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

  • Exam Code: Principles-of-Management
  • Exam Name: Principles of Management at Western Governors University(IAC1)
  • Updated: Sep 15, 2026     Q & A: 50 Questions and Answers

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WGU Principles-of-Management Exam Syllabus Topics:

SectionObjectives
Organizational Structure and Design- Organizational Fundamentals
  • 1. Departmentalization
  • 2. Organizational hierarchy
  • 3. Centralization and decentralization
  • 4. Span of control
- Organizational Models
  • 1. Network organizations
  • 2. Matrix organizations
  • 3. Divisional structures
  • 4. Functional structures
Operations and Quality Management- Operations Management
  • 1. Supply chain concepts
  • 2. Resource management
  • 3. Process improvement
  • 4. Value chain management
- Quality Management
  • 1. Customer satisfaction
  • 2. Total Quality Management
  • 3. Quality control tools
  • 4. Continuous improvement
Business Ethics and Corporate Responsibility- Corporate Responsibility
  • 1. Corporate social responsibility
  • 2. Sustainability considerations
  • 3. Stakeholder management
- Ethical Management
  • 1. Compliance programs
  • 2. Business ethics
  • 3. Ethical decision making
Human Resource Management- Motivation and Behavior
  • 1. Motivation theories
  • 2. Workplace diversity
  • 3. Organizational behavior
  • 4. Employee engagement
- Workforce Management
  • 1. Recruitment and selection
  • 2. Employee retention
  • 3. Training and development
  • 4. Performance management
Leadership and Management- Communication and Teamwork
  • 1. Collaboration techniques
  • 2. Organizational communication
  • 3. Conflict management
  • 4. Team development
- Leadership Concepts
  • 1. Leadership theories
  • 2. Managerial roles
  • 3. Decision-making processes
  • 4. Leadership styles
Strategic Planning and Management- Strategic Planning Process
  • 1. Strategy implementation
  • 2. Strategy formulation
  • 3. SWOT analysis
  • 4. Environmental analysis
- Strategic Vision, Mission, and Goals
  • 1. Organizational goals
  • 2. Mission statements
  • 3. Strategic vision

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

Question #1

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

  • A. Venture capital
  • B. Personal funds
  • C. Initial public offering
  • D. SBA loan
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

Explanation: Only visible for Pass4guide members. You can sign-up / login (it's free).

Question #2

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

  • A. Operational
  • B. Low-cost
  • C. Functional
  • D. Resource
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

Explanation: Only visible for Pass4guide members. You can sign-up / login (it's free).

Question #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 loss function diagram
  • B. Entrepreneurial strategy matrix
  • C. Collaboration tracking matrix
  • D. Innovation creation diagram
Reveal Solution  Discussion  0

Correct Answer: B  🗳️

Explanation: Only visible for Pass4guide members. You can sign-up / login (it's free).

Question #4

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. Competitive innovation
  • D. Venture capitalism
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

Explanation: Only visible for Pass4guide members. You can sign-up / login (it's free).

Question #5

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

  • A. Bootlegging
  • B. Opportunity obsession
  • C. Skunkworks
  • D. Motivation to excel
Reveal Solution  Discussion  0

Correct Answer: A  🗳️

Explanation: Only visible for Pass4guide members. You can sign-up / login (it's free).

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