WGU C483 (C483)
Western Governors University
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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
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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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WGU C483 Practice Test Questions and Answers 100% Pass
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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...
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WGU C483 Pre Assessment Questions and Answers Already Passed
- Exam (elaborations) • 29 pages • 2023
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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 subordinates 
Coordinating work with several departments 
Devel...
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WGU C483 Principals of Management Latest 2022 Graded A+
- Exam (elaborations) • 21 pages • 2023
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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...
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WGU C483 Principles of Management Latest 2022 Already Passed
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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 ...
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WGU C483 Principles of Management Practice Questions and Answers 100% Pass
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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 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...
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WGU C483 Principles of Management Questions and Answers with Complete Solutions
- Exam (elaborations) • 33 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 
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...
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WGU C483 Test Prep - Principles of Management – Latest 2022 Graded A
- Exam (elaborations) • 32 pages • 2023
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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...
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