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Exam WGU Principles-of-Management Details & Principles-of-Management Exams Collection
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Complete Exam Principles-of-Management Details | Easy To Study and Pass Exam at first attempt & Correct Principles-of-Management: Principles of Management at Western Governors University(IAC1)
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WGU Principles of Management at Western Governors University(IAC1) Sample Questions (Q32-Q37):
NEW QUESTION # 32
Wardrobe Web. Inc., wants to analyze defects such as late delivery, wrong shipment, and poor customerservice. Which process should the company use? Choose 1 answer
- A. Statistical analysis
- B. Objective analysis
- C. Job analysis
- D. Social constructivist analysis
Answer: A
Explanation:
Wardrobe Web, Inc. should use statistical analysis to analyze defects such as late delivery, wrong shipment, and poor customer service. Statistical analysis involves collecting and analyzing data to identify trends, patterns, and root causes of issues. It helps in making informed decisions to improve quality and efficiency by addressing the identified defects.
NEW QUESTION # 33
What is the last step in strategic planning? Choose 1 answer
- A. Strategy formulation
- B. Strategic control
- C. SWOT analysis
- D. Goal setting
Answer: B
Explanation:
The last step in the strategic planning process is strategic control. This involves monitoring and evaluating the execution of the strategic plan to ensure that the organization is achieving its objectives and making necessary adjustments.
* Strategic Management Process:
* The strategic management process includes developing the firm's vision and mission, strategic analysis, setting objectives, creating and implementing strategies, and finally, measuring and evaluating performance.
* Strategic control is the step where managers assess whether the strategies and plans are being effectively implemented and whether they are leading the organization towards its goals.
* Purpose of Strategic Control:
* It ensures that the organization is moving in the right direction and that the strategic plans are yielding the desired outcomes.
* It involves setting performance standards, measuring actual performance, comparing it with the standards, and taking corrective actions if necessary.
* Components of Strategic Control:
* Performance Measurement: This involves tracking the progress of strategy implementation through key performance indicators (KPIs).
* Feedback and Adjustment: Based on performance data, managers provide feedback and make adjustments to strategies to address any deviations from the planned objectives.
NEW QUESTION # 34
A computer manufacturer purchases the company that supplies computer chips for the company. Which type of corporate strategy is the company using? Choose 1 answer
- A. Domain selection
- B. Strategic alliance
- C. Vertical integration
- D. Conglomerate diversification
Answer: C
Explanation:
When a computer manufacturer purchases the company that supplies computer chips for the company, it is using a vertical integration strategy. Vertical integration involves expanding a company's operations into different stages of production within the same industry, such as acquiring suppliers or distributors, to increase control over the supply chain and reduce costs.
NEW QUESTION # 35
Equal employment opportunity laws were designed to ensure that people are considered for employment without regard to certain traits. Which traits are protected by these laws? Choose 1 answer
- A. Criminal record, race, and gender
- B. National origin, race, and education
- C. Race, religion, and abilities
- D. Race, religion, and ethnic background
Answer: D
Explanation:
Equal employment opportunity laws are designed to ensure that people are considered for employment without regard to certain protected traits.
* Race, Religion, and Ethnic Background(Answer D): These traits are protected under equal employment opportunity laws, ensuring that individuals are not discriminated against based on these characteristics.
* Criminal Record(Answer A),Education(Answer B), andAbilities(Answer C): These are not protected traits under equal employment opportunity laws.
NEW QUESTION # 36
The person supervising a new advertising campaign was not sure that the team fully understood the technical side of the product they were working on and wanted to get a different perspective.
Which technique would be most appropriate in stimulating conflict?
Choose 1 answer
- A. Bringing in outsiders
- B. Compromise
- C. Appointing a devil's advocate
- D. Authoritative command
Answer: A
Explanation:
To stimulate conflict and get a different perspective, bringing in outsiders is the most appropriate technique.
* Bringing in Outsiders(Answer A): This technique involves introducing new individuals who have different viewpoints, which can stimulate conflict and provide new perspectives that might be overlooked by the current team. It helps in shaking up the status quo and encouraging innovative thinking.
* Appointing a Devil's Advocate(Answer B): While also effective in stimulating conflict, this technique involves someone within the group challenging ideas to ensure thorough evaluation. However, it might not provide as fresh a perspective as bringing in outsiders.
* Authoritative Command(Answer C) andCompromise(Answer D): These are more about resolving conflict rather than stimulating it.
NEW QUESTION # 37
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