WGU C201 (C201)

A company might divide itself into smaller groups that best match the types of customers it service. this is an example of - Departmentalization A company wishes to determine if it should fund a project with bonds or equity. Which business concept would it most likely use to assist in the decision? - Leverage A customer has purchased a product twice and intends to do so again. Which stage of brand loyalty is this customer in? - Brand preference A high tech startup company is launching a ma...

Which part of the organizing process aids in effective and efficient progress toward planned goals and often results in changes within the organization? - Evaluating results What is the result of a company increasing the delegation of authority and the span of control? - Increased decision-making authority given to employees Which two key elements does an effective organization include? - Human interaction; Structure Why does a line organizational structure function most effectively in a cr...

The achievement of organizational objectives through the use of people and other resources. The skills and principles of management apply in both profit and not-for-profit organizations. - -Management ______ has three levels: top, middle, and supervisory management. Top management sets the long-term direction, vision, and values of the organization. Middle managers focus on specific operations, products, or customer groups and implement strategic plans. Supervisory managers are responsible f...

The achievement of organizational objectives through the use of people and other resources. The skills and principles of management apply in both profit and not-for-profit organizations. - -Management ______ has three levels: top, middle, and supervisory management. Top management sets the long-term direction, vision, and values of the organization. Middle managers focus on specific operations, products, or customer groups and implement strategic plans. Supervisory managers are responsible f...

Which part of the organizing process aids in effective and efficient progress toward planned goals and often results in changes within the organization? - -Evaluating results What is the result of a company increasing the delegation of authority and the span of control? - - Increased number of direct reports per manager Which two key elements does an effective organization include? - -Human interaction, structure Why does a line organizational structure function most effectively in a crisis...

brand name - -A good ______ is easy to recognize, pronounce, remember, should attract attention and suggest product image, and be legally protectable brand - -A______ is a name, term, sign, symbol, design, or some combination thereof used to identify a product or service product - -A _________ is a bundle of physical, service, and symbolic attributes designed to satisfy customer wants product life cycle - -The ________ begins in the introduction stage, proceeds through growth and maturity...

WGU C201 Chapter 10, Exam Questions and answers, 100% Accurate, VERIFIED 2024

Directing - -(_____) is the management function of guiding and motivating employees to accomplish the organization's objectives. Vision - -(_____) is the perception of marketplace needs and methods by which an organization can satisfy them. Management - -(_____) is the achievement of organizational objectives through people and other resources. Mission statement - -The written statement of an organization's overall intentions and aims is called a (_____). Organizing - -The blending of ...

WGU C201 BUSINESS ACUMEN EXAM QUESTIONS AND CORRECT ANSWERS 2023. 1. Which part of the organizing process aids in effective and efficient progress toward planned goals and often results in changes within the organization? a. Evaluating results 2. What is the result of a company increasing the delegation of authority and the span of control? a. Increased number of direct reports per manager 3. Which 2 key elements does an effective organization include? a. Human interaction, structure 4...