Wgu d080 final exam Study guides, Class notes & Summaries

How do monopolies hurt consumers? - 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. - 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? - ANSWER - P...

A company would like to use a human resource approach that leads to more fluid movement among employees and creates diversity in the workforce. Assignment decisions are made jointly by the headquarters and the field offices. Which human resource approach should be used by this company? - ANSWER - Geocentric Worldwide interconnections in virtually every sphere of activity including the spread of products, technology, information, and job opportunities. Globalization can result in blurred boun...

How do monopolies hurt consumers? - 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. - ANSWER - anti-trust laws ? - ANSWER - Pure competition A sole, national telephone company was found violating antitrust laws and was forced to separate into regional companies. W...

WGU D080 Managing in a Global Business Environment Exam Bank_ Summer 2022/2023 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 "Correct Answer"- Cultural training What happens to consumer surplus when tariffs and quotas are discontinued? "Correct Answer"- They increase ...

(WGU D080) BUS 2070 MANAGING IN A GLOBAL BUSINESS ENVIRONMENT FINAL EXAM REVIEW(WGU D080) BUS 2070 MANAGING IN A GLOBAL BUSINESS ENVIRONMENT FINAL EXAM REVIEW(WGU D080) BUS 2070 MANAGING IN A GLOBAL BUSINESS ENVIRONMENT FINAL EXAM REVIEW

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...