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WGU Principles of Management at Western Governors University(IAC1) Sample Questions:

1. What describes a value chain? Choose 1 answer

A) It allows an organization to manage diversity in multiple markets.
B) It creates a focus for organizational downsizing.
C) It flows from raw materials to the delivery of products or services.
D) It is the internal strengths and weaknesses of an organization.

2. A corporation listens to people who are affected by change and solicits suggestions from people throughout the organization. Which strategy is the corporation using to overcome resistance to change? Choose 1 answer

A) Negotiation and reward
B) Facilitation and support
C) Participation and involvement
D) Education and communication

3. What is a common consideration for starting a new business venture? Choose 1 answer

A) Technical understanding
B) System changes
C) Right opportunity
D) Access to information

4. What is a feature ofa bureaucracy (vertical) organization? Choose 1 answer

A) Formal position authority is generally the primary means of running the organization.
B) Employees must answer to two or more bosses and prioritize demands across departments.
C) Employees focus primarily on collaborating across departments and with frequent meetings.
D) Decision making is decentralized so a considerable amount of information is communicated informally.

5. What is the last step in strategic planning? Choose 1 answer

A) Strategic control
B) Goal setting
C) SWOT analysis
D) Strategy formulation

Solutions: