AUTHORIZED PRINCIPLES-OF-MANAGEMENT CERTIFICATION | DOWNLOAD PRINCIPLES-OF-MANAGEMENT FEE

Authorized Principles-of-Management Certification | Download Principles-of-Management Fee

Authorized Principles-of-Management Certification | Download Principles-of-Management Fee

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WGU Principles of Management at Western Governors University(IAC1) Sample Questions (Q24-Q29):

NEW QUESTION # 24
What is the process that Includes automation or support of customer processes, direct communication with customers, and analysis of customer data for a broad range of purposes? Choose 1 answer

  • A. Customer connection society
  • B. Customer relationship management
  • C. Customer association organization
  • D. Customer liaison policy

Answer: B

Explanation:
The process that includes automation or support of customer processes, direct communication with customers, and analysis of customer data for a broad range of purposes is Customer Relationship Management (CRM).
CRM systems help organizations manage interactions with current and potential customers, streamline processes, and improve profitability by using customer data analysis for various business strategies.


NEW QUESTION # 25
What is the main focus of SWOT analysis? Choose 1 answer

  • A. Determining a company's corporate structure and management style
  • B. Developing a business's mission and vision statements
  • C. Uncovering an organization's strengths and weaknesses
  • D. Establishing a factory's production rate and quality standards

Answer: C

Explanation:
The main focus of SWOT analysis is to uncover an organization's strengths and weaknesses, along with identifying opportunities and threats. SWOT, which stands for Strengths, Weaknesses, Opportunities, and Threats, is a strategic tool used to understand the internal capabilities and external possibilities and risks facing an organization. This analysis helps in identifying what the organization does well and where it may need improvement, thus forming a basis for strategic planning.


NEW QUESTION # 26
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. Domain selection
  • B. Conglomerate diversification
  • C. Vertical integration
  • D. Strategic alliance

Answer: C

Explanation:
When a computer manufacturer purchases the company that supplies computer chips for the company, it is using a vertical integration strategy. Vertical integration involves expanding a company's operations into different stages of production within the same industry, such as acquiring suppliers or distributors, to increase control over the supply chain and reduce costs.


NEW QUESTION # 27
What is a Benefit of a boundaryless organization? Choose 1 answer

  • A. Employees have access to all buildings.
  • B. Employees are allowed to form a union.
  • C. Employees are free to apply for other positions.
  • D. Employees may express their opinions freely.

Answer: D

Explanation:
A benefit of a boundaryless organization is that employees may express their opinions freely. Boundaryless organizations eliminate traditional barriers between departments and hierarchical levels, fostering open communication, collaboration, and a free flow of information across the organization. This openness encourages employees to share their ideas and opinions without fear of repercussions, enhancing innovation and problem-solving.


NEW QUESTION # 28
Wardrobe Web. Inc., wants to analyze defects such as late delivery, wrong shipment, and poor customerservice. Which process should the company use? Choose 1 answer

  • A. Job analysis
  • B. Statistical analysis
  • C. Social constructivist analysis
  • D. Objective analysis

Answer: B

Explanation:
Wardrobe Web, Inc. should use statistical analysis to analyze defects such as late delivery, wrong shipment, and poor customer service. Statistical analysis involves collecting and analyzing data to identify trends, patterns, and root causes of issues. It helps in making informed decisions to improve quality and efficiency by addressing the identified defects.


NEW QUESTION # 29
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