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

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

A) Total Control Management
B) Criteria for Growth
C) Change Control
D) Total Quality Management

2. 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) Resource
B) Functional
C) Low-cost
D) Operational

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

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

4. 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

A) Reengineering
B) Customerization
C) Downsizing
D) Benchmarking

5. 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.

Solutions: