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WGU C483 PRINCIPLES OF MANAGEMENT OA FINAL EXAM ACTUAL EXAM 2 LATEST VERSIONS TESTBANK ALL 400 QUESTIONS AND CORRECT DETAILED SOLUTIONS LATEST $21.99   Add to cart

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WGU C483 PRINCIPLES OF MANAGEMENT OA FINAL EXAM ACTUAL EXAM 2 LATEST VERSIONS TESTBANK ALL 400 QUESTIONS AND CORRECT DETAILED SOLUTIONS LATEST

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WGU C483 PRINCIPLES OF MANAGEMENT OA FINAL EXAM ACTUAL EXAM 2 LATEST VERSIONS TESTBANK ALL 400 QUESTIONS AND CORRECT DETAILED SOLUTIONS LATEST

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  • September 2, 2024
  • 141
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • wgu c483
  • wgu c483
  • WGU C483
  • WGU C483
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WGU C483 PRINCIPLES OF MANAGEMENT OA FINAL EXAM ACTUAL
EXAM 2 LATEST VERSIONS TESTBANK ALL 400 QUESTIONS AND
CORRECT DETAILED SOLUTIONS LATEST 2024-2025
WGU C483 PRINCIPLES OF MANAGEMENT OA FINAL EXAM 1

1.)The planning level with the shortest time horizon is known as _____ planning.

A)operational

B)tactical

C)managerial

D)developmental

E)vertical - ANSWER-A.) Operational




Q: 2.)The planning process is similar to the _____ process in that both have a series of steps
that are typically repeated in a cycle.

A)strategy-mapping

B)tactical alignment

C)goal-setting

D)decision-making

E)environmental analysis - ANSWER-D.) Decision-making




Q: 3.)In a SWOT analysis, the absence of reliable suppliers would be considered as a(n):


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A)weakness and a threat.

B)weakness.

C)strength.

D)opportunity.

E)threat. - ANSWER-B.) Weakness




Q: 4.)A _____ system is a component of the strategic management process designed to
support managers in evaluating the organization's progress

with its strategy and, when discrepancies exist, taking corrective action.

A)span of control

B)strategic control

C)strategic support

D)dynamic network

E)strategic integration - ANSWER-B.) Strategic Control




Q: 5.)The strategy an organization uses to build competitive advantage by being unique in its
industry or market segment along one or more

dimensions is known as a(n) _____ strategy.

A)integrated

B)differentiation

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C)functional

D)low-cost

E)concentration - ANSWER-B.) Differentiation




Q: 6.)Which of the following is one among the six components of the strategic management
process?

A)Skill improvement plan

B)Technology assessment

C)Stakeholder analysis

D)SWOT analysis

E)Stockholder reporting - ANSWER-D.) SWOT Analysis




Q: 7.)Which of the following takes place after a firm formulates its strategy?

A)Establishment of mission, vision, and goals

B)Analysis of external opportunities and threats

C)Strategy implementation

D)Analysis of internal strengths and weaknesses

E)SWOT analysis - ANSWER-C.) Strategy Implementation




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Q: 8.)A vertical integration strategy is a strategy:

A)used to add new businesses that produce related products or are involved in related markets
and activities.

B)that involves expanding the domain of the organization into supply channels or to
distributors.

C)employed for an organization that operates a single business and competes in a single
industry.

D)used to add new businesses that produce unrelated products or are involved in unrelated
markets and activities.

E)an organization uses to build competitive advantage by being unique in its industry or market
segment along one or more dimensions. - ANSWER-B.) That involves expanding the domain of
the organization into supply channels or to distributors.




Q: 9.)_____ is considered as an activity of the external environment of an organization.

Refer To: Table 4.1

A)Human resources assessment

B)Financial analysis

C)Marketing Audit

D)Macroeconomic Analysis

E)Operations Analysis - ANSWER-D.) Macroeconomics Analysis




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