100% Pass Quiz 2025 Principles-of-Management: Fantastic New Principles of Management at Western Governors University(IAC1) Test Question
100% Pass Quiz 2025 Principles-of-Management: Fantastic New Principles of Management at Western Governors University(IAC1) Test Question
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Tags: New Principles-of-Management Test Question, New Principles-of-Management Test Camp, Latest Principles-of-Management Dumps Sheet, Simulated Principles-of-Management Test, Principles-of-Management Technical Training
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WGU Principles of Management at Western Governors University(IAC1) Sample Questions (Q27-Q32):
NEW QUESTION # 27
What is the activity called when a corporate project team is created to develop a new product? Choose 1 answer
- A. Benchmarking
- B. Intrapreneurship
- C. Venture capitalism
- D. Competitive innovation
Answer: B
Explanation:
The activity of creating a corporate project team to develop a new product is called intrapreneurship.
Intrapreneurship refers to the practice of fostering innovation and entrepreneurial skills within an organization by allowing employees to act like entrepreneurs while working within the company. This approach encourages the development of new products and services and enhances organizational growth.
NEW QUESTION # 28
In which situation does religious preference inappropriately affect decision making? Choose 1 answer
- A. An individual follows religious dietary restrictions while at work regardless of the religious beliefs of others.
- B. A real estate agent uses her religious background as a basis for accepting bids on property that is for sale.
- C. A company allows two days off per year for religious celebrations to all employees regardless of religious affiliation.
- D. A manager refuses to participate in an event that conflicts with the manager's personal religious beliefs.
Answer: B
Explanation:
Religious preference inappropriately affects decision making when a real estate agent uses her religious background as a basis for accepting bids on property that is for sale. This situation reflects discrimination and bias, as decisions are being influenced by personal religious beliefs rather than objective criteria. Such actions can lead to unethical practices and violate principles of fair treatment and equality.
NEW QUESTION # 29
What is the purpose of the Six Sigma Quality approach? Choose 1 answer
- A. To improve employee education processes
- B. To break down communication barriers
- C. To analyze the causes of product defects
- D. To promote the six most common leadership objectives
Answer: C
Explanation:
The purpose of the Six Sigma Quality approach is to analyze the causes of product defects and to reduce variability in manufacturing and business processes. Six Sigma uses statistical methods to identify and eliminate defects, aiming for near perfection in production processes. It involves steps like defining the problem, measuring key aspects, analyzing the data, improving processes, and controlling the future process performance.
NEW QUESTION # 30
Which competitive force is reduced by the barriers provided by government policies, capital requirements, brand identification, and cost disadvantages? Choose 1 answer
- A. Threat of new entrants
- B. Threat of supplier power
- C. Threat of substitutes
- D. Threat of customer power
Answer: A
Explanation:
The competitive force reduced by barriers such as government policies, capital requirements, brand identification, and cost disadvantages is the threat of new entrants. These barriers make it difficult for new firms to enter an industry and compete with established companies, thereby protecting existing firms from new competitors.
NEW QUESTION # 31
What is the first step of the control process? Choose 1 answer
- A. Comparing performance against standards
- B. Setting performance standards
- C. Measuring performance
- D. Taking corrective action
Answer: B
Explanation:
The first step of the control process is setting performance standards.
* Setting Performance Standards(Answer B): This step involves establishing the criteria against which performance will be measured. These standards serve as the benchmark for assessing actual performance and determining any necessary corrective actions.
* Measuring Performance(Answer C) andComparing Performance Against Standards(Answer D): These
* steps come after setting performance standards.
* Taking Corrective Action(Answer A): This is the final step in the control process.
NEW QUESTION # 32
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100% Pass 2025 WGU Principles-of-Management: Principles of Management at Western Governors University(IAC1) –Professional New Test Question
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