SIMULATED PRINCIPLES-OF-MANAGEMENT TEST | PRINCIPLES-OF-MANAGEMENT BOOKS PDF

Simulated Principles-of-Management Test | Principles-of-Management Books PDF

Simulated Principles-of-Management Test | Principles-of-Management Books PDF

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Tags: Simulated Principles-of-Management Test, Principles-of-Management Books PDF, Principles-of-Management Latest Exam Review, Valid Principles-of-Management Exam Labs, Simulation Principles-of-Management Questions

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WGU Principles-of-Management Books PDF | Principles-of-Management Latest Exam Review

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WGU Principles of Management at Western Governors University(IAC1) Sample Questions (Q13-Q18):

NEW QUESTION # 13
What is the most common way for entrepreneurs to finance a start-up business? Choose 1 answer

  • A. Personal funds
  • B. SBA loan
  • C. Initial public offering
  • D. Venture capital

Answer: A

Explanation:
The most common way for entrepreneurs to finance a start-up business is by using personal funds.
* Personal Funds(Answer C): Many entrepreneurs begin their ventures by using their own savings or personal resources. This is often the most accessible form of financing and does not require external approval or incur debt.
* SBA Loan(Answer A) andVenture Capital(Answer B): These are common sources of financing, but they are less frequently used than personal funds, especially in the initial stages of a start-up.
* Initial Public Offering(Answer D): This is a method of raising capital typically used by established
* businesses rather than start-ups.


NEW QUESTION # 14
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. Appointing a devil's advocate
  • C. Authoritative command
  • D. Bringing in outsiders

Answer: D

Explanation:
To stimulate conflict and get a different perspective, bringing in outsiders is the most appropriate technique.
* Bringing in Outsiders(Answer A): This technique involves introducing new individuals who have different viewpoints, which can stimulate conflict and provide new perspectives that might be overlooked by the current team. It helps in shaking up the status quo and encouraging innovative thinking.
* Appointing a Devil's Advocate(Answer B): While also effective in stimulating conflict, this technique involves someone within the group challenging ideas to ensure thorough evaluation. However, it might not provide as fresh a perspective as bringing in outsiders.
* Authoritative Command(Answer C) andCompromise(Answer D): These are more about resolving conflict rather than stimulating it.


NEW QUESTION # 15
Which employee selection instrument would be most appropriate when trying to determine how well an individual can participate in a variety of physical job requirements? Choose 1 answer

  • A. Integrity test
  • B. Cognitive ability test
  • C. Performance test
  • D. Personality ambitions test

Answer: C

Explanation:
To determine how well an individual can participate in a variety of physical job requirements, a performance test is most appropriate.
* Performance Test(Answer C): This type of test assesses a candidate's ability to perform specific tasks or activities that are part of the job. It is particularly useful for jobs requiring physical abilities and skills.
* Cognitive Ability Test(Answer A),Personality Ambitions Test(Answer B), andIntegrity Test(Answer D): These tests evaluate mental capabilities, personality traits, and honesty, respectively, but do not measure physical job performance.


NEW QUESTION # 16
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 association organization
  • B. Customer liaison policy
  • C. Customer relationship management
  • D. Customer connection society

Answer: C

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 # 17
In which situation does religious preference inappropriately affect decision making? Choose 1 answer

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

Answer: A

Explanation:
Religious preference inappropriately affects decision making when a real estate agent uses her religious background as a basis for accepting bids on property that is for sale. This situation reflects discrimination and bias, as decisions are being influenced by personal religious beliefs rather than objective criteria. Such actions can lead to unethical practices and violate principles of fair treatment and equality.


NEW QUESTION # 18
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