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Principles of Management Practice C483 WGU questions and answers 2025 latest update.
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Principles of Management Practice C483 WGU questions and answers 2025 latest update.
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Principles of ManagementPractice C483 WGU questions
and answers 2025 latest
update
A value chain is the sequence of activities that begins with raw materials.
What result does a value chain end with? - answer delivery of products
and services
what happens when an effective value chain is created - answer profit
margins are increased
industry and market, competitor analysis, and social analysis are
examples of which step in strategic planning process - answer analysis of
exteral opportunities and threats
skilled management, positive cash flow, and well known brands are
examples of which component of the SWOT analysis - answer strengths
what denotes skill or expertise in an activity that constitutes the roots of
competitiveness in an organization - answer core competencies
according to michael porters competitive environment model, how can
suppliers influence strategic planning - answer uppliers can reduce
manufacturing time and increase product quality
a company offers unique products in its industry to create a competitive
advantage. which type of strategy is the company using - answer
customization
happy inc., is a leading provider of family entertainment and BCD is a
broadcasting company with news, cable and entertainment networks.
, happy inc., recently acquired BCD in hopes of boosting its primary
business of family entertainment. which type of corporate strategy is
represented by happy inc.'s purchase of their distribution network -
answer vertical integration
what is the first step of organizational strategic planning? - answer
developing internal strengths
a local business has provided services to its customers for 40 years. the
business's mission is "to give our customers the best service in town" the
owner of the business has had a long-standing dream to franchise the
business and become the best provider of its services in the united states.
what describes the owners dream? - answer strategic planning
the introduction of statistical tools to analyze the causes of product
defects is associated with which quality improvement approach? - answer
six sigma
what is the principal idea of reengineering - answer to revolutionize key
organizational systems and processes
what designates those who take hands-on responsibility for creating
innovation such as new ideas, products or methods within an organization
- answer intrapreneuer
how many defects per million are there at six sigma, assuming a product
or process is defect free 99.9999966% of the time? - answer 3.4 defects
per million
why is innovation an important element of entrepreneurship - answer
creates unique and different prioducts and services...
a company is trying to systematically improve processes by eliminating
noncomformity of their products to product specifications. the company
believes their continuous effort to reduce variation in their process
outputs is key to their business success - answer six sigma
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