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Principles-of-Management Practice Exam Questions and Answers

Principles of Management at Western Governors University(IAC1)

Last Update 4 days ago
Total Questions : 48

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Question # 1

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

Options:

A.  

A company allows two days off per year for religious celebrations to all employees regardless of religious affiliation.

B.  

A manager refuses to participate in an event that conflicts with the manager's personal religious beliefs.

C.  

A real estate agent uses her religious background as a basis for accepting bids on property that is for sale.

D.  

An individual follows religious dietary restrictions while at work regardless of the religious beliefs of others.

Discussion 0
Question # 2

Wardrobe Web. Inc., wants to analyze defects such as late delivery, wrong shipment, and poor customerservice. Which process should the company use? Choose 1 answer

Options:

A.  

Statistical analysis

B.  

Job analysis

C.  

Social constructivist analysis

D.  

Objective analysis

Discussion 0
Question # 3

What is a characteristic of a person with an entrepreneurial personality? Choose 1 answer

Options:

A.  

Motivation to excel

B.  

Opportunity tolerance

C.  

Laissez-faire

D.  

Employeeempowerment

Discussion 0
Question # 4

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

Options:

A.  

SBA loan

B.  

Venture capital

C.  

Personal funds

D.  

Initial public offering

Discussion 0
Question # 5

Which process is used to verify that deliverables are correct and complete? Choose 1 answer

Options:

A.  

Quality Control

B.  

Quality Collaboration

C.  

Quality Cooperative

D.  

Quality Assurance

Discussion 0
Question # 6

An employee of a company is working to start a separate division. This project is out of the employee's normal duties and has not been assigned by the supervisor. However, the supervisor encourages this informal project.

Which intrapreneurship activity describes this project?

Choose 1 answer

Options:

A.  

Opportunity obsession

B.  

Motivation to excel

C.  

Bootlegging

D.  

Skunkworks

Discussion 0
Question # 7

Which competitive force is reduced by the barriers provided by government policies, capital requirements, brand identification, and cost disadvantages? Choose 1 answer

Options:

A.  

Threat of new entrants

B.  

Threat of customer power

C.  

Threat of substitutes

D.  

Threat of supplier power

Discussion 0
Question # 8

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

Options:

A.  

Cognitive ability test

B.  

Personality ambitions test

C.  

Performance test

D.  

Integrity test

Discussion 0
Question # 9

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

Options:

A.  

Criminal record, race, and gender

B.  

National origin, race, and education

C.  

Race, religion, and abilities

D.  

Race, religion, and ethnic background

Discussion 0
Question # 10

A company is attempting to be efficient by offering a no-trills product. What type of strategy is the company pursuing? Choose 1 answer

Options:

A.  

Operational

B.  

Resource

C.  

Functional

D.  

Low-cost

Discussion 0
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