d080 (D080)

AAA ratings correct answer: The highest possible rating that may be assigned by a credit rating agency for a bond absolute quota correct answer: A quota that strictly limits the quantity of goods that may enter a country. Ad valorem tariffs correct answer: Import taxes based on a fixed percentage of the assessed commercial value of imported goods agility correct answer: Ability to move quickly and flexibly algorithms correct answer: A process or set of rules to be followed in ca...

What is globalization? correct answer: the growing global economic, cultural, and political integration and interaction what business opportunities are presented by globalization? correct answer: economic growth, spread of technology and innovation, lower cost of products, access to new markets what are the economic effects of globalization? correct answer: reduces cost of manufacturing, consumers have a wider variety of goods what are the political effects of globalization? correct ...

Which negative outcome on political systems comes from globalization? correct answer: Creation of isolationist policies Which factor results in a higher rate of globalization? correct answer: Reduced trade barriers What are the four factors in Ghemawat's CAGE analysis? correct 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? correct answer: Loss of manuf...

absolute quota correct answer: Quota that strictly limits the quantity of goods that may enter a country acquisition correct answer: The act of taking over ownership or controlling a business Ad valorem tariffs correct answer: Import taxes based on a fixed percentage of the assessed commercial value of imported goods antitrust laws, antimonopoly laws, competition laws correct answer: Consumer protection policy used to limit unfair business practices related to competition and contro...

What is globalization? correct answer: International integrations arises from the interchange of world views, products, ideas and other aspects of culture. What opportunities to businesses are brought by globalization? correct answer: Lower labor cost What are the economic, political, and cultural effects of globalization? correct answer: Culture- extend social relations that cross national and regional borders. Political- reduce the importance of nation-states Economic- widespread, i...

Social Media Platform correct answer: Technology Commercial Air Travel correct answer: Transportation International Monetary Fund (IMF) correct answer: Cooperation Wealth Inequality correct answer: Not a Driver Members of a work team are from many different countries. They share their thoughts on developing a strategy to market a product in several different countries. What is the term for the international integration of the team members' exchange of worldviews and ideas to de...

How do monopolies hurt consumers? correct answer: lack of economic competition, corporations have the ability to raise the market price without losing customers to competition. _________________ are statutes developed by governments to protect consumers from predatory business practices and ensure fair competition. correct answer: anti-trust laws 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? ...

Which type of globalization is represented by Sure Start expanding into South America, Europe, and Asia? correct answer: economic Sure Start is starting a new division for rechargeable batteries in different parts of the world. What was the globalization driver of this decision? correct answer: competition Which action should the U.S. government take to encourage Sure Start to keep electric battery production in the country? correct answer: Impose tariffs on batteries made in Vietnam ...

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

A global company that makes promotional products, like those for corporate gifts, allows customers to engrave their corporate name and logo onto finished products. The company then ships these products to the customers. Which production process is the company using? correct answer: Mass customization A high-end global computer company concludes that it needs to concentrate on gaining production efficiencies with its manufacturing processes. The company decides to outsource the manufacturi...