WGU C483

WGU C483 1.)The planning level with the shortest time horizon is known as _____ planning. A)operational B)tactical C)managerial D)developmental E)vertical A 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 D 3.)In a SWOT analysis, the absence of reliable suppliers would be considered ...

WGU C483 - Principles of Management 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 Acti...

C483 Principles of Management Study Guide Final Latest Update 2024 WGU

Conceptual and decision skills Skills pertaining to the ability to identify and resolve problems for the benefit of the organization and its members. Controlling The management function of monitoring performance and making needed changes. Cost competitiveness Keeping costs low to achieve profits and be able to offer prices that are attractive to consumers. Emotional intelligence The skills of understanding yourself, managing yourself, and dealing effectively with others. Fron...

WGU C483 Test Prep - Principles of Management 2023|24 latest update rated A+ Delivery of products or services A value chain is the sequence of activities that begins with raw materials. What result does a value chain end with? Choose 1 answer Supply and demand Operations and logistics Outsourcing or insourcing Delivery of products or services Profit margins are increased. What happens when an effective value chain is created? Choose 1 answer Profit margins are increased. A mission s...

WGU C483 Test Prep - Principles of Management 2023|24 latest update rated A+ Delivery of products or services A value chain is the sequence of activities that begins with raw materials. What result does a value chain end with? Choose 1 answer Supply and demand Operations and logistics Outsourcing or insourcing Delivery of products or services Profit margins are increased. What happens when an effective value chain is created? Choose 1 answer Profit margins are increased. A mission s...

WGU C483 Test Prep - Principles of Management 2023|24 latest update rated A+ Delivery of products or services A value chain is the sequence of activities that begins with raw materials. What result does a value chain end with? Choose 1 answer Supply and demand Operations and logistics Outsourcing or insourcing Delivery of products or services Profit margins are increased. What happens when an effective value chain is created? Choose 1 answer Profit margins are increased. A mission s...

WGU C483 Test Prep - Principles of Management 2023|24 latest update rated A+ Delivery of products or services A value chain is the sequence of activities that begins with raw materials. What result does a value chain end with? Choose 1 answer Supply and demand Operations and logistics Outsourcing or insourcing Delivery of products or services Profit margins are increased. What happens when an effective value chain is created? Choose 1 answer Profit margins are increased. A mission s...

Bureaucratic control deals with: - Answer rules and regulations. Which type of control system depends on pricing mechanisms and economic information to regulate activities within an organization? - Answer Market control _____ control systems are designed to measure progress toward set performance goals, and if necessary, to apply corrective measures to ensure that performance achieves managers' objectives. - Answer Bureaucratic The principle of _____ states that only cases with...