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WGU D080 MANAGING IN A GLOBAL BUSINESS ENVIRONMENT OA
FINAL EXAM LATEST2024-2025 COMPLETE 300 QUESTIONS AND
CORRECT DETAILED ANSWERS ALREADY GRADED A+
WGU D080 Managing in a Global Business Environment EXAM A Q: A CEO seeks to better use the economies of scale and scope of production to increase the international company's profits.Which type of globalization driver is the CEO seeking to use? - ANSWER-Cost
Q: A CEO is discussing an expansion of production of a company's highly perishable dairy line in a country that can offer low labor costs and good internet connections. The country has no highways, and roads are poorly maintained.Which challenge to international business expansion do the road conditions present? - ANSWER-Infrastructure
Q: A method that provides tools for organizations to increase performance and decrease process variation - ANSWER-Six Sigma
Q: Which factor of CAGE addresses differences in country size that affect barriers to globalization? - ANSWER-Economics
Q: Measures the inequality among values of a frequency distribution such as levels of income - ANSWER-Gini coefficient
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2 Q: Measures how well nations are doing at achieving long, happy, sustainable lives - ANSWER- Happy Planet Index
Q: Which argument is used by critics who wish to discourage movement towards globalization?
- ANSWER-Increases the wealth of the rich and not the poor
Q: A company would like to use a human resource approach that leads to more fluid movement among employees and creates diversity in the workforce. Assignment decisions are made jointly by the headquarters and the field offices.Which human resource approach should be used by this company? - ANSWER-Geocentric
Q: Worldwide interconnections in virtually every sphere of activity including the spread of products, technology, information, and job opportunities. Globalization can result in blurred boundaries between nations, organizations, and investors - ANSWER-Globalization
Q: The action of buying and selling goods and services - ANSWER-trade
Q: Financial assets such as funds but also equipment, facilities, and other means of production - ANSWER-capital
Q: To obtain goods or services from an outside or foreign supplier - ANSWER-outsource
Q: Not for profit organizations that are independent of the government and are active in humanitarian causes - ANSWER-nongovernmental organizations (NGOs) 2 / 4
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Q: Which type of globalization refers to the international movement of goods, capital, and services? - ANSWER-Economic
Q: Protects inventions and improvements to existing inventions for a limited period of time in exchange for detailed public disclosure of those inventions - ANSWER-patents
Q: A government authority or license giving the owner of an invention the right to exclude others from making or selling the invention for a set period of time - ANSWER-copyrights
Q: Protection for any word, name, symbol, device, or any combination used in commerce to identify and distinguish the goods of one manufacturer or seller from goods manufactured or sold by others - ANSWER-trademarks
Q: A useful or valuable thing; something you own such as building, inventory, or cash - ANSWER-assets
Q: Being responsible for a debt or financial obligation, something you owe - ANSWER-liabilities
Q: A monetary contract between parties - ANSWER-financial instrument
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4 Q: A large corporation incorporated in one country which produces or sells goods or services in various countries - ANSWER-multinational firms
Q: 5 stages of going global - ANSWER-Stage 1 ~ Market Entry
Stage 2 ~ Product Specialization Stage 3 ~ Value Chain Disaggregation Stage 4 ~ Value Chain Reengineering Stage 5 ~ Creation of New Markets
Q: A proportionate savings in costs gained by an increased level of production - ANSWER- Economies of scale
Q: To develop efficiencies in terms of variety not volume - ANSWER-Economies of scope
Q: The total value of goods and services provided in a country in a one-year period - ANSWER- gross domestic product (GDP)
Q: The total value of goods and services provided by a country, both inside and outside of its borders, in a one-year period - ANSWER-gross national product (GNP)
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