WGU D483 Principles Of Management OA Final

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WGU D483 Principles Of Management OA Final Exam Version 1 /WGU D483 OA Final Exam Newest 2025/2026 Complete All 100 Questions And Correct Detailed Answers (Verified Answers) |Already Graded A+||Brand New Version!!

Raw materials, human resources, energy, equipment, financial resources, and information are ________ for an organization?

• macro forces
• inputs
• internal forces
• regulators
• flexible processes - ANSWER-B. inputs

Explanation; (Inputs are the goods and services organizations take in and use to create products or services. They include raw materials, human resources, energy, equipment, financial resources, and information.)

Which of the following is a demographic factor of an organization's macroenvironment? 1 / 4

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• technology
• societal trends
• organization sustainability
• employees' ages
• regulators - ANSWER-D. employees' ages

Explanation; (Demographics are measures of various characteristics of the people who make up groups or other social units, such as the workforce. Work groups, organizations, countries, markets, and societies can be described statistically by referring to demographic measures such as their members' age, gender, family size, income, education, occupation, and so forth.)

Marco, the owner of a struggling flower and gift shop called Bloom, wants to review his company's processes and has decided to do a benchmarking study. What actions would you expect Marco to perform?

• forecasting future interest rates to make better decisions in

maximizing capital investments. 2 / 4

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• identifying best practices of the competition and comparing

to his own business to determine gaps.

• analyzing substitutes and complements to search for useful

information and determine its importance.

• making an effort to change the boundaries of the competitive

environment by moving into a new area.

• developing scenarios to generate alternative pictures of the

future that can be updated over time. - ANSWER-B. identifying best practices of the competition and comparing to his own business to determine gaps.

Explanation; (Benchmarking means identifying the best-in-class performance by a company in a given area, say product development or customer service, and then comparing your processes to theirs.)

Which of the following takes place after a firm formulates its strategy?

• analysis of internal strengths and weaknesses.
• analysis of external opportunities and threats.
• establishment of mission, vision, and goals.
• strategy implementation. 3 / 4

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• implementation of a SWOT analysis. - ANSWER-D. strategy

implementation.

Explanation; (Once a strategy has been formulated, it has to be implemented. As with any plan, simply formulating a good strategy is not enough. Strategic managers also must ensure that the new strategies are implemented effectively and efficiently.)

A concentric diversification strategy is a strategy?

• an organization uses to build competitive advantage by being

unique in its industry or market segment along one or more dimensions.

• used to add new businesses that produce unrelated products

or are involved in unrelated markets and activities.

• employed for an organization that operates a single business

and competes in a single industry.

• used to add new businesses that produce related products or

are involved in related markets and activities.

• that involves expanding the domain of the organization into

supply channels or to distributors - ANSWER-D. used to add new businesses that produce related products or are involved in related markets and activities.

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