WGU D072 BUS 2010 Fundamentals for Success in Business Final Assessment Review (Qns & Ans) 2026

WGU D072 BUS 2010 Fundamentals for Success in Business Final Assessment Review (Qns & Ans) 2026

1. Which of the following is a key component of strategic
   management?
    - A. Financial accounting
    - B. Human resource management
    - C. Marketing research
    - D. Environmental scanning
    - ANS: D. Environmental scanning
    - Rationale: Environmental scanning involves analyzing
   external factors that can impact an organization's strategy.
2. 2. What is the primary purpose of a SWOT analysis?
    - A. To evaluate financial performance
    - B. To assess market trends
    - C. To identify strengths, weaknesses, opportunities, and
   threats
    - D. To develop marketing campaigns
    - ANS: C. To identify strengths, weaknesses, opportunities,
   and threats
    - Rationale: SWOT analysis helps organizations understand
   their internal and external environments.
   3. Which leadership style is characterized by a high level of
   employee involvement in decision-making?
    - A. Autocratic
    - B. Democratic
    - C. Laissez-faire
    - D. Transformational
    - ANS: B. Democratic
    - Rationale: Democratic leadership involves employees in
   decision-making processes, fostering collaboration and
   participation.