Values Framework
• First, Second, and Third Order Change Model
• Bridges’ Transitional Model
• Environmental forces and change
• Evaluating new products and market entry strategies
EXAM QUESTIONS
Question 1
What information will an entrepreneur most likely not glean from assessing the competition?
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A) Pricing strategy
B) Market positioning
C) Marketing tactics
D) Their future product plans
Correct Answer:
D) Their future product plans
Rationale:
Competitive analysis can reveal current strategies and tactics but cannot reliably predict
competitors’ future product plans, which are typically confidential.
Question 2
After a year, a start-up venture runs out of funds and must disband. What crucial financial
planning step(s) did the founders most likely fail to do correctly?
A) Conduct a market analysis
B) Forecast cash flow
C) Hire experienced managers
D) Develop a mission statement
Correct Answer:
B) Forecast cash flow
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Rationale:
Proper cash flow forecasting ensures the company can anticipate funding needs and avoid
insolvency. Failure to plan cash flow is a common reason startups fail.
Question 3
Which of the following involves a firm supplying rights to proprietary ideas or products to other
businesses in exchange for payment?
A) Franchising
B) Licensing
C) Joint venture
D) Acquisition
Correct Answer:
B) Licensing
Rationale:
Licensing allows another business to use intellectual property while the original firm receives
fees or royalties.
Question 4
WGU C208 Change Management and Innovation TEST
2026-2027 COMPLETE 300 QUESTIONS AND VERIFIED
SOLUTIONS LATEST UPDATE THIS YEAR
WGU Change Management and Innovation – C208 TEST
FINAL EXAMINATION
Academic Year: 2026–2027
Exam Title: Change Management and Innovation – Full Test (C208)
Edition: Latest Update This Year
Content: All Questions with Verified Correct Answers
EXAMINATION INSTRUCTIONS
This examination evaluates knowledge and competency in entrepreneurship, organizational
change, innovation, and culture, including: assessing competition, financial planning, licensing,
resource-based theory, organizational culture, models of change, transitional strategies, and
environmental forces.
Each question has one or more correct answers.
Rationales are based on WGU course materials, academic literature on entrepreneurship, and
evidence-based change management frameworks.
,Page 2 of 96
EXAM COVERAGE
• Entrepreneurship and innovation processes
• Assessing competition and financial forecasting
• Licensing and intrapreneurship
• Resource-based theory
• Organizational culture and Competing Values Framework
• First, Second, and Third Order Change Model
• Bridges’ Transitional Model
• Environmental forces and change
• Evaluating new products and market entry strategies
EXAM QUESTIONS
Question 1
What information will an entrepreneur most likely not glean from assessing the competition?
,Page 3 of 96
A) Pricing strategy
B) Market positioning
C) Marketing tactics
D) Their future product plans
Correct Answer:
D) Their future product plans
Rationale:
Competitive analysis can reveal current strategies and tactics but cannot reliably predict
competitors’ future product plans, which are typically confidential.
Question 2
After a year, a start-up venture runs out of funds and must disband. What crucial financial
planning step(s) did the founders most likely fail to do correctly?
A) Conduct a market analysis
B) Forecast cash flow
C) Hire experienced managers
D) Develop a mission statement
Correct Answer:
B) Forecast cash flow
, Page 4 of 96
Rationale:
Proper cash flow forecasting ensures the company can anticipate funding needs and avoid
insolvency. Failure to plan cash flow is a common reason startups fail.
Question 3
Which of the following involves a firm supplying rights to proprietary ideas or products to other
businesses in exchange for payment?
A) Franchising
B) Licensing
C) Joint venture
D) Acquisition
Correct Answer:
B) Licensing
Rationale:
Licensing allows another business to use intellectual property while the original firm receives
fees or royalties.
Question 4
