WGU D073 (WGUD073)

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 subordinates Coordinating work with several departments De...

Vision clear, distinctive, and specific view of what a company would like to achieve in the future, broad description of the value an organization offers instead of a list of specific targets mission statement describes what the organization needs to do now to achieve the vision innate attributes natural abilities Vision Statement A company owner writes a detailed and clear picture of what the company will look like five years from now. What is he/she defining to the employees? rewa...

Learning organization - Answer The business term given to a company that facilitates the learning of its members and continually transforms itself Liabilities - Answer State of responsibility for something. What an organization or individual owes; may include a requirement to pay cash, transfer assets, or provide services to someone else. Managerial accounting - Answer Also called cost accounting, a means of using accounting to align processes with the organization's goals. It is intended...

Delivering value is the primary job of a project manager. The critical thing to remember is that value is determined by the customer and then flows back to all participants, shaping all project activities. - Answer Budgeting should be an iterative process in which the estimates become more and more accurate as you get to the completion of the project. - Answer Budgets can be used for control, as a communication tool, and to get stakeholder buy-in for a project. - Answer What do job costin...

WGU D073 Final Exam Questions With Answers | Verified, Graded A+ 2023/2024.An individual over-reported the company's income to increase the stock value. This led to the loss of trust among shareholders and an investigation by the Securities and Exchange Commission (SEC). How should this leader's action be characterized? four fundamental management functions - Answer planning, organizing, leading, and controlling organizing - Answer involves using resources in the most effective way, assi...

WGU D073 Final Exam Questions with Correct Answers 2023/2024 (Already Graded A+). Best Practices in Management: Projects, Staffing, Scheduling and Budgeting. Differentiated / differentiation - Answer A specialized product that is created to attain a competitive advantage in a specific segment of the market; Coach handbags margins are high due to the markup on each bag to cover marketing costs rather than production Dividends - Answer A sum of money paid regularly by a company to its sharehol...

WGU D073 OA Final Exam Questions with Correct Answers 2023/2024 (Already Graded A+). Realistic from smart goals which should be used when planning operational objectives defines as what? - Answer operational objectives should be acceptable, agreed upon, stretching. Time-bound from smart goals which should be used when planning operational objectives defines as what? - Answer operational objective should be tangible, have a deadline, or schedule. What are the 5 Steps of Project management -...

WGU D073 Final Exam Questions With Answers (Already Graded A+ 2023/2024). legitimate power - Answer A manager asks an employee to take on extra work and the individual asks why that is necessary. In response, the manager simply points at the position title on the nameplate sitting on his desk and says, "That's why." Which source of power is this manager displaying? unethical - Answer An individual over-reported the company's income to increase the stock value. This led to the loss of tr...

WGU D073 Exam Questions with Answers Rated A+ (Best Practices in Management: Projects, Staffing, Scheduling and Budgeting) Cloud Technologies - Answer Any hosted services delivered over the internet. There are three broad groups of services: Infrastructure as a Service (IaaS), Platform as a Service (PaaS), and Software as a Service (SaaS) Commodity - Answer A raw material or primary agricultural product that can be bought or sold. A commodity is a basic good used in commerce that is interch...