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WGU Principles-of-Management Exam Syllabus Topics:

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

Question 1

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

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

Question 2

High cooperativeness and high assertiveness are characteristics of which conflict management strategy?
Choose 1 answer

A. Avoiding
B. Competing
C. Compromising
D. Collaborating

Question 3

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

Question 4

What is a Benefit of a boundaryless organization? Choose 1 answer

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

Question 5

The manager of a corporation provided training and other resources needed by employees to carry out change and perform their jobs under new rules being implemented. Which approach to change was the manager using in this situation? Choose 1 answer

A. Participation and involvement
B. Negotiation and reward
C. Education and communication
D. Facilitation and support

Solutions: