D080 WGU QUESTIONS AND ANSWERS
Which type of globalization refers to the international movement of goods, capital, and
services? - Answers -Economic
The CEO of an international company reminds the executive vice presidents that while
the company may do good while performing corporate social responsibilities, the
business has one ultimate goal since it is engaged in commercial activities with
corporate shareholders.
Which ultimate goal is the CEO emphasizing to the executive vice presidents? -
Answers -Profitability
A CEO seeks to better use the economies of scale and scope of production to increase
the international company's profits.
Which type of globalization driver is the CEO seeking to use? - Answers -Cost
Which activity of the International Monetary Fund (IMF) impacts policymaking? -
Answers -Being owned and directed by the governments of the member nations
What is a characteristic of the International Monetary Fund (IMF)? - Answers -The IMF
is a cooperative institution and provides more effective currency exchange
Which criticism is associated with the World Bank? - Answers -The developed
countries of U.S. and Europe have too much control over its decisions
What was the first loan that the World Bank made after the end of World War 2? -
Answers -To France to rebuild its infrastructure
What was one of the results of the Uruguay Round of the World Trade Organization
negotiations? - Answers -Decrease in tariffs
Which criticism is made about the World Trade Organization? - Answers -It protects
developed countries more than developing ones
Managers in an international company are arranging jobs so similar tasks are
coordinated. Which activity is being completed by this company? - Answers -
Departmentalization
Managers at an international business are deciding the method by which it will be
organized. The business is highly diversified, manufacturing a number of different
components and parts for its industrialized customers.
Which departmentalization structure should be used by this company? - Answers -
Product
, A global company is generally referred to as a: - Answers -Multinational Corporation
(MNC)- operates in two or more countries
Employee employee feels empowered to make decisions to solve customer problems
independent of seeking manager approval and useless facts ability to meet customer
needs. Which decision making structure is being used by this employee? - Answers -
Decentralized
A fast Food Company six to expand internationally and changes its menu to appeal to
the new countries food tastes. Which action is being sought by the company by making
this change? - Answers -Local responsiveness
A company wants to gain market share but does not want to establish operations in
other countries nor Taylor its products to the other countries. Which entry strategy shut
the company you used to meet this girl under these conditions? - Answers -Export
A car company wants to expand internationally but encounters much international
competition to reduce cost while responding to local needs. Which strategy shut the
company used to middle school under these conditions? - Answers -Transnational
A company decides to focus on economies of scale to decrease production costs and
increase revenues.
Why is this strategy effective? - Answers -Manufacturing in large quantities keeps costs
low
When expanding internationally to a country with a lower average income, a company
made efforts to reduce the price of its product, even though it eliminated some of the
benefits the product has in other markets. This allowed for greater sales in the new
market.
Which strategy is being used by this company? - Answers -Adaptation
A company owner is considering manufacturing using a global standardization strategy
to achieve economies of scale.
Why is this strategy effective? - Answers -It manufactures the same product for all
markets
What are the three marketing strategies? - Answers -Standardization, Adaptation,
Glocalization
__________ is a business agreement in which parties agree to develop a new entity
and new assets by contributing equally. - Answers -A joint venture
A company has decided that a foreign direct investment should be made during the next
quarter to strengthen the organization.
Which method should be used for this purpose? - Answers -Establishing a greenfield
venture
Which type of globalization refers to the international movement of goods, capital, and
services? - Answers -Economic
The CEO of an international company reminds the executive vice presidents that while
the company may do good while performing corporate social responsibilities, the
business has one ultimate goal since it is engaged in commercial activities with
corporate shareholders.
Which ultimate goal is the CEO emphasizing to the executive vice presidents? -
Answers -Profitability
A CEO seeks to better use the economies of scale and scope of production to increase
the international company's profits.
Which type of globalization driver is the CEO seeking to use? - Answers -Cost
Which activity of the International Monetary Fund (IMF) impacts policymaking? -
Answers -Being owned and directed by the governments of the member nations
What is a characteristic of the International Monetary Fund (IMF)? - Answers -The IMF
is a cooperative institution and provides more effective currency exchange
Which criticism is associated with the World Bank? - Answers -The developed
countries of U.S. and Europe have too much control over its decisions
What was the first loan that the World Bank made after the end of World War 2? -
Answers -To France to rebuild its infrastructure
What was one of the results of the Uruguay Round of the World Trade Organization
negotiations? - Answers -Decrease in tariffs
Which criticism is made about the World Trade Organization? - Answers -It protects
developed countries more than developing ones
Managers in an international company are arranging jobs so similar tasks are
coordinated. Which activity is being completed by this company? - Answers -
Departmentalization
Managers at an international business are deciding the method by which it will be
organized. The business is highly diversified, manufacturing a number of different
components and parts for its industrialized customers.
Which departmentalization structure should be used by this company? - Answers -
Product
, A global company is generally referred to as a: - Answers -Multinational Corporation
(MNC)- operates in two or more countries
Employee employee feels empowered to make decisions to solve customer problems
independent of seeking manager approval and useless facts ability to meet customer
needs. Which decision making structure is being used by this employee? - Answers -
Decentralized
A fast Food Company six to expand internationally and changes its menu to appeal to
the new countries food tastes. Which action is being sought by the company by making
this change? - Answers -Local responsiveness
A company wants to gain market share but does not want to establish operations in
other countries nor Taylor its products to the other countries. Which entry strategy shut
the company you used to meet this girl under these conditions? - Answers -Export
A car company wants to expand internationally but encounters much international
competition to reduce cost while responding to local needs. Which strategy shut the
company used to middle school under these conditions? - Answers -Transnational
A company decides to focus on economies of scale to decrease production costs and
increase revenues.
Why is this strategy effective? - Answers -Manufacturing in large quantities keeps costs
low
When expanding internationally to a country with a lower average income, a company
made efforts to reduce the price of its product, even though it eliminated some of the
benefits the product has in other markets. This allowed for greater sales in the new
market.
Which strategy is being used by this company? - Answers -Adaptation
A company owner is considering manufacturing using a global standardization strategy
to achieve economies of scale.
Why is this strategy effective? - Answers -It manufactures the same product for all
markets
What are the three marketing strategies? - Answers -Standardization, Adaptation,
Glocalization
__________ is a business agreement in which parties agree to develop a new entity
and new assets by contributing equally. - Answers -A joint venture
A company has decided that a foreign direct investment should be made during the next
quarter to strengthen the organization.
Which method should be used for this purpose? - Answers -Establishing a greenfield
venture
