Wgu c483 principles of Study guides, Class notes & Summaries

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 effectiv...

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...

WGU C483 PRINCIPLES OF MANAGEMENT OA FINAL EXAM ACTUAL EXAM LATEST TESTBANK COMPLETE 300 QUESTIONS AND CORRECT VERIFIED SOLUTIONS LATEST

WGU C483 PRINCIPLES OF MANAGEMENT OA FINAL EXAM ACTUAL EXAM 2 LATEST VERSIONS TESTBANK ALL 400 QUESTIONS AND CORRECT DETAILED SOLUTIONS LATEST

WGU C483 Principles of Management Test Prep Test with Solutions 20224 Graded 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...

Describe strategic planning ANSWER: Making decisions about the organization's long-term goals and strategies Describe strategic goals ANSWER: major target long-term goals that are effective and efficient describe strategy ANSWER: 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 o...

WGU C483 Principles Of Management Practice Questions And Answers Rated A+

Activity-Based costing (ABC) Ans: 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 activities Adapters Ans: Companies that take the current industry structure and its evolution as givens, and choose where to compete. Adverse impact Ans: When a seemingly neutral employment practice has a disproportionately negative effect on a protected group. Ad...

WGU C483 Principles of Management 2023 (Full).

WGU C483 Principles Of Management Practice Questions And Answers