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WGU Principles of Management at Western Governors University(IAC1) Sample Questions:

1. The person supervising a new advertising campaign was not sure that the team fully understood the technical side of the product they were working on and wanted to get a different perspective.
Which technique would be most appropriate in stimulating conflict?
Choose 1 answer

A) Compromise
B) Authoritative command
C) Bringing in outsiders
D) Appointing a devil's advocate

2. Entrepreneurs who want to start a new business need to understand the level of risk and both dimensions.
What do entrepreneurs use to assess levels of risk and innovation?
Choose 1 answer
involved in establishing a new venture and must then decide if they are comfortable with

A) Innovation creation diagram
B) Entrepreneurial loss function diagram
C) Collaboration tracking matrix
D) Entrepreneurial strategy matrix

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

A) Threat of new entrants
B) Threat of supplier power
C) Threat of customer power
D) Threat of substitutes

4. A corporation listens to people who are affected by change and solicits suggestions from people throughout the organization. Which strategy is the corporation using to overcome resistance to change? Choose 1 answer

A) Facilitation and support
B) Negotiation and reward
C) Participation and involvement
D) Education and communication

5. A computer manufacturer purchases the company that supplies computer chips for the company. Which type of corporate strategy is the company using? Choose 1 answer

A) Conglomerate diversification
B) Domain selection
C) Vertical integration
D) Strategic alliance

Solutions: