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WGU Principles-of-Management Exam With Confidence Using Practice Dumps

Exam Code:
Principles-of-Management
Exam Name:
Principles of Management at Western Governors University(IAC1)
Certification:
Vendor:
Questions:
48
Last Updated:
Nov 14, 2024
Exam Status:
Stable
WGU Principles-of-Management

Principles-of-Management: Courses and Certificates Exam 2024 Study Guide Pdf and Test Engine

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Principles of Management at Western Governors University(IAC1) Questions and Answers

Question 1

What is the most common way for entrepreneurs to finance a start-up business? Choose 1 answer

Options:

A.

SBA loan

B.

Venture capital

C.

Personal funds

D.

Initial public offering

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Question 2

Why might a company choose to adopt an organic structure instead of a mechanistic structure? Choose 1 answer

Options:

A.

It is more stable than a bureaucracy.

B.

It has formal lines of authority.

C.

It is efficient and controlled in a stable environment.

D.

It is less rigid and emphasizes flexibility.

Question 3

What is the first step of the control process? Choose 1 answer

Options:

A.

Taking corrective action

B.

Setting performance standards

C.

Measuring performance

D.

Comparing performance against standards