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WGU Principles of Management at Western Governors University(IAC1) Sample Questions (Q14-Q19):
NEW QUESTION # 14
Which customer relationship concept emphasizes the relationship between the company, the competition, and the customer? Choose 1 answer
- A. Strategic relationship
- B. Liaison concept
- C. Strategic triangle
- D. Tactical strategy
Answer: C
Explanation:
The customer relationship concept that emphasizes the relationship between the company, the competition, and the customer is the Strategic Triangle. This model highlights the importance of balancing these three elements to achieve competitive advantage. It involves understanding customer needs, monitoring competitor actions, and leveraging company strengths to deliver superior value to customers.
NEW QUESTION # 15
Which organizational concept best describes a manager assigning tasks to various employees? Choose 1 answer
- A. Teamwork
- B. Integration
- C. Segmentation
- D. Division of labor
Answer: D
Explanation:
The organizational concept that best describes a manager assigning tasks to various employees is the division of labor. This concept involves breaking down work into specialized tasks that different workers or groups perform. It aims to increase efficiency and productivity by allowing employees to focus on specific functions where they can develop expertise.
* Division of Labor(Answer C): This refers to the assignment of different tasks to different employees, allowing for specialization and increased efficiency in the workplace.
* Segmentation(Answer A),Teamwork(Answer B), andIntegration(Answer D): These concepts relate to different aspects of organizational structure and functioning but do not specifically describe the assignment of tasks to employees.
NEW QUESTION # 16
What isa clear and concise statement ofthe basic purpose of an organization? Choose 1 answer
- A. Its goal
- B. Its vision
- C. Its objective
- D. Its mission
Answer: D
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 # 17
The director of human resources for a start-up company is reviewing staffing needs and has discovered a labor deficit. How can the director use strategic human resource planning in this situation? Choose 1 answer
- A. Establish strategic goals for improvement of manufacturing performance
- B. Reconcile employee supply and demand
- C. Implement employee conflict resolution system
- D. Plan to reduce turnover through nonfinancial rewards
Answer: B
Explanation:
In strategic human resource planning, reconciling employee supply and demand is crucial when addressing a labor deficit. This involves analyzing the current workforce, predicting future staffing needs, and developing plans to ensure the organization has the right number of employees with the appropriate skills.
* Reconcile Employee Supply and Demand(Answer C): This process involves assessing the current workforce, forecasting future needs, and developing strategies to meet those needs. It ensures that the organization can meet its strategic goals by having the right people in the right places at the right times.
* Plan to Reduce Turnover Through Nonfinancial Rewards(Answer A) andImplement Employee Conflict Resolution System(Answer B): While important for employee retention and workplace harmony, these do not directly address the immediate issue of a labor deficit.
* Establish Strategic Goals for Improvement of Manufacturing Performance(Answer D): This is relevant to overall strategic planning but not specific to addressing a labor deficit.
NEW QUESTION # 18
A team leader is having a difficult time implementing the company's new scheduling policy, which does not take into account seniority. The team is aware of the problem and has discussed options to deal with it, but no definitive solutions have been determined.
Which stage in the change process is the team experiencing?
Choose 1 answer
- A. Preparation
- B. Contemplation
- C. Precontemplation
- D. Action
Answer: B
Explanation:
The stage in the change process that the team is experiencing is contemplation. In this stage, the team is aware of the problem and is considering potential solutions but has not yet committed to a specific action. This stage involves discussions and evaluations of different options without definitive decisions being made.
NEW QUESTION # 19
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