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WGU Principles of Management at Western Governors University(IAC1) Sample Questions:
1. What is the last step in strategic planning? Choose 1 answer
A) Goal setting
B) SWOT analysis
C) Strategy formulation
D) Strategic control
2. What is the process that Includes automation or support of customer processes, direct communication with customers, and analysis of customer data for a broad range of purposes? Choose 1 answer
A) Customer connection society
B) Customer relationship management
C) Customer association organization
D) Customer liaison policy
3. During an annual staff meeting the CEO of a corporation addressed the audience by stating that the long-term goal of the corporation is to "become the most competitive company in the world and to grow more rapidly than our competitors by providing the best customer service in the business." What did the CEO's statement reflect?
Choose 1 answer
A) Strategic vision
B) Strategic mission
C) Strategic analysis
D) Strategic competencies
4. What is a common element of an effective diversity training program? Choose 1 answer
A) Building awareness
B) Analyzing feedback
C) Completing a skills inventory
D) Identifying informal networks
5. What is the activity called when a corporate project team is created to develop a new product? Choose 1 answer
A) Competitive innovation
B) Venture capitalism
C) Benchmarking
D) Intrapreneurship
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: B | Question # 3 Answer: A | Question # 4 Answer: A | Question # 5 Answer: D |
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