WGU C483 - Principles Of Management Questions And Answers Graded A+.
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WGU C483 - Principles of Management
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WGU C483 - Principles Of Management
WGU C483 - Principles Of Management Questions And Answers Graded A+.
Accommodation - correct answer. A style of dealing with conflict involving cooperation on behalf of the other party but not being assertive about one's own interests
Accountability - correct answer. The expecta...
WGU C483 - Principles Of Management
Questions And Answers Graded A+.
Accommodation - correct answer. A style of dealing with conflict involving cooperation
on behalf of the other party but not being assertive about one's own interests
Accountability - correct answer. The expectation that employees will perform a job,
take corrective action when necessary, and report upward on the status and quality of
their performance
Accounting audits - correct answer. Procedures used to verify accounting reports and
statements
Acquisition - correct answer. One firm buying another
Activity-based costing (ABC) - correct answer. A method of cost accounting designed
to identify streams of activity and then to allocate costs across particular business
processes according to the amount of time employees devote to particular activities
Adapters - correct answer. Companies that take the current industry structure and its
evolution as givens, and choose where to compete
Adverse impact - correct answer. When a seemingly neutral employment practice has
a disproportionately negative effect on a protected group
Advertising support model - correct answer. Charging fees to advertise on a site
Affective conflict - correct answer. Emotional disagreement directed toward other
people
Affiliate model - correct answer. Charging fees to direct site visitors to other
companies' sites
Affirmative action - correct answer. Special efforts to recruit and hire qualified
members of groups that have been discriminated against in the past
After-action review - correct answer. A frank and open-minded discussion of four
basic questions aimed at continuous improvement
,Alderfer's ERG theory - correct answer. A human needs theory postulating that people
have three basic sets of needs that can operate simultaneously (Existence,
Relatedness and Growth)
Arbitration - correct answer. The use of a neutral third party to resolve a labor dispute
Assessment center - correct answer. A managerial performance test in which
candidates participate in a variety of exercises and situations
Assets - correct answer. The values of the various items the corporation owns
Authentic leadership - correct answer. A style in which the leader is true to himself or
herself while leading
Authority - correct answer. The legitimate right to make decisions and to tell other
people what to do
Autocratic leadership - correct answer. A form of leadership in which the leader makes
decisions on his or her own and then announces those decisions to the group
Autonomous work groups - correct answer. Groups that control decisions about and
execution of a complete range of tasks
Avoidance - correct answer. A reaction to conflict that involves ignoring the problem
by doing nothing at all or deemphasizing the disagreement
Balanced scorecard - correct answer. Control system combining four sets of
performance measures: financial, customer, business process, and learning and growth
Balance sheet - correct answer. A report that shows the financial picture of a company
at a given time and itemizes assets, liabilities, and stockholders' equity
Barriers to entry - correct answer. Conditions that prevent new companies from
entering an industry
Behavioral approach - correct answer. A leadership perspective that attempts to
identify what good leaders do—that is, what behaviors they exhibit
Benchmarking - correct answer. The process of comparing an organization's practices
and technologies with those of other companies
Bootlegging - correct answer. Informal work on projects, other than those officially
assigned, of employees' own choosing and initiative
,Boundaryless organization - correct answer. Organization in which there are no
barriers to information flow
Boundary-spanning - correct answer. Interacting with people in other groups, thus
creating linkages between groups
Bounded rationality - correct answer. A less-than-perfect form of rationality in which
decision makers cannot be perfectly rational because decisions are complex and
complete information is unavailable or cannot be fully processed
Brainstorming - correct answer. A process in which group members generate as many
ideas about a problem as they can; criticism is withheld until all ideas have been
proposed
Broker - correct answer. A person who assembles and coordinates participants in a
network
Budgeting - correct answer. The process of investigating what is being done and
comparing the results with the corresponding budget data to verify accomplishments or
remedy differences; also called budgetary controlling
Buffering - correct answer. Creating supplies of excess resources in case of
unpredictable needs
Bureaucratic control - correct answer. The use of rules, regulations, and authority to
guide performance
Business accelerators - correct answer. Organization that provides support and
advice to help young businesses grow
Business ethics - correct answer. The moral principles and standards that guide
behavior in the world of business
Business incubators - correct answer. Protected environments for new, small
businesses
Business plan - correct answer. A formal planning step that focuses on the entire
venture and describes all the elements involved in starting it
Business strategy - correct answer. The major actions by which a business competes
in a particular industry or market
Cafeteria benefit program - correct answer. An employee benefit program in which
employees choose from a menu of options to create a benefit package tailored to their
needs
, Carbon footprint - correct answer. The output of carbon dioxide and other
greenhouses gases
Caux Principles - correct answer. Ethical principles established by international
executives based in Caux, Switzerland, in collaboration with business leaders from
Japan, Europe, and the United States
Centralized organization - correct answer. An organization in which high-level
executives make most decisions and pass them down to lower levels for implementation
Certainty - correct answer. The state that exists when decision makers have accurate
and comprehensive information
Charismatic leader - correct answer. A person who is dominant, self-confident,
convinced of the moral righteousness of his or her beliefs, and able to arouse a sense
of excitement and adventure in followers
Chief information officer (CIO) - correct answer. Executive in charge of information
technology strategy and development
Clan control - correct answer. Control based on the norms, values, shared goals, and
trust among group members
Coaching - correct answer. Dialogue with a goal of helping another be more effective
and achieve his or her full potential on the job
Coalitional model - correct answer. Model of organizational decision making in which
groups with differing preferences use power and negotiation to influence decisions
Cognitive conflict - correct answer. Issue-based differences in perspectives or
judgments
Cohesiveness - correct answer. The degree to which a group is attractive to its
members, members are motivated to remain in the group, and members influence one
another
Collaboration - correct answer. A style of dealing with conflict emphasizing both
cooperation and assertiveness to maximize both parties' satisfaction
Communication - correct answer. The transmission of information and meaning from
one party to another through the use of shared symbols
Comparable worth - correct answer. Principle of equal pay for different jobs of equal
worth
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