Principles-of-Management Relevant Exam Dumps - Principles-of-Management Latest Materials
Principles-of-Management Relevant Exam Dumps - Principles-of-Management Latest Materials
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WGU Principles of Management at Western Governors University(IAC1) Sample Questions (Q46-Q51):
NEW QUESTION # 46
Which competitive force is reduced by the barriers provided by government policies, capital requirements, brand identification, and cost disadvantages? Choose 1 answer
- A. Threat of new entrants
- B. Threat of supplier power
- C. Threat of substitutes
- D. Threat of customer power
Answer: A
Explanation:
The competitive force reduced by barriers such as government policies, capital requirements, brand identification, and cost disadvantages is the threat of new entrants. These barriers make it difficult for new firms to enter an industry and compete with established companies, thereby protecting existing firms from new competitors.
NEW QUESTION # 47
Which management process has the benefits of group problem solving, information sharing, and cooperation across business functions? Choose 1 answer
- A. Total Quality Management
- B. Total Control Management
- C. Criteria for Growth
- D. Change Control
Answer: A
Explanation:
Total Quality Management (TQM) has the benefits of group problem solving, information sharing, and cooperation across business functions. TQM focuses on continuous improvement in all aspects of an organization's operations and involves all employees from top management to front-line workers. It encourages participation in decision-making and emphasizes collaboration and teamwork across different functions.
NEW QUESTION # 48
What is the activity called when a corporate project team is created to develop a new product? Choose 1 answer
- A. Venture capitalism
- B. Intrapreneurship
- C. Benchmarking
- D. Competitive innovation
Answer: B
Explanation:
The activity of creating a corporate project team to develop a new product is called intrapreneurship.
Intrapreneurship refers to the practice of fostering innovation and entrepreneurial skills within an organization by allowing employees to act like entrepreneurs while working within the company. This approach encourages the development of new products and services and enhances organizational growth.
NEW QUESTION # 49
Which stage ofthe conflict process is considered a distinct stage because of its importance in intervening between perceptions or emotions and overt behavior? Choose 1 answer
- A. Cognition
- B. Opposition
- C. Intentions
- D. Outcomes
Answer: C
Explanation:
The stage of the conflict process considered distinct because of its importance in intervening between perceptions or emotions and overt behavior is intentions. Intentions reflect how an individual plans to behave in a conflict situation, mediating the transition from perception and feelings to actions. This stage is crucial as it involves decisions about how to approach the conflict, whether to compete, collaborate, avoid, accommodate, or compromise.
NEW QUESTION # 50
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. Objective analysis
- B. Social constructivist analysis
- C. Statistical analysis
- D. Job analysis
Answer: C
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 # 51
......
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