WGU D080

WGU D080 UNIT 2 - Study Guide Questions (GLOBAL) What is globalization? -the growing global economic, cultural, and political integration and interaction what business opportunities are presented by globalization? -economic growth, spread of technology and innovation, lower cost of products, access to new markets what are the economic effects of globalization? -reduces cost of manufacturing, consumers have a wider variety of goods what are the political effects of globalization? -red...

WGU D080 Study Guide for OA What is globalization? -as international integration arising from the exchange of world views, products, ideas, and other aspects of culture. What is Culture Globalization? -refers to the transmission of ideas, meanings, and values around the world in such a way that extends and intensifies social relations. What is Political Globalization? -Refers to the emergence of an increasing number of global institutions such as the growth of both intergovernmental org...

WGU D080 Pre-Assessment Questions and Answers Which negative outcome on political systems comes from globalization? -Creation of isolationist policies Which factor results in a higher rate of globalization? -Reduced trade barriers What are the four factors in Ghemawat's CAGE analysis? -Culture, administration, geography, economy What is a major drawback to the home country when companies outsource manufacturing jobs to countries with lower worker wages? -Loss of manufacturing jobs A...

WGU D080 PA Possible Questions & Answers Which negative outcome on political systems comes from globalization? -Creation of isolationist policies Which factor results in a higher rate of globalization? -Reduced trade barriers What are the four factors in Ghemawat's CAGE analysis? -Culture, administration, geography, economy What is a major drawback to the home country when companies outsource manufacturing jobs to countries with lower worker wages? -Loss of manufacturing jobs A cou...

WGU D080 Module Quizzes Nowadays, countries have joined different international organizations as well as regional organizations and have signed agreements to follow the organization's rules. This is due to______. * -Political globalization General Motor in recent years have gradually moved its production facilities to Mexico and have lowered the production cost significantly. This is a benefit brought by_________. -Economic globalization Over many years, the Ireland government has ma...

WGU D080 Managing in a Global Business Environment (250 Q&As) A company is considering establishing a subsidiary in a new host country and wishes to prepare its expatriates to adapt to the local environment. How should this company prepare its expatriates? Negotiation Operational training Repatriation Cultural Training -Cultural training What happens to consumer surplus when tariffs and quotas are discontinued? -They increase Which type of tariff is put in place to specifically ensur...

WGU D080 Global Business FVC1 V2 and Module 1-4 What is globalization? -i international integration arises from the interchange of world views, products, ideas, and other aspects of culture. What are the economic effects of globalization - Trade Investment Information Technology What are the political effects of globalization -Recue the importance of nation-states NGOs What are the cultural effects of globalization -Transmission of ideas, meanings, and values around the world. Wh...

WGU D080 Exam Questions & Answers Sure Start is starting a new division for rechargeable batteries in different parts of the world. What was the globalization driver of this decision? -Competition drivers are about entering new markets to beat competitors. Sure Start has identified a market that does not have a lot of competition since it is a fairly new market. Which type of globalization is represented by Sure Start expanding into South America, Europe, and Asia? -Economic globalizati...

How do monopolies hurt consumers? - lack of economic competition, corporations have the ability to raise the market price without losing customers to competition. _________________ are statutes developed by governments to protect consumers from predatory business practices and ensure fair competition. - anti-trust laws A farmers market has many vendors and consumers who all sell and buy the same produce at the same price. Which type of market is represented? - Pure competition A sole, nat...