D080 exam 2023 questions - Study guides, Class notes & Summaries

What are the advantages of a mixed economy? - Answer mirror those of the market economy in that goods and services are distributed where they are most needed. Prices are set by supply and demand, innovation is encouraged, and capital is allocated to the businesses that are the most innovative and efficient. A mixed economy minimizes the disadvantages of a market economy by having a more significant role for government intervention in the market. What are the disadvantages of a mixed econom...

Common Law - ANSWER-Judges interpret the law, and judicial rulings can set precedent Religious Law - ANSWER-Is based on religious guidelines Customary Law - ANSWER-Can vary from community to community and is found in countries without strong formal justice systems Canon Law - ANSWER-This system is the body of laws and regulations made by a religious authority governing communities Special Drawing Rights - ANSWER-The international type of monetary reserve currency created by the IMF TRIP...

WGU D080 Managing in a Global Business Environment | Exam Questions and Answers 100% CorrectWGU D080 Managing in a Global Business Environment | Exam Questions and Answers 100% CorrectWGU D080 Managing in a Global Business Environment | Exam Questions and Answers 100% CorrectWGU D080 Managing in a Global Business Environment | Exam Questions and Answers 100% Correct A farmers market has many vendors and consumers who all sell and buy the same produce at the same price. Which type of market i...

WGU D080 Managing in a Global Business Environment Exam 2023/2024 with complete solution 150 Questions 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? Perfect competition 3 multiple choice options A sole, national telephone company was found violating antitrust laws and was forced to separate into regional companies. What caused the violation of the antitrust laws? Reduced competition 3 ...

WGU D080 Pre-Assessment Review Questions With Correct Answers Latest 2023/2024 Graded A+. Which factor results in a higher rate of globalization? - Answer Reduced trade barriers What are the four factors in Ghemawat's CAGE analysis? - Answer Culture, administration, geography, economy What is a major drawback to the home country when companies outsource manufacturing jobs to countries with lower worker wages? - Answer Loss of manufacturing jobs A country has a characteristic traditional ...

A business is entering a global market at the same time it has been trying to improve its level of corporate social responsibility (CSR).Which CSR goal should this company remember during this process? - Answer Increase shareholder trust via high ethical standards A company would like to expand its corporate social responsibility (CSR) initiatives to a global level. Which strategy should the company use to meet this goal? - Answer Engage stakeholders on the issue of air quality An individ...

What is globalization? - ANSWER - When international integration arises from the interchange of world views, products, ideas, and other aspects of cultures. different types of Globalization - ANSWER - 1. Economic 2. Political 3. Cultural Advantages of Economic globalization - ANSWER - more trade, investments, information technology, faster economic development, and increased social being Disadvantages of Economic globalization - ANSWER - benefits the rich at the expense of the poor,...

Globalization - ANSWER-Worldwide interconnections in virtually every sphere of activity including the spread of products, technology, information, and job opportunities. Can result in blurred boundaries between nations, organizations, and investors Trade - ANSWER-The actions of buying and selling goods and serviced Capital - ANSWER-Financial assets such as funds but also equipment, facilities, and other means of production 1. Trade and Transactions 2. Capital and Investment Movements ...

WGU D080 Managing in a Global Business Environment, Top Exam Questions and answers, rated A+ The key element of globalization is interdependence and interconnectedness among companies and countries around the globe. Globalism is characterized by an increasing number of worldwide connections, rapid and discontinuous change, an increasing number of diverse participants, and growing complexity. What is globalization? economic: developed economies integrating with developing countries through...