WGU C483 (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 as a(n): A)weakness and a thr...

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 Devel...

vision statement where the organization wants to be in the future Mission Statement what the organization needs to do now to achieve the vision "Great Man" theory certain traits determine good leadership behavioral theory behaviors are conditioned as a result of the environment contingency theory based on the idea that leadership styles are situational transactional theory goals between the organization and individual must be aligned; reward system full-range theory a component of trans...

Describe strategic planning Making decisions about the organization's long-term goals and strategies Describe strategic goals major target long-term goals that are effective and efficient describe strategy pattern of actions and resource allocations designed to achieve the goals of the organization. 1. Where will we be active? 2. How will we get there (increase sales or acquire another company)? 3. How will we win the in the marketplace (keep prices low or offer the best service)? 4. how ...

A value chain is the sequence of activities that begins with raw materials. What result does a value chain end with? delivery of products and 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 exteral opportunities and threats skilled management, positive cash flow, and well known brands are examples of which component o...

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 activit...

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 statement is developed. Customized products are standardized. Total quality ma...

Industry and market analysis, competitor analysis, and social analysis are examples of which step in the strategic planning process? - Analysis of external opportunities and threats Skilled management, positive cash flow, and well-known brands are examples of which component of the SWOT analysis? - Strengths What denotes skills or expertise in an activity that constitutes the roots of competitiveness in an organization? - Core competencies According to Michael Porter's competitive environ...

Bureaucratic control deals with: - rules and regulations. Which type of control system depends on pricing mechanisms and economic information to regulate activities within an organization? - 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. - Bureaucratic The principle of _____ states that only cases with significant deviation from the...

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 Dev...