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WGU Principles of Management at Western Governors University(IAC1) Sample Questions (Q16-Q21):
NEW QUESTION # 16
A company believes that their manufacturing processes can be measured, analyzed, improved, and controlled.
They have the commitment of the entire organization, particularly top management, to initiate a quality control process. The company has decided to produce output of their product at or below a particular defect level with the goal of improving all of their processes to that level of quality or better.
Which quality process is the company using?
Choose 1 answer
- A. Six Sigma
- B. Customer relationship management
- C. ISO 9000
- D. Reengineering
Answer: A
Explanation:
The quality process the company is using is Six Sigma. Six Sigma is a disciplined, data-driven approach and methodology for eliminating defects in any process. It emphasizes the measurement, analysis, improvement, and control of manufacturing and business processes with the aim of producing output at or below a particular defect level. This approach requires the commitment of the entire organization, particularly top management, to ensure continuous process improvement and to maintain high standards of quality.
NEW QUESTION # 17
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. Appointing a devil's advocate
- B. Authoritative command
- C. Compromise
- 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 # 18
What describes a value chain? Choose 1 answer
- A. It creates a focus for organizational downsizing.
- B. It flows from raw materials to the delivery of products or services.
- C. It allows an organization to manage diversity in multiple markets.
- D. It is the internal strengths and weaknesses of an organization.
Answer: B
Explanation:
The value chain describes the full range of activities that businesses go through to bring a product or service from conception to delivery and beyond. The concept was popularized by Michael Porter in his 1985 book
"Competitive Advantage: Creating and Sustaining Superior Performance."
* Definition and Scope: A value chain encompasses all the processes involved in the creation of a product or service. This includes:
* Sourcing raw materials.
* Production processes.
* Marketing and sales.
* Distribution and delivery.
* Customer service post-delivery.
* Primary Activities:
* Inbound Logistics: Receiving, storing, and disseminating inputs of the product.
* Operations: Transforming inputs into the final product.
* Outbound Logistics: Collecting, storing, and distributing the product to customers.
* Marketing and Sales: Persuading customers to purchase the product.
* Services: Activities that maintain and enhance the product's value, such as customer service.
* Support Activities:
* Procurement: Acquiring the resources a company needs to operate.
* Technology Development: Research and development, IT, automation, etc.
* Human Resource Management: Recruiting, hiring, training, and retaining workers.
* Firm Infrastructure: Organizational structure, control systems, company culture, etc.
* Example of Value Chain: The textbook provides an example of Walmart's value chain to illustrate how a company adds value at each step of the process, from procurement to delivery.
* Importance: Understanding and optimizing the value chain allows companies to identify where they can add value, reduce costs, and gain competitive advantage. Companies can use this analysis to find opportunities for improvement, innovation, and efficiency in their processes.
NEW QUESTION # 19
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. Competitive innovation
- D. Venture capitalism
Answer: B
Explanation:
The activity of creating a corporate project team to develop a new product is called intrapreneurship.
Intrapreneurship refers to the practice of fostering innovation and entrepreneurial skills within an organization by allowing employees to act like entrepreneurs while working within the company. This approach encourages the development of new products and services and enhances organizational growth.
NEW QUESTION # 20
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.
Answer: C
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 # 21
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