WGU C483 BUS 2301 Principles of Management Final Assessment Review (Qns & Ans) 2026

WGU C483 BUS 2301 Principles of Management Final Assessment Review (Qns & Ans) 2026

1. Which of the following is a key function of management?
 - A. Marketing
 - B. Planning
 - C. Accounting
 - D. Sales
 - ANS: B. Planning
 - Rationale: Planning is a fundamental function of
management that involves setting objectives and determining the
best course of action to achieve them.
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2. What is the primary purpose of strategic management?
 - A. To manage day-to-day operations
 - B. To develop long-term goals and strategies
 - C. To handle financial transactions
 - D. To oversee marketing campaigns
 - ANS: B. To develop long-term goals and strategies
 - Rationale: Strategic management focuses on setting longterm goals and formulating strategies to achieve them.
3. Which leadership style is characterized by a high level of
control and decision-making by the leader?
 - A. Democratic
 - B. Laissez-faire
 - C. Autocratic
 - D. Transformational
 - ANS: C. Autocratic
 - Rationale: Autocratic leadership involves a high level of
control and decision-making by the leader, with little input from
subordinates.
4. What is the primary goal of organizational behavior studies?