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WGU Principles of Management at Western Governors University(IAC1) Sample Questions:
1. What describes a value chain? Choose 1 answer
A) It allows an organization to manage diversity in multiple markets.
B) It flows from raw materials to the delivery of products or services.
C) It is the internal strengths and weaknesses of an organization.
D) It creates a focus for organizational downsizing.
2. 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) Contemplation
B) Precontemplation
C) Action
D) Preparation
3. Entrepreneurs who want to start a new business need to understand the level of risk and both dimensions.
What do entrepreneurs use to assess levels of risk and innovation?
Choose 1 answer
involved in establishing a new venture and must then decide if they are comfortable with
A) Innovation creation diagram
B) Entrepreneurial strategy matrix
C) Collaboration tracking matrix
D) Entrepreneurial loss function diagram
4. What is a core job dimension described in the Hackman and Oldham model of job design? Choose 1 answer
A) Networking
B) Autonomy
C) Quality
D) Compensation
5. What is the first step of the control process? Choose 1 answer
A) Measuring performance
B) Taking corrective action
C) Comparing performance against standards
D) Setting performance standards
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: A | Question # 3 Answer: B | Question # 4 Answer: B | Question # 5 Answer: D |






