WGU C201 BUSINESS ACUMEN NEW VERSION ACTUAL EXAM QUESTIONS AND 100% COMPLETE SOLUTION A+GRADE GUARANTEED
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Course
WGU C201 BUSINESS ACUMEN
Institution
WGU C201 BUSINESS ACUMEN
What is Management? -CORRECT ANSWER ️Management is the
process of achieving Organizational objectives through people and other
resources. The Manager's job is to combine Human and Technical
resources in the best way possible to achieve the company's goals.
How do the jobs of top managers, ...
WGU C201 BUSINESS ACUMEN NEW VERSION
2024- 2026 ACTUAL EXAM QUESTIONS AND
100% COMPLETE SOLUTION A+GRADE
GUARANTEED
What is Management? -CORRECT ANSWER ✔️Management is the
process of achieving Organizational objectives through people and other
resources. The Manager's job is to combine Human and Technical
resources in the best way possible to achieve the company's goals.
How do the jobs of top managers, middle managers, and supervisory
managers differ? -CORRECT ANSWER ✔️Top managers design long
term plans, set a direction for their organization and inspire all employees
to achieve the company's vision. Middle managers focus on the specific
mission and operations, products, or customers. They develop procedures
to implement the company's strategic plans. Supervisory interact directly
with non-management employees, who produce and sell the companies
goods and services. They are responsible for implementing the plans
developed by middle managers and motivating workers to accomplish
daily, weekly, and monthly goals.
,What is the relationship between the managers planning and controlling
functions? -CORRECT ANSWER ✔️Controlling assess the success of the
planning function. Controlling also produces feedback for the next round of
planning.
What is meant by a vision for the company? -CORRECT ANSWER ✔️A
vision serves as a target for the company's actions, helping direct the
company towards opportunities and differentiating it from its competitors.
Why is it important for a top executive to set high ethical standards? -
CORRECT ANSWER ✔️High ethical standards often result in a stable
workforce, job satisfaction, and customer loyalty.
Outline the planning process. -CORRECT ANSWER ✔️Some plans are
very broad and long range, focusing on key organizational objectives;
others are more detailed and specify how particular objectives will be
achieved. From the mission statement to objectives to specific plans, each
phase must fit into comprehensive planning framework.
, Describe the purpose of tactical planning. -CORRECT ANSWER ✔️The
purpose of tactical planning is to determine which short-term activities
should be implemented to accomplish the companies overall strategy.
Compare the kinds of plans made by top managers and middle managers.
-CORRECT ANSWER ✔️Top managers focus on long-range, strategic
plans. In contrast, middle-level managers focus on short term tactical
planning.
What is the purpose of a mission statement? -CORRECT ANSWER ✔️A
mission statement is a companies written explanation of its purpose, the
reason it exists, the customers it will serve, and how it is different from its
competitors. A mission statement guides the actions of its company,
managers, and employees.
Which of a company's characteristics does a SWOT analysis compare? -
CORRECT ANSWER ✔️Strength, Weaknesses, Opportunities and
Threats Compared to its competitors.
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