WGU C483 (C483)
Western Governors University
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WGU C483 Principles of Management Final Exam Study Guide Questions and Answers Verified 2024/2025
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Accommodation - A style of dealing with conflict involving cooperation on behalf 
of the other party but not being assertive about one's own interests 
Accountability - 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 - Procedures used to verify accounting reports and statements 
Acquisition - One firm buying another 
Activity-based costing (ABC) - A method of cost acco...
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WGU C483 Principles of Management Final Exam Questions and Answers 2024 Verified
- Exam (elaborations) • 37 pages • 2024
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Accommodation - A style of dealing with conflict involving cooperation on behalf 
of the other party but not being assertive about one's own interests 
Accounting audits - Procedures used to verify accounting reports and statements 
Acquisition - One firm buying another 
Activity-Based costing (ABC) - A method of cost accounting designed to identify 
streams of activity and then to allocate costs across particular business processes 
according to the mount of time employees devote to particular...
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WGU C483 Principles of Management Exam Questions and Verified Answers
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A value chain is the sequence of activities that begins with raw materials. 
What result does a value chain end with? - Delivery of products or services 
what happens when an effective value chain is created - profit margins are 
increased 
industry and market, competitor analysis, and social analysis are examples of 
which step in strategic planning process - Analysis of external opportunities and 
threats 
Skilled management, positive cash flow, and well-known brands are examples of 
which com...
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WGU C483 Principles of Management MGMT 3140 Chapter 14 Teamwork
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Accommodation - a style of dealing with conflict involving cooperation on behalf 
of the other party but not being assertive about one's interests. 
Autonomous work groups - groups that control decisions about and execution of a 
complete range of tasks. 
Avoidance - a reaction to conflict that involves ignoring the problem by doing 
nothing at all, or deemphasizing the disagreement. 
Boundary-spanning - interacting with people in other groups, thus creating 
linkages between groups 
Cohesivene...
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WGU C483 Principles of Management Test 4 Questions and Answers
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WGU C483 Principles of Management Exam Questions and Answers
- Exam (elaborations) • 12 pages • 2024
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Summarize the basic steps in any planning process. 
Planning process begins with a situation analysis of the external and internal 
forces. This helps ID and diagnose issues and can bring alternative goals and plans. 
The advantages and disadvantages should be compared 
implementing goals and plans involves communication to the employees allocating 
resources and making certain other systems such as rewards and budget support the 
plan. 
Control systems to monitor 
Mission 
An organization's ba...
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WGU c483 Bundled Exams with Complete Solution | Verified | Everything you Need!!
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WGU c483 Bundled Exams with Complete Solution | Verified | Everything you Need!!
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WGU C483 Pre assessment Questions and answers, 100% Accurate. Rated A+ 2024 | 46 Pages
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A manager is asked to initiate activities that will support environmental scanning.Which activity should 
be used by this manager for this purpose? 
Reviewing production 
Monitoring competitors 
Setting the advertising budget 
Implementing a new program - -Monitoring competitors 
A manager, who is acting as an internal consultant, is asked for a product recommendation. Which 
activity is this manager performing? 
Overseeing the work of subordinatesCoordinating work with several departments 
Deve...
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WGU C483 Chapter 4, Top Exam Questions and answers, VERIFIED 2024
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weakness and a threat - -In a SWOT analysis, the absence of reliable suppliers would be considered 
as a(n) 
decision-making - -The planning process is similar to the ______ process in that both have a series of 
steps that are typically repeated in a cycle 
Macroeconomic analysis - -________ is considered as an activity of the external environment of an 
organization 
Strategy implementation - -Which of the following takes place after a firm formulated its strategy 
Planning - -________ provide...
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WGU C483 - Principles of Management Questions and Answers 100% Pass
- Exam (elaborations) • 42 pages • 2023
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Accommodation A style of dealing with conflict involving cooperation on behalf of the other 
party but not being assertive about one's own interests 
Accountability 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 Procedures used to verify accounting reports and statements 
Acquisition One firm buying another 
Activity-based costing (ABC) A method of cost accounting desi...
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