Wgu c211 chapter 1 - Study guides, Class notes & Summaries

Anti dumping law - Law that makes it illegal for an exporter to sell goods below cost abroad with the intent to raise prices after eliminating local rivals antitrust laws - Law that makes cartels (trusts) illegal Antitrust policy - government regulation aimed at preventing monopoly and fostering competition in markets where competition is desirable Attack - An initial set of actions to gain competitive advantage. Blue Ocean Strategy - Strategy that focuses on developing new markets ("blue...

WGU C211 Chapter 1 questions and answers

WGU C211 Chapter 10 Questions and answers with 100% Correct Answers | Latest Update 2024 | Rated A+ Build-operate-transfer (BOT) agreement - A non-equity mode of entry used to build a longer-term presence by building and then operating a facility for a period of time before transferring operations to a domestic agency or firm. Comarketing - Efforts among a number of firms to jointly market their products and services country of origin effect - The positive or negative perception of firms and ...

International Business (IB) - A business (or firm) that engages in international (cross-boarder) economic activities. Multinational Enterprise (MNE) - A firm that engages in foreign direct investment. Foreign Direct Investment (FDI) - When a business participates in investing, controlling, and managing value-added activities in other countries. Global Business - Business around the Globe. Emerging Economies - Replaced the term "developing countries" Purchasing Power Parity (PPP) - A co...

Build-operate-transfer (BOT) agreement - A non-equity mode of entry used to build a longer-term presence by building and then operating a facility for a period of time before transferring operations to a domestic agency or firm. Comarketing - Efforts among a number of firms to jointly market their products and services country of origin effect - The positive or negative perception of firms and products from a certain country.

WGU C211 Peng End of Chapter Quizzes 1, 2, 5, 6, 7, 10, 11 Latest (2024 / 2025) (Verified Answers)

WGU C211 Chapter 5 Questions and answers with 100% Correct Answers | Latest Update 2024 | Rated A+ Absolute Advantage - The economic advantage one nation enjoys that is absolutely superior to other nations. Administrative policy - Bureaucratic rules that make it harder to import foreign goods antidumping duty - tariff levied on imports that have been "dumped" (selling below costs to "unfairly" drive domestic firms out of business) balance of trade - The aggregation of buying (importing) ...

WGU C211 Chapter 1 questions and answers International Business - answer (IB) A business (or firm) that engages in international (cross-boarder) economic activities. Multinational Enterprise - answer (MNE) A firm that engages in foreign direct investment. Foreign Direct Investment - answer (FDI) When a business participates in investing, controlling, and managing value-added activities in other countries. International - answer Focuses on foreign entrants Business Port - answer Includ...

WGU C211 Chapter 1 questions and answersGlobalization The process by which businesses or other organizations develop international influence or start operating on an international scale Import quota A limit on the number of products in certain categories that a nation can import Emerging economy Nations with social or business activity in the process of rapid growth and industrialization Global economic pyramid Pyramid that consists of all of the world's economies, comp...

Foreign direct investment (FDI) is: - ANSWER investment in activities that control and manage value-added activities in foreign countries. Foreign portfolio investment (FPI) is: - ANSWER investment in foreign stocks and bonds that do not involve the active management of foreign assets. Which of the following are examples of ownership, location, and internalization (OLI) advantages? - ANSWER Possession of valuable foreign assets Unique natural resources that provide advantages to the firm...