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Courses and Certificates Principles-of-Management Dumps PDF

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

Question 5

What is the purpose of a value chain analysis? Choose 1 answer

Options:

A.

To determine company stockholder satisfaction

B.

To allow the company to implement an intranet and develop automated processes

C.

To allow the company to use a systematic approach in developing a competitive advantage

D.

To help the company determine its commitment to ethics and social responsibility

Question 6

What is a characteristic of a person with an entrepreneurial personality? Choose 1 answer

Options:

A.

Motivation to excel

B.

Opportunity tolerance

C.

Laissez-faire

D.

Employeeempowerment

Question 7

Which stage ofthe conflict process is considered a distinct stage because of its importance in intervening between perceptions or emotions and overt behavior? Choose 1 answer

Options:

A.

Outcomes

B.

Cognition

C.

Opposition

D.

Intentions

Question 8

Which competitive force is reduced by the barriers provided by government policies, capital requirements, brand identification, and cost disadvantages? Choose 1 answer

Options:

A.

Threat of new entrants

B.

Threat of customer power

C.

Threat of substitutes

D.

Threat of supplier power