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

1. What is the activity called when a corporate project team is created to develop a new product? Choose 1 answer

A) Benchmarking
B) Intrapreneurship
C) Venture capitalism
D) Competitive innovation

2. Which customer relationship concept emphasizes the relationship between the company, the competition, and the customer? Choose 1 answer

A) Strategic triangle
B) Strategic relationship
C) Tactical strategy
D) Liaison concept

3. What isa clear and concise statement ofthe basic purpose of an organization? Choose 1 answer

A) Its goal
B) Its objective
C) Its mission
D) Its vision

4. What is the purpose of the control process? Choose 1 answer

A) To develop market saturation for the company's product
B) To build a dynamic organization at all levels within the company
C) To direct the activities of individuals toward achievement of organizational goals
D) To deliver strategic value by fostering communication throughout the organization

5. In which situation does religious preference inappropriately affect decision making? Choose 1 answer

A) An individual follows religious dietary restrictions while at work regardless of the religious beliefs of others.
B) A company allows two days off per year for religious celebrations to all employees regardless of religious affiliation.
C) A real estate agent uses her religious background as a basis for accepting bids on property that is for sale.
D) A manager refuses to participate in an event that conflicts with the manager's personal religious beliefs.

Solutions: