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WGU Principles of Management at Western Governors University(IAC1) Sample Questions:
1. What is the activity called when a corporate project team is created to develop a new product? Choose 1 answer
A) Intrapreneurship
B) Benchmarking
C) Competitive innovation
D) Venture capitalism
2. During an annual staff meeting the CEO of a corporation addressed the audience by stating that the long-term goal of the corporation is to "become the most competitive company in the world and to grow more rapidly than our competitors by providing the best customer service in the business." What did the CEO's statement reflect?
Choose 1 answer
A) Strategic mission
B) Strategic vision
C) Strategic competencies
D) Strategic analysis
3. A company believes that their manufacturing processes can be measured, analyzed, improved, and controlled.
They have the commitment of the entire organization, particularly top management, to initiate a quality control process. The company has decided to produce output of their product at or below a particular defect level with the goal of improving all of their processes to that level of quality or better.
Which quality process is the company using?
Choose 1 answer
A) Six Sigma
B) Customer relationship management
C) ISO 9000
D) Reengineering
4. Which conflict-resolution technique would be most effective in helping create a shared goal that cannot be attained without the cooperation of each of the conflicting parties? Choose 1 answer
A) Superordinate goals
B) Authoritative command
C) Avoidance
D) Communication
5. What is a characteristic of a person with an entrepreneurial personality? Choose 1 answer
A) Opportunity tolerance
B) Motivation to excel
C) Employeeempowerment
D) Laissez-faire
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: B | Question # 3 Answer: A | Question # 4 Answer: A | Question # 5 Answer: B |
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