WGU FUNDAMENTALS FOR SUCCESS IN BUSINESS PRACTICE EXAM QUESTIONS WITH CORRECT DETAILED ANSWERS | ALREADY GRADED A+<RECENT VERSION>

WGU FUNDAMENTALS FOR SUCCESS IN BUSINESS PRACTICE EXAM QUESTIONS WITH CORRECT DETAILED ANSWERS | ALREADY GRADED A+&lt;RECENT VERSION&gt; 1. Autocratic Leadership - ANSWER A form of leadership in which the leader makes decisions on his or her own and then announces those decisions to the group. 2. Authoritative Leadership - ANSWER -Makes decisions for the group -Staff output is high -Uses coercion (gets people to do things via force or threats) -Communications goes down a chain of command 3. Laissez-faire Leadership - ANSWER A leadership style that leaves much of the business decision-making to the workforce - a 'hands off' approach and the reverse of the autocratic style 4. Participative Leadership - ANSWER Leaders work with team members to make decisions together. They support and encourage them and are more participatory. M3 Followers 5. Selling leadership - ANSWER Leaders are still the decision-makers, but they communicate and work to persuade employees rather than simply direct them. M2 Followers 6. Telling Leadership - ANSWER This is a directive and authoritative approach. The leader makes decisions and tells employees what to do. M1 Followers 7. Delegating Leadership - ANSWER The leader assigns decision-making responsibility to team members but oversees their work. M4 Followers 8. People Oriented Leadership - ANSWER creating overall success by building lasting relationships with employees. This type of leader does care about tasks and schedules, but he/she believes that work culture is more important. 9. Task-oriented Leadership - ANSWER focuses on overall success through the completion of tasks. This type of leader doesn't care as much about relationship building as he/she cares about workers meeting particular goals within a preset time frame. 10. Transactional Leadership - ANSWER leadership based on an exchange process in which followers are rewarded for good performance and punished for poor performance 11. Visionary Leadership - ANSWER leadership that creates a positive image of the future that motivates organizational members and provides direction for future planning and goal setting 12. Transformational Leadership - ANSWER leadership that generates awareness and acceptance of a group's purpose and mission and gets employees to see beyond their own needs and self-interests for the good of the group 13. Servant Leadership - ANSWER focuses on providing increased service to others—meeting the goals of both followers and the organization—rather than to oneself. 14. Passive Aggressive - ANSWER making indirect accusations, showing resentment, procrastination, and other behaviors aimed at thwarting another's resolution of conflict 15. Passive - ANSWER a behavior influenced by intimidation that can often lead to feelings of resentment and victimization 16. Aggressive - ANSWER an aggression-based behavior that employs intimidation and manipulation 17. Assertive - ANSWER Acting with confidence and force; sure of one's self 18. Denotation and Connotation - ANSWER connotation is an implied meaning, denotation is the exact definition 19. Self Regulation - ANSWER the exercise of voluntary control over the self to bring the self into line with preferred standards 20. Moral Identity - ANSWER the aspect of personality that is present when individuals have moral notions and commitments that are central to their lives 21. Machiavellianism - ANSWER the degree to which an individual is pragmatic, maintains emotional distance, and believes that ends can justify means (Manipulative) 22. Inspirational Appeal - ANSWER An influence tactic designed to appeal to one's values and ideals, thereby creating an emotional or attitudinal reaction 23. Rational Persuasion - ANSWER An influence tactic using logical arguments and hard facts to show the target that the request is a worthwhile one 24. Legitamate Power - ANSWER power due to position 25. Reverent power - ANSWER Power earned by those who are respected 26. Beliefs - ANSWER specific ideas that people hold to be true 27. Norms - ANSWER rules and expectations by which a society guides the behavior of its members 28. Culture - ANSWER the enduring behaviors, ideas, attitudes, values, and traditions shared by a group of people and transmitted from one generation to the next 29. Ethics - ANSWER the principles of right and wrong that guide an individual in making decisions 30. Whistle-blowing - ANSWER The disclosure of information by a company insider that exposes illegal or unethical behavior by others within the organization 31. Sheltering - ANSWER protecting 32. Green Washing - ANSWER Deceptive practices used to promote the perception that an organizations product, aims or policies are environmentally friendly 33. Cherry Picking - ANSWER act of pointing at individual cases or data that seem to confirm a particular position, while ignoring a significant portion of related cases or data that may contradict that position 34. Adhocracy Culture - ANSWER (Create) has an external focus and values flexibility 35. Clan Culture - ANSWER (Collaborate) internal focused, values flexibility rather than stability and control, encourages collaboration among employees 36. Hierarchy Culture - ANSWER (Control) has an internal focus and values stability and control over flexibility 37. Market Culture - ANSWER (Compete) has a strong external focus and values stability and control 38. Organizational Culture - ANSWER the set of values, ideas, attitudes, and norms of behavior that is learned and shared among the members of an organization 39. Organizational Leadership - ANSWER the process and practice by key executives of guiding and shepherding people in an organization toward a vision over time and developing that organization's future leadership and organization culture 40. Attrition - ANSWER a gradual reduction or weakening; a rubbing away 41. Attraction - ANSWER something that draws attention 42. Person-Job Fit - ANSWER The degree to which a person's skill, knowledge, abilities, and other characteristics match the job demands. 43. Person-Organization Fit - ANSWER The degree to which a person's values, personality, goals, and other characteristics match those of the organization. 44. Neuroticism - ANSWER degree of emotional instability or stability. Anxious, irritable, and moody. 45. Openness - ANSWER curious, original, creative, and open to new ideas. 46. Extraversion - ANSWER refers to people who are outgoing, talkative, and sociable. 47. Conscientiousness - ANSWER A personality dimension that describes someone who is responsible, dependable, persistent, and organized, punctual, and dependable. 48. Agreeableness - ANSWER tolerant, sensitive, trusting, and kind. 49. What are VALUES? - ANSWER The core beliefs that guide decisions and behavior, helping individuals distinguish right from wrong. 50. What are MORALS? - ANSWER Specific rules derived from core values that guide our actions. Shared values within a community. 51. What are ETHICS? - ANSWER Guidelines, often referred to as code of conduct, that organizations use to shape behavior based on shared values. 52. What is a Code of Conduct? - ANSWER A set of guidelines and standards that outline the expected behavior, ethical practices, and responsibilities of individuals within an organization, ensuring consistency, professionalism, and integrity in their action. 53. What are some traits of businesses that utilize Organizational Ethics? - ANSWER Better reputation, stronger customer loyalty, stakeholder trust, often lead the way in making the world a better place. 54. What are the 4 main levels of ethical issues within organizations? - ANSWER 1.) Societal Issues (environmental) 2.) Stakeholder Issues (policies that affect customers, employees, suppliers, and people within the community) 3.) Internal Policy Issues (the relationship between the company and its employees) 4.) Personal Issues (interactions between people within the organization. Gossip) 55. What's the relationship between laws and personal ethics? - ANSWER For issues that law doesn't cover, sometimes personal ethics can fill the void. 56. What are STAKEHOLDERS? - ANSWER Individuals or groups affected by a decision, such as employees, customers, investors, and the community. 57. What are some traits of businesses with questionable ethics? - ANSWER Dwindling customer bases, employee turnover, investor mistrust, fines and lawsuits. 58. What is the Ethics and Compliance Initiative (ECI)? - ANSWER It suggest that the ethical tone of a business is set by the organizational leadership. 59. Where to ethics and integrity tend to start (or fail)? - ANSWER At the top and then it "trickles" down. 60. What happens if executives set unrealistic goals and failure carries severe personal consequences? - ANSWER Employees may feel pressured to compromise ethical standards. 61. What does CSR stand for? - ANSWER Corporate Social Responsibility 62. What is the purpose of CSR? - ANSWER Focuses on showing how businesses can positively impact society through activities like charity work, volunteering, environmental projects, and humanitarian efforts. Businesses show CSR even if the ethical solution might also generate a loss for the organization. 63. Who does CSR more benefit? - ANSWER Stakeholders with less influence, like people living near corporate offices or factories.