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Principles-of-Management Latest Exam Fee - Principles-of-Management Exam Materials

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WGU Principles of Management at Western Governors University(IAC1) Sample Questions (Q20-Q25):

NEW QUESTION # 20
Equal employment opportunity laws were designed to ensure that people are considered for employment without regard to certain traits. Which traits are protected by these laws? Choose 1 answer

A. Criminal record, race, and gender
B. Race, religion, and abilities
C. National origin, race, and education
D. Race, religion, and ethnic background

Answer: D

Explanation:
Equal employment opportunity laws are designed to ensure that people are considered for employment without regard to certain protected traits.
* Race, Religion, and Ethnic Background(Answer D): These traits are protected under equal employment opportunity laws, ensuring that individuals are not discriminated against based on these characteristics.
* Criminal Record(Answer A),Education(Answer B), andAbilities(Answer C): These are not protected traits under equal employment opportunity laws.

NEW QUESTION # 21
In which situation does religious preference inappropriately affect decision making? Choose 1 answer

A. A company allows two days off per year for religious celebrations to all employees regardless of religious affiliation.
B. A real estate agent uses her religious background as a basis for accepting bids on property that is for sale.
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: B

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 # 22
What is the first step of the control process? Choose 1 answer

A. Taking corrective action
B. Setting performance standards
C. Measuring performance
D. Comparing performance against standards

Answer: B

Explanation:
The first step of the control process is setting performance standards.
* Setting Performance Standards(Answer B): This step involves establishing the criteria against which performance will be measured. These standards serve as the benchmark for assessing actual performance and determining any necessary corrective actions.
* Measuring Performance(Answer C) andComparing Performance Against Standards(Answer D): These
* steps come after setting performance standards.
* Taking Corrective Action(Answer A): This is the final step in the control process.

NEW QUESTION # 23
What is evident when a company does something especially well in comparison to its competitors? Choose 1 answer

A. Strategic liaisons
B. Urban location
C. Core capabilities
D. Competitive objectives

Answer: C

Explanation:
When a company does something especially well in comparison to its competitors, this is evident through its core capabilities. Core capabilities refer to a firm's resources and skills that are fundamental to its business and competitive advantage. These capabilities enable the firm to differentiate itself from competitors, achieve better performance, and maintain a strong market position.

NEW QUESTION # 24
Which customer relationship concept emphasizes the relationship between the company, the competition, and the customer? Choose 1 answer

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

Answer: D

Explanation:
The customer relationship concept that emphasizes the relationship between the company, the competition, and the customer is the Strategic Triangle. This model highlights the importance of balancing these three elements to achieve competitive advantage. It involves understanding customer needs, monitoring competitor actions, and leveraging company strengths to deliver superior value to customers.

NEW QUESTION # 25
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