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

1. What is the activity called when a corporate project team is created to develop a new product? Choose 1 answer

A) Intrapreneurship
B) Benchmarking
C) Venture capitalism
D) Competitive innovation

2. What is a feature ofa bureaucracy (vertical) organization? Choose 1 answer

A) Employees must answer to two or more bosses and prioritize demands across departments.
B) Employees focus primarily on collaborating across departments and with frequent meetings.
C) Formal position authority is generally the primary means of running the organization.
D) Decision making is decentralized so a considerable amount of information is communicated informally.

3. Entrepreneurs who want to start a new business need to understand the level of risk and both dimensions.
What do entrepreneurs use to assess levels of risk and innovation?
Choose 1 answer
involved in establishing a new venture and must then decide if they are comfortable with

A) Entrepreneurial strategy matrix
B) Innovation creation diagram
C) Entrepreneurial loss function diagram
D) Collaboration tracking matrix

4. Which conflict-resolution technique would be most effective in helping create a shared goal that cannot be attained without the cooperation of each of the conflicting parties? Choose 1 answer

A) Superordinate goals
B) Communication
C) Authoritative command
D) Avoidance

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

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

Solutions: