WGU C483 Principles of Management
Practice Questions
A value chain is the sequence of activities that begins with raw materials. What result does a
value chain end with? – \u2714\u2714delivery of products and services
what happens when an effective value chain is created – \u2714\u2714profit margins are increased
industry and market, competitor analysis, and social analysis are examples of which step in
strategic planning process – \u2714\u2714analysis of exteral opportunities and threats
skilled management, positive cash flow, and well known brands are examples of which
component of the SWOT analysis – \u2714\u2714strengths
what denotes skill or expertise in an activity that constitutes the roots of competitiveness in an
organization – \u2714\u2714core competencies
according to michael porters competitive environment model, how can suppliers influence
strategic planning – \u2714\u2714uppliers can reduce manufacturing time and increase product quality
a company offers unique products in its industry to create a competitive advantage. which type of
strategy is the company using – \u2714\u2714customization<\/p>\n\n\n\n
happy inc., is a leading provider of family entertainment and BCD is a broadcasting company
with news, cable and entertainment networks. happy inc., recently acquired BCD in hopes of
boosting its primary business of family entertainment. which type of corporate strategy is
represented by happy inc.’s purchase of their distribution network – \u2714\u2714vertical integration
what is the first step of organizational strategic planning? – \u2714\u2714developing internal strengths
a local business has provided services to its customers for 40 years. the business’s mission is “to
give our customers the best service in town” the owner of the business has had a long-standing
dream to franchise the business and become the best provider of its services in the united states.
what describes the owners dream? – \u2714\u2714strategic planning
the introduction of statistical tools to analyze the causes of product defects is associated with
which quality improvement approach? – \u2714\u2714six sigma
what is the principal idea of reengineering – \u2714\u2714to revolutionize key organizational systems and
processes
what designates those who take hands-on responsibility for creating innovation such as new
ideas, products or methods within an organization – \u2714\u2714intrapreneuer<\/p>\n","protected":false},"excerpt":{"rendered":"
WGU C483 Principles of ManagementPractice QuestionsA value chain is the sequence of activities that begins with raw materials. What result does avalue chain end with? – \u2714\u2714delivery of products and serviceswhat happens when an effective value chain is created – \u2714\u2714profit margins are increasedindustry and market, competitor analysis, and social analysis are examples of which […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[25],"tags":[],"class_list":["post-114433","post","type-post","status-publish","format-standard","hentry","category-exams-certification"],"_links":{"self":[{"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/posts\/114433","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/comments?post=114433"}],"version-history":[{"count":0,"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/posts\/114433\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/media?parent=114433"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/categories?post=114433"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.learnexams.com\/blog\/wp-json\/wp\/v2\/tags?post=114433"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}