WGU FVC1 Global Business Tests Compilation Bundle

What are the characteristics of globalization? correct answer: Communication, transportation, transnational businesses, free trade agreements, consumer culture, labor force. How do major international institutions facilitate globalization? correct answer: International monetary funds: provides ...

Creation of isolationist policies correct answer: Which negative outcome on political systems comes from globalization? Reduced trade barriers correct answer: Which factor results in a higher rate of globalization? Loss of manufacturing jobs correct answer: What is a major drawback to the h...

What is an advantage of using intermediaries in an indirect distribution channel? A. It displays a sense of ownership of the products B. It reduces up-front costs with the use of an existing channel C. It controls the marketing efforts D. It maintains the company's interests at the forefront co...

What is globalization? correct answer: A process that involves the entire world and results in making something worldwide in scope. What are the arguments for and against globalization from country's perspective? correct answer: Firms have benefitted from globalization by being able to special...

Globalization encompasses the socio-economic reform process of eliminating trade, investment, cultural, information technology, and political barriers across countries, which could lead to increased economic growth and geo-political integration and interdependence among nations of the world. a. Tr...

Type of Funding for the International Business - Large Companies correct answer: Cash Loans Bonds Equity Type of Funding for the International Business - Small Companies correct answer: VC Angel Investors Friends Family or Fools Crowdsourcing Type of Funding for the International Busi...

The formal system of task and authority relationships that control how people coordinate their actions and use resources to achieve organizational goals. correct answer: Organizational Structure It allows for activities based upon a division of labor by departmentalization, standardization, and ...

What is Globalization? correct answer: International interaction arising from the exchange of world views, products, ideas and other aspects of culture What business opportunities are presented by globalization? correct answer: Amazon**continue Economic effect of globalization correct answer...

According to the Chapter 1 opening vignette, which of the following is a major global concern, especially to international organizations such as the International Monetary Fund, the World Bank, and the World Trade Organization? a. The spread of the AIDS virus b. Lack of adequate supplies of foo...

What are the characteristics of globalization? correct answer: Communication, transportation, transnational businesses, free trade agreements, consumer culture, labor force. How do major international institutions facilitate globalization? correct answer: International monetary funds: provides ...

Globalization correct answer: the process through which an increasingly free flow of ideas, people, goods, services and capital leads to the integration of economies and societies How do major international institutions facilitate globalization? correct answer: help transmit information, enforc...

Globalization correct answer: International integration that occurs from interchange of world views, products, ideas, and other aspects of culture. Globalization Opportunities correct answer: *demand for new products *lower labor cost *less expensive natural resources *operate internationall...

globalization correct answer: the socioeconomic reform process of eliminating trade, investment, information technology, and cultural and political barriers across countries, which in turn can lead to increased economic growth and geopolitical integration and interdependence among nations of the wo...

Which of the following is a characteristic of globalization? correct answer: Culture How do major international institutions facilitate globalization? correct answer: By creating an international monetary system What do countries with politicians that sustain transparency in global competiti...