C483 C 483 Final Test Guide

C483 / C 483 Final Test Guide (Latest Update 2025 / 2026) Principles of Management | Questions and Verified Answers | Grade A | 100% Correct - WGU

Question:

Environmental scanning

Answer:

Searching for and sorting through information about the environment.

Question:

Environmental uncertainty

Answer:

When mangers do not have enough information about the environment to understand or predict the future.

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Question:

External environment

Answer:

All relevant forces outside a firm's boundaries, such as competitors, customers, the government, and the economy.

Question:

Final consumer

Answer:

A customer who purchases products in their finished form.

Question:

Flexible processes

Answer:

Methods for adapting the technical core to changes in the environment.

Question:

Forecasting

Answer:

Method for predicting how variables will change the future. 2 / 4

Question:

Independent strategies

Answer:

Strategies that an organization acting on its own uses to change some aspect of its current environment.

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Inputs

Answer:

Good and services organizations take in and use to create products or services.

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Intermediate consumer

Answer:

A customer who purchases raw materials or wholesale products before selling them to final customers.

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Question:

Macroenvironment

Answer:

The general environment; includes governments, economic conditions, and other fundamental factors that generally affect all organizations.

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Merger

Answer:

One or more companies combining with another

Question:

Open systems

Answer:

Organizations that are affected by, and that affect, their environment.

Question:

Organization culture

Answer:

The set of important assumptions about the organization and its goals and practices that members of the company share.

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