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Exam Code: Organizational-Behaviors-and-Leadership
Exam Name: WGU Organizational Behaviors and Leadership (IBC1)Certification
Version: V16.75
Q & A: 400 Questions and Answers
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NEW QUESTION: 1
The retail petroleum industry consists of a few large firms that sell a standardized product.Which of the following best describes this industry?
A. Monopolistic competition.
B. Monopoly.
C. Pure competition.
D. Oligopoly.
Answer: D
Explanation:
An oligopoly consists of a few large firms. If products are standardized, competition may be based solely on price. If products are partially differentiated, each firm may attempt to lead the industry regarding a given attribute, e.g., price, quality, service, or features. The retail petroleum industry is dominated by a small number of firms that control a vast majority of the market. Furthermore, it is an example of an industry that sells a standardized product, with competition based primarily on price.
NEW QUESTION: 2
Gary is the project manager of the MMQ project for his company. He is working with his project team to plan the risk responses for his project. Sarah, a project team member, does not understand the process that Gary is using to plan the risk responses. Which approach is the preferred method to address project risks and the risk responses?
A. Risks in the project should be addressed by their probability for creating risk responses.
B. Risks in the project should be addressed by their priority for creating risk responses.
C. Risks in the project should be addressed by the organization's risk tolerance for creating risk responses.
D. Risks in the project should be addressed by their impact for creating risk responses.
Answer: B
NEW QUESTION: 3
A user needs to access CAR logs to adjust settings. Which two options are required? (Choose two.)
A. The user account has the Standard CAR role.
B. The user account has the CTI Enabled role.
C. The user must log in at https://<Server-ip/name>:8443/cdr/Logon.jsp.
D. The user must log in at https://<Server-ip/name>:8443/car/Logon.jsp.
E. The user account has the Standard CAR Admin Users role.
Answer: D,E
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