Wgu c201 business accumen Study guides, Class notes & Summaries

WGU C201 Business Acumen, Top Exam Questions and answers, 100% Accurate. VERIFIED

WGU C201 Business Acumen. Exam Questions and answers, 100% Accurate. VERIFIED

WGU C201 Business Acumen. Exam Questions and answers, 100% Accurate. VERIFIED.

WGU C201 BUSINESS ACUMEN| 100 Questions| What is Management? - 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? - ANSWER Top managers design long term plans, set a direction for their organization and inspire all employees to achieve ...

What are the two types of divestitures? - ANSWER A sell-off is a divestiture in which assets are sold to another company. In a spin-off, a new company is created from the assets divested. Shareholders of the divesting company become shareholders of the new company as well. What is an LBO? - ANSWER a leveraged buyout is a transaction in which public shareholders are bought out, and the company reverts to private status. LBOs are usually finance with large amounts of borrowed money. Define s...

WGU C201 Business Acumen. Exam Questions and answers, 100% Accurate. VERIFIED. Which part of the organizing process aids in effective and efficient progress toward planned goals and often results in changes within the organization? - -Evaluating results What is the result of a company increasing the delegation of authority and the span of control? - - Increased number of direct reports per manager Which two key elements does an effective organization include? - -Human interaction, stru...

WGU C201 Business Acumen, Exam Questions answers, 100% accurate. VERIFIED. Which part of the organizing process aids in effective and efficient progress toward planned goals and often results in changes within the organization? A. Promoting vision B. Evaluating results C. Turning strategy into action D. Determining the specific activities - -B. Evaluating results What is the result of a company increasing the delegation of authority and the span of control? A. Centralized decision m...

What is Management? - 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? - 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 fo...

Production - ANSWER Begins with inputs + add value = produce a good or service. Operations Management - relates to this process. Why is production such an important business activity? - ANSWER Without products to sell, companies cannot generate money. Goal: lower the cost of production, boost the quality of goods and services, respond dependably to customers, and continuously improve. In what ways does production create value for the company and its customers? - ANSWER Can lower produc...