age 1 of 49
WGU D081 Innovative and Strategic Thinking
OBJECTIVE ASSESSMENT ACTUAL EXAM 2025/2026
COMPLETE QUESTIONS WITH VERIFIED CORRECT
ANSWERS || 100% GUARANTEED PASS <NEWEST
VERSION>
Which factor represents a business opportunity in a SWOT
analysis? .......Answer.........Increased Demand
A business owner conducts a SWOT analysis and recognizes an
opportunity. She plans to design a product to capture the
market opportunity and wants to determine if the item will
generate the customer interest identified in the analysis.
Which action should she take to obtain this information?
.......Answer.........Test Viability
,age 2 of 49
Key Point .......Answer.........A SWOT analysis is a structured
decision-making tool used for strategic planning. It allows a
business to brainstorm possible strengths, weaknesses,
opportunities, or threats that it may not have previously
considered.
Key Point .......Answer.........A SWOT analysis helps the analyzer
feel more confident that a complete picture has been developed
before making a decision. Soliciting input from many
stakeholders can also provide a more detailed snapshot of the
current state of a business in a competitive environment. The
Ryans, for example, might not have considered making and
selling cheese as a possible option for their business without
taking the time to develop thoughtful questions and then
research answers.
,age 3 of 49
Key Point .......Answer.........All business owners evaluate the
current fit between their businesses' current internal environment
and the external environment in which it competes.
Key Point .......Answer.........When doing a SWOT analysis, the
analyzer needs to list all feasible possibilities and refrain from
dismissing any early on in the process. A business owner may
find that an option that seemed too risky or outrageous initially
may be the best choice with the addition of the necessary
technology or equipment.
Initiative .......Answer.........An organizational priority that
identifies a direction or strategic area of focus
Innovation .......Answer.........Process of developing and
implementing a new product or process that delivers value to
users or customers
, age 4 of 49
Iterative .......Answer.........Repeated cycles that increasingly
approach the desired result
Creativity .......Answer.........Generation of novel or unique ideas
Critical Thinking .......Answer.........Disciplined process of rational,
evidenced-based, and open-minded thinking that involves
analysis and evaluation of inputs to reach an answer
Market Share .......Answer.........The percentage of sales in a
market controlled by a particular company or product
Customer Value .......Answer.........The benefit (vs. cost) a customer
receives from a product or service offering
Product Innovations .......Answer.........New or improved goods or
services offered to the market
WGU D081 Innovative and Strategic Thinking
OBJECTIVE ASSESSMENT ACTUAL EXAM 2025/2026
COMPLETE QUESTIONS WITH VERIFIED CORRECT
ANSWERS || 100% GUARANTEED PASS <NEWEST
VERSION>
Which factor represents a business opportunity in a SWOT
analysis? .......Answer.........Increased Demand
A business owner conducts a SWOT analysis and recognizes an
opportunity. She plans to design a product to capture the
market opportunity and wants to determine if the item will
generate the customer interest identified in the analysis.
Which action should she take to obtain this information?
.......Answer.........Test Viability
,age 2 of 49
Key Point .......Answer.........A SWOT analysis is a structured
decision-making tool used for strategic planning. It allows a
business to brainstorm possible strengths, weaknesses,
opportunities, or threats that it may not have previously
considered.
Key Point .......Answer.........A SWOT analysis helps the analyzer
feel more confident that a complete picture has been developed
before making a decision. Soliciting input from many
stakeholders can also provide a more detailed snapshot of the
current state of a business in a competitive environment. The
Ryans, for example, might not have considered making and
selling cheese as a possible option for their business without
taking the time to develop thoughtful questions and then
research answers.
,age 3 of 49
Key Point .......Answer.........All business owners evaluate the
current fit between their businesses' current internal environment
and the external environment in which it competes.
Key Point .......Answer.........When doing a SWOT analysis, the
analyzer needs to list all feasible possibilities and refrain from
dismissing any early on in the process. A business owner may
find that an option that seemed too risky or outrageous initially
may be the best choice with the addition of the necessary
technology or equipment.
Initiative .......Answer.........An organizational priority that
identifies a direction or strategic area of focus
Innovation .......Answer.........Process of developing and
implementing a new product or process that delivers value to
users or customers
, age 4 of 49
Iterative .......Answer.........Repeated cycles that increasingly
approach the desired result
Creativity .......Answer.........Generation of novel or unique ideas
Critical Thinking .......Answer.........Disciplined process of rational,
evidenced-based, and open-minded thinking that involves
analysis and evaluation of inputs to reach an answer
Market Share .......Answer.........The percentage of sales in a
market controlled by a particular company or product
Customer Value .......Answer.........The benefit (vs. cost) a customer
receives from a product or service offering
Product Innovations .......Answer.........New or improved goods or
services offered to the market
