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: Jun 21, 2026

Q & A: 50 Questions and Answers

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

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

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


2. 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) Collaboration tracking matrix
C) Innovation creation diagram
D) Entrepreneurial loss function diagram


3. 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) Low-cost
B) Resource
C) Functional
D) Operational


4. At a university, older tenured faculty cannot be terminated regardless of their competence. This has caused conflict with younger, nontenured faculty. What is the source of conflict between older and younger faculty members? Choose 1 answer

A) Personal variables
B) Communication
C) Structure
D) Differing ideals


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

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


Solutions:

Question # 1
Answer: C
Question # 2
Answer: A
Question # 3
Answer: A
Question # 4
Answer: C
Question # 5
Answer: B

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