Theocratic government - Study guides, Class notes & Summaries

view that claims phenomenon of globalization was initially driven by the desire of Western economies to exploit their power through MNE's new view that claims globalization is a long-run historical evolution since the dawn of humanity. Says it is nothing new and that it will always exist evolutionary view that claims globalization is swinging from one extreme to another from time to time pendulum investment in, controlling, and managing value-added activities in other co...

WGU C211 Study Guide Views of globalization (Chp 1.4) - correct answer 1. It's a new phenomenom, starting in the late 20th century. 2. It's a long term part of human history. 3. Neither recent nor one directional, it's a pendulum that swings back and forth. Strategic goal = Natural resource—seeking - correct answer Location specific advantage = Possession of natural resources and related transport and communication infrastructure Strategic goal = Market-seeking - correct answer ...

In order to better compare/contrast costs of living in the various environments GNP/GDP may be adjusted to: - Answer-PPP (purchasing power parity) Which of the following definitions best defines an expatriate manager? - Answer-A manager who works outside his or her native country The firm that engages in foreign direct investment is a: - Answer-Multinational enterprise According to the text, most MNEs are ____ the base of the pyramid. - Answer-Ignoring In order to answer the question...

WGU C211 STUDY GUIDE QUESTIONS AND ANSWERS (ACTUAL EXAM 2023/2023) GLOBAL ECONOMICS FOR MANAGERS Views of globalization (Chp 1.4) - CORRECT ANSWER-1. It's a new phenomenom, starting in the late 20th century. 2. It's a long term part of human history. 3. Neither recent nor one directional, it's a pendulum that swings back and forth. Strategic goal = Natural resource—seeking - CORRECT ANSWER-Location specific advantage = Possession of natural resources and related transport and ...

International Business - answer-is any commercial transaction that crosses the borders of two or more nations Imports - answer-Goods and services that are purchased abroad and brought into a country Exports - answer-Goods and services sold abroad and sent out of a country Key Players - answer-Large companies from the wealthiest nations Firms from emerging markets Small and medium sized companies Multinational corporations (MNCs) Born global firms Gross Domestic Product (G...

AGB 302 exam questions and answers Privatization - Answer-Parties sold state-owned enterprises to private investors Individualism - Answer-Refers to a philosophy that an individual should have freedom in his or her economic Individualism - Answer-Can be traced to Aristotle Adam Smith - Answer-The Wealth of Nations Democracy - Answer-Refers to a political system in which government is by the people, exercised either directly or through elected representatives Totalitarianism - A...

Views of globalization (Chp 1.4) 1. It's a new phenomenom, starting in the late 20th century. 2. It's a long term part of human history. 3. Neither recent nor one directional, it's a pendulum that swings back and forth. Strategic goal = Natural resource—seeking Location specific advantage = Possession of natural resources and related transport and communication infrastructure Strategic goal = Market-seeking Location specific advantage = Abundance of strong market demand a...

Views of globalization (Chp 1.4) - correct answer 1. It's a new phenomenom, starting in the late 20th century. 2. It's a long term part of human history. 3. Neither recent nor one directional, it's a pendulum that swings back and forth. Strategic goal = Natural resource—seeking - correct answer Location specific advantage = Possession of natural resources and related transport and communication infrastructure Strategic goal = Market-seeking - correct answer Location specific advanta...

Foreign Direct Investment (FDI) Investment in, controlling, and managing value-added activities in other countries. Mercantilism/Theory of Mercantilism A theory that suggests that the wealth of the world is fixed and that a nation that exports more and imports less will be richer. Strategic Trade Policy Government policy that provides companies a strategic advantage in international trade through subsidies and other supports. Transaction Risk It's the exchange rate risk...

Globalization - trend away from distinct natural economic units and toward one huge global market Globalization of Markets - trend moving away from distinct national markets, toward a system where national markets are moving towards one global market Globalization of Production - trend by firms to disperse parts of their production process across the globe to minimize costs and maximize quality Factors of Production - inputs into the productive process of a firm including la...