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WGU C483 Bundled Exams Questions and Answers 100% Verified and Updated 2024 | Graded A

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WGU C483 Bundled Exams Questions and Answers 100% Verified and Updated 2024 | Graded A

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WGU - C483 Principles of Management (Full) Exam Solutions

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WGU - C483 Principles of Management (Full) Exam Solutions Conceptual and decision skills - Answer- Skills pertaining to the ability to identify and resolve problems for the benefit of the organization and its members. Controlling - Answer- The management function of monitoring performance and making needed changes. Cost competitiveness - Answer- Keeping costs low to achieve profits and be able to offer prices that are attractive to consumers. Emotional intelligence - Answer- The skills of...

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WGU C483 Principles of Management Questions with 100% Correct Answers

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WGU C483 Principles of Management Questions with 100% Correct Answers Top-level Managers - Answer- Strategic Managers Middle-level Managers - Answer- Tactical Managers Frontline Managers - Answer- Operational Managers Goals should be: - Answer- S.M.A.R.T. Specific, Measurable, Attainable, Relevant, Time-bound Strategic Planning - Answer- Set of procedures for making decisions about an organization's long-term goals and strategies Have a strong external orientation and cover major porti...

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Principles of Management - C483 WGU (Pre-Assessment) Questions and Answers 100% pass

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Principles of Management - C483 WGU (Pre-Assessment) Questions and Answers 100% pass Industry and market analysis, competitor analysis, and social analysis are examples of which step in the strategic planning process? - Answer- Analysis of external opportunities and threats Skilled management, positive cash flow, and well-known brands are examples of which component of the SWOT analysis? - Answer- Strengths What denotes skills or expertise in an activity that constitutes the roots of co...

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WGU Principles of Management - C483 Questions and Answers 100% Pass

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WGU Principles of Management - C483 Questions and Answers 100% Pass Bureaucratic control deals with: - Answer- rules and regulations. Which type of control system depends on pricing mechanisms and economic information to regulate activities within an organization? - Answer- Market control _____ control systems are designed to measure progress toward set performance goals, and if necessary, to apply corrective measures to ensure that performance achieves managers' objectives. - Answer- B...

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Principles of Management Practice Questions C483 WGU Exam Questions and Answers 100% Pass

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Principles of Management Practice Questions C483 WGU Exam Questions and Answers 100% Pass A value chain is the sequence of activities that begins with raw materials. What result does a value chain end with? - Answer- delivery of products and services what happens when an effective value chain is created - Answer- profit margins are increased industry and market, competitor analysis, and social analysis are examples of which step in strategic planning process - Answer- analysis of exteral ...

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WGU C483 - Principles of Management Exam Questions and Answers 100% Pass

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WGU C483 - Principles of Management Exam Questions and Answers 100% Pass Accommodation - Answer- A style of dealing with conflict involving cooperation on behalf of the other party but not being assertive about one's own interests Accountability - Answer- The expectation that employees will perform a job, take corrective action when necessary, and report upward on the status and quality of their performance Accounting audits - Answer- Procedures used to verify accounting reports and sta...

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WGU C483 Principles of Management Questions and Answers 100% Verified

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WGU C483 Principles of Management Questions and Answers 100% Verified Organizations that are affected by, and that affect, their environment. - Answer- Open Systems Goods and services organizations take in and use to create products or services. - Answer- Inputs The products and services organizations create. - Answer- Outputs All relevant forces outside a firm's boundaries, such as competitors, customers, the government, and the economy. - Answer- External Environment The immediate en...

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WGU Principles of Management C483 Practice Questions and Answers 100% Pass

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WGU Principles of Management C483 Practice Questions and Answers 100% Pass Strategic Triangle "customer, corporation and competitors"-what does Dr Ohmae indicate that an organization can obtain by doing this? - Answer- Sustained Competitive Advantage What does a value chain end with? - Answer- Begins with Raw Materials and ends with Delivery of products or services What happens when an effective value chain is created? - Answer- Profit Margins Increase Market & social analysis are exa...

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C483 Principles of Management strategic planning comp Questions and Answers 100% Verified

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C483 Principles of Management strategic planning comp Questions and Answers 100% Verified Industry and market analysis, competitor analysis, and social analysis are examples of which step in the strategic planning process? Choose 1 answer A. Analysis of mission, vision, and goals B. Analysis of management implementation C. Analysis of external opportunities and threats D. Analysis of internal strengths and weaknesses - Answer- Analysis of external opportunities and threats Skilled manag...

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