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Principles-of-Management Valid Exam Practice - Pass Guaranteed 2025 First-grade Principles-of-Management: Principles of Management at Western Governors University(IAC1) Cert Exam

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WGU Principles of Management at Western Governors University(IAC1) Sample Questions (Q22-Q27):

NEW QUESTION # 22
What isa clear and concise statement ofthe basic purpose of an organization? Choose 1 answer

A. Its goal
B. Its objective
C. Its mission
D. Its vision

Answer: C

Explanation:
A clear and concise statement of the basic purpose of an organization is its mission. A mission statement provides a broad description of how the organization intends to achieve its vision. It specifies the organization's reason for being and answers the question, "What business(es) should we undertake?".
In the textbook "Principles of Management," a mission statement is defined as a broad description of how a firm will try to make its vision a reality, often describing the products and services the company plans to offer and the customers it plans to serve. This differentiates it from a vision statement, which is more general and focuses on what the business aspires to become in the future.

NEW QUESTION # 23
A company is attempting to be efficient by offering a no-trills product. What type of strategy is the company pursuing? Choose 1 answer

A. Operational
B. Low-cost
C. Resource
D. Functional

Answer: B

Explanation:
A company offering a no-frills product to be efficient is pursuing a low-cost strategy. This strategy focuses on minimizing costs and offering products at the lowest possible price to attract cost-conscious customers. This approach involves strict cost control and operational efficiency to maintain profitability while offering lower prices than competitors.

NEW QUESTION # 24
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. ISO 9000
C. Customer relationship management
D. Reengineering

Answer: A

Explanation:
The quality process the company is using is Six Sigma. Six Sigma is a disciplined, data-driven approach and methodology for eliminating defects in any process. It emphasizes the measurement, analysis, improvement, and control of manufacturing and business processes with the aim of producing output at or below a particular defect level. This approach requires the commitment of the entire organization, particularly top management, to ensure continuous process improvement and to maintain high standards of quality.

NEW QUESTION # 25
The person supervising a new advertising campaign was not sure that the team fully understood the technical side of the product they were working on and wanted to get a different perspective.
Which technique would be most appropriate in stimulating conflict?
Choose 1 answer

A. Bringing in outsiders
B. Authoritative command
C. Appointing a devil's advocate
D. Compromise

Answer: A

Explanation:
To stimulate conflict and get a different perspective, bringing in outsiders is the most appropriate technique.
* Bringing in Outsiders(Answer A): This technique involves introducing new individuals who have different viewpoints, which can stimulate conflict and provide new perspectives that might be overlooked by the current team. It helps in shaking up the status quo and encouraging innovative thinking.
* Appointing a Devil's Advocate(Answer B): While also effective in stimulating conflict, this technique involves someone within the group challenging ideas to ensure thorough evaluation. However, it might not provide as fresh a perspective as bringing in outsiders.
* Authoritative Command(Answer C) andCompromise(Answer D): These are more about resolving conflict rather than stimulating it.

NEW QUESTION # 26
An employee of a company is working to start a separate division. This project is out of the employee's normal duties and has not been assigned by the supervisor. However, the supervisor encourages this informal project.
Which intrapreneurship activity describes this project?
Choose 1 answer

A. Opportunity obsession
B. Skunkworks
C. Motivation to excel
D. Bootlegging

Answer: D

Explanation:
The intrapreneurship activity described is bootlegging. Bootlegging refers to the informal and often unauthorized projects undertaken by employees who use company resources to work on new ideas outside their regular duties. These projects are not officially sanctioned but are tolerated or encouraged by supervisors to foster innovation within the company.

NEW QUESTION # 27
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