100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
Previously searched by you
WGU D080 MANAGING IN A GLOBAL BUSINESS ENVIRONMENT OA FINAL EXAM VERSION A & B LATEST ALL 300 QUESTIONS AND CORRECT VERIFIED ANSWERS JUST RELEASED. | click on ALSO AVAILABLE IN PACKAGE DEAL. You'll get more for less!"$26.99
Add to cart
WGU D080 MANAGING IN A GLOBAL BUSINESS ENVIRONMENT
WGU D080 MANAGING IN A GLOBAL BUSINESS ENVIRONMENT
Exam (elaborations)
WGU D080 MANAGING IN A GLOBAL BUSINESS ENVIRONMENT OA FINAL EXAM VERSION A & B LATEST ALL 300 QUESTIONS AND CORRECT VERIFIED ANSWERS JUST RELEASED. | click on ALSO AVAILABLE IN PACKAGE DEAL. You'll get more for less!"
2 views 0 purchase
Course
WGU D080 MANAGING IN A GLOBAL BUSINESS ENVIRONMENT
Institution
WGU D080 MANAGING IN A GLOBAL BUSINESS ENVIRONMENT
ATTENTION!! Great news! For a more affordable option with extra details, click on ALSO AVAILABLE IN PACKAGE DEAL. You'll get more for less!"
WGU D080 MANAGING IN A GLOBAL BUSINESS ENVIRONMENT OA
FINAL EXAM VERSION A & B LATEST 2024-2025 ALL 300 QUESTIONS
AND CORRECT VERIFIED ANSWERS JUST RELEASED
WGU D080 MANAGING IN A GLOBAL BUSINESS ENVIRONMENT OA EXAM A
Q: A farmer knows that it takes 100 hours of labor to produce 100 bushels of corn. It only takes
50 hours of labor to produce 100 bushels of soy. Currently, a bushel of corn is selling at three
times a bushel of soy.
Which type of cost should the farmer use to determine what to plant? - ANSWER-Opportunity
Q: A country produces goods more efficiently than all other countries in the same industry.
Which type of advantage does this country have? - ANSWER-Absolute
Q: Country A exports farming equipment to Country B, while Country B exports car
manufacturing equipment to Country A. Both countries are highly developed and could develop
these industries separately but instead made the decision to export and import these products
from each other.
Which unique condition caused this practice between the two countries? - ANSWER-Skill
specialization
Q: A company produces the same product over and over, and it has caused the manufacturing
cost of the product to become cheaper and more competitive in international markets than
similar products in the industry.
Which approach is this company using to achieve this ability? - ANSWER-Economies of scale
1
,Page 2 of 144
Q: A country with a new economy implemented trade protectionism in relation to countries
with more developed economies.
Why did the country take this action? - ANSWER-To restrict international economic trade
Q: How do anti dumping laws protect a domestic market? - ANSWER-They prevent foreign
companies from selling goods and services at or below cost.
Q: How do Congress and the Department of Agriculture use quotas to their advantage? -
ANSWER-To increase domestic prices to specific levels to make products profitable
Q: Which strategy should a government use to offset the cost of manufacturing domestically? -
ANSWER-Subsidies
Q: Which type of globalization refers to the international movement of goods, capital, and
services? - ANSWER-Economic
Q: The CEO of an international company reminds the executive vice presidents that while the
company may do good while performing corporate social responsibilities, the business has one
ultimate goal since it is engaged in commercial activities with corporate shareholders.
Which ultimate goal is the CEO emphasizing to the executive vice presidents? - ANSWER-
Profitability
2
,Page 3 of 144
Q: A CEO decides to expand the company's business internationally by purchasing production
capability in another country, including the foreign country's buildings and equipment.
Which type of market entry is the CEO using? - ANSWER-Direct investment
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 - ANSWER-Cultural training
Q: What happens to consumer surplus when tariffs and quotas are discontinued? - ANSWER-
They increase
Q: Which type of tariff is put in place to specifically ensure that domestic industries are given an
advantage? - ANSWER-Protective
Q: What is a benefit of implementing a system of free trade? - ANSWER-Reduced tariffs would
result in lower costs of imported raw materials.
3
, Page 4 of 144
Q: How are free trade agreements handled differently than treaties in the United States? -
ANSWER-Treaties must be approved by the Senate, whereas a free trade agreement must pass
both houses of Congress.
Q: Treaties must be approved by the Senate, whereas a free trade agreement must pass both
houses of Congress. - ANSWER-Tariffs
Q: An airplane manufacturer outsources the manufacture of some its parts and sub-assemblies.
They are then returned to the manufacturer's main plant for final assembly. - ANSWER-Value
chain
Q: Country A exports more goods to Country B than it imports from Country B. Country A
receives more monetary gain by using this practice.
Which relationship does Country A have with Country B? - ANSWER-Trade surplus
Q: Country A has been criticized by other countries for giving generous tax credits to its corn
farmers, which in turn, enables the country's farmers to sell corn on the international markets
cheaper than all other countries.
Which term is used by other countries to describe this practice? - ANSWER-Government
subsidies
Q: A CEO seeks to better use the economies of scale and scope of production to increase the
international company's profits.
4
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller STUVIAGRADES. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $26.99. You're not tied to anything after your purchase.
