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WGU C483 PRE ASSESSMENT: PRINCIPLES OF
MANAGEMENT (IAC1) PIAC 2026-2027 QUESTIONS
AND ANSWERS
Attempt #1
Status: Passed
1.
A value chain is the sequence of activities that begins with raw materials.
What result does a value chain end with?
Choose 1 answer
YOUR CORRECT
ANSWER ANSWER
Supply and demand
Operations and logistics
Outsourcing or insourcing
Delivery of products or services
2.
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What happens when an effective value chain is created?
Choose 1 answer
YOUR CORRECT
ANSWER ANSWER
Profit margins are increased.
A mission statement is developed.
Customized products are standardized.
Total quality management is not required.
3.
Industry and market analysis, competitor analysis, and social analysis are
examples of which step in the strategic planning process?
Choose 1 answer
YOUR CORRECT
ANSWER ANSWER
Analysis of mission, vision, and goals
Analysis of management implementation
Analysis of external opportunities and threats
Analysis of internal strengths and weaknesses
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4.
Skilled management, positive cash flow, and well-known brands are examples of
which component of the SWOT analysis?
Choose 1 answer
YOUR CORRECT
ANSWER ANSWER
Threats
Strengths
Weaknesses
Opportunities
5.
What denotes skills or expertise in an activity that constitutes the roots of
competitiveness in an organization?
Choose 1 answer
YOUR CORRECT
ANSWER ANSWER
Strategic values
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Core competencies
Products and services
Opportunities and threats
6.
According to Michael Porter's competitive environment model, how can
suppliers influence strategic planning?
Choose 1 answer
YOUR CORRECT
ANSWER ANSWER
Suppliers can reduce the threat from substitute products.
Suppliers can reduce the numbers of new entrants in the
market.
Suppliers can reduce manufacturing time and increase
product quality.
Supplier can reduce technological, demographic, and
legal threats in the environment.
7.
A company offers unique products in its industry to create a competitive
advantage.
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EMAIL:
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WGU C483 PRE ASSESSMENT: PRINCIPLES OF
MANAGEMENT (IAC1) PIAC 2026-2027 QUESTIONS
AND ANSWERS
Attempt #1
Status: Passed
1.
A value chain is the sequence of activities that begins with raw materials.
What result does a value chain end with?
Choose 1 answer
YOUR CORRECT
ANSWER ANSWER
Supply and demand
Operations and logistics
Outsourcing or insourcing
Delivery of products or services
2.
FOR MORE EXAMS
EMAIL:
,FOR MORE EXAMS
EMAIL:
What happens when an effective value chain is created?
Choose 1 answer
YOUR CORRECT
ANSWER ANSWER
Profit margins are increased.
A mission statement is developed.
Customized products are standardized.
Total quality management is not required.
3.
Industry and market analysis, competitor analysis, and social analysis are
examples of which step in the strategic planning process?
Choose 1 answer
YOUR CORRECT
ANSWER ANSWER
Analysis of mission, vision, and goals
Analysis of management implementation
Analysis of external opportunities and threats
Analysis of internal strengths and weaknesses
FOR MORE EXAMS
EMAIL:
,FOR MORE EXAMS
EMAIL:
4.
Skilled management, positive cash flow, and well-known brands are examples of
which component of the SWOT analysis?
Choose 1 answer
YOUR CORRECT
ANSWER ANSWER
Threats
Strengths
Weaknesses
Opportunities
5.
What denotes skills or expertise in an activity that constitutes the roots of
competitiveness in an organization?
Choose 1 answer
YOUR CORRECT
ANSWER ANSWER
Strategic values
FOR MORE EXAMS
EMAIL:
, FOR MORE EXAMS
EMAIL:
Core competencies
Products and services
Opportunities and threats
6.
According to Michael Porter's competitive environment model, how can
suppliers influence strategic planning?
Choose 1 answer
YOUR CORRECT
ANSWER ANSWER
Suppliers can reduce the threat from substitute products.
Suppliers can reduce the numbers of new entrants in the
market.
Suppliers can reduce manufacturing time and increase
product quality.
Supplier can reduce technological, demographic, and
legal threats in the environment.
7.
A company offers unique products in its industry to create a competitive
advantage.
FOR MORE EXAMS
EMAIL:
