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WGU D080 MANAGING IN A GLOBAL BUSINESS ENVIRONMENT
EXAM 2024 COMPLETE 250 ACTUAL EXAM QUESTIONS WITH
DETAILED VERIFIED ANSWERS (100% CORRECT ANSWERS)
/ALREADY GRADED A+
Which type of law system is based on a code and focuses on how the law is applied to the facts? - Correct Answer - Civil
Which law is based on tradition and precedent given that judicial rulings can stand as precedents for future cases? - Correct Answer - Common
Which law system can vary from community to community and is found in countries without strong formal justice systems? - Correct Answer - Customary
In which law system does a judge decide the applicable law for the case as a jury determines the facts? - Correct Answer - Common
Which activity of the International Monetary Fund (IMF) impacts policy making? - Correct Answer - Being owned and directed by the governments of the member nations
What is a characteristic of the International Monetary Fund (IMF)? - Correct Answer - The IMF is a cooperative institution and provides more effective currency exchange.
What was the initial purpose of the International Monetary Fund (IMF) in phase one, prior to 1973? - Correct Answer - Regulated currency exchange between nations
How does the International Monetary Fund (IMF) impact international organizations and governments? - Correct Answer - It reduces funding for social programs.
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pg. 2 Which unethical act is addressed by the U.S. Foreign Corrupt Practices Act of 1977?Cronyism Nepotism Bribery Favoritism - Correct Answer - Bribery
A large corporation deceived regulators with fake holdings and cheated shareholders out of massive amounts of money.Which unethical practice was used by the corporation?Kickback Bribery Securities fraud Insider trading - Correct Answer - Securities fraud
The British East India Company used expansionist policies to gain profits in the East Indies by collecting unreasonable taxes from Indians.Which unethical practice was used by this company?Creating fake assets Hiding debt from investors Stealing from the people they ruled Colluding to commit finance fraud - Correct Answer - Stealing from the people they ruled
A large, publicly traded telecommunications company falsified its earnings report and hid debt.Which unethical practice did the company engage in?Bribery Insider trading Kickback Fraudulent accounting - Correct Answer - Fraudulent accounting 2 / 4
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What is the purpose of internal controls?To ensure irregularities of a system's performance To establish procedures for manufacturing operations To create processes for credentialing accounting staff To create redundancies in a system to ensure it functions properly - Correct Answer - To create redundancies in a system to ensure it functions properly
How should a company ensure that internal controls are effectively implemented?By performing due diligence with procedures By providing financial data to shareholders By creating systems that are new to the company By simplifying procedures in accounting - Correct Answer - By performing due diligence with procedures
Which outcome is a result of a company ensuring that shrinkage is reported in accounting?Mismanagement of inventory Customer trust decreased Perishable goods going unrecorded Petty theft being reduced - Correct Answer - Petty theft being reduced
What is a common name for the International Bank for Reconstruction and Development? - Correct Answer - World Bank
What was the first loan that the World Bank made after the end of World War II? - Correct Answer - To France to rebuild its infrastructure
Which criticism is associated with the World Bank? - Correct Answer - The developed countries of U.S. and Europe have too much control over its decisions. 3 / 4
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Which criticism is made about the World Bank? - Correct Answer - It does not consider how funding projects will affect the environment.
What was one of the results of the Uruguay Round of the World Trade Organization negotiations? - Correct Answer - Decrease in tariffs
Which organization was formed after World War II to encourage international commerce? - Correct Answer - World Trade Organization
Which criticism is made about the World Trade Organization (WTO)? - Correct Answer - It protects developed countries more than developing countries.
Which strategic network was established to work towards decreasing tariff rates and protecting commerce and intellectual property globally? - Correct Answer - World Trade Organization (WTO)
Which aspect of the International Monetary Fund (IMF) will assist the newly elected leader in paying the deficit in U.S. dollars, if agreed on by both countries? - Correct Answer - The IMF provides a means for effective currency exchange between countries.
Which strategy is used by governments to limit the foreign direct investment in a country? - Correct Answer - Creating foreign ownership restrictions in the country
Which activity is considered a foreign direct investment (FDI) by a multinational corporation? - Correct Answer - Setting up manufacturing plants in the host country
Company A is located outside the home country of Company B. Company B has acquired Company A with the intent of controlling and managing Company A's assets.Which practice is being used by Company B? - Correct Answer - Foreign direct investment
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