Understanding the WGU Principles of Management Exam Course and Choosing Principles of Management Exam Dumps (V8.02) to Make Preparations

1. A company is attempting to be efficient by offering a no-trills product.

What type of strategy is the company pursuing? Choose 1 answer

2. Wardrobe Web. Inc., wants to analyze defects such as late delivery, wrong shipment, and poor customer service.

Which process should the company use? Choose 1 answer

3. What is a clear and concise statement of the basic purpose of an organization? Choose 1 answer

4. What is the activity called when a corporate project team is created to develop a new product? Choose 1 answer

5. What is the main focus of SWOT analysis? Choose 1 answer

6. Which process is used to verify that deliverables are correct and complete? Choose 1 answer

7. What is the process that Includes automation or support of customer processes, direct communication with customers, and analysis of customer data for a broad range of purposes? Choose 1 answer

8. Which customer relationship concept emphasizes the relationship between the company, the competition, and the customer? Choose 1 answer

9. When developing a qualify management system, which step involves answering the question, "If you were the customer, how would you like us to operate?" Choose 1 answer

10. What is the purpose of a value chain analysis? Choose 1 answer

11. 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

12. What is the purpose of the Six Sigma Quality approach? Choose 1 answer

13. Which competitive force is reduced by the barriers provided by government policies, capital requirements, brand identification, and cost disadvantages? Choose 1 answer

14. What is evident when a company does something especially well in comparison to its competitors? Choose 1 answer

15. Which management process has the benefits of group problem solving, information sharing, and cooperation across business functions? Choose 1 answer

16. 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

17. 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

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

19. 1.What describes a value chain? Choose 1 answer

20. Entrepreneurs who want to start a new business need to understand the level of risk and both dimensions.

What do entrepreneurs use to assess levels of risk and innovation? Choose 1 answer

involved in establishing a new venture and must then decide if they are comfortable with