WGU C211 Study Guide Questions and
Answers with Complete Solution | 100%
Correct | 2026 Update
Views of globalization (Chp 1.4) -CORRECTANSWER 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 -CORRECTANSWER Location specific
advantage = Possession of natural resources and related transport and communication
infrastructure
Strategic goal = Market-seeking -CORRECTANSWER Location specific advantage =
Abundance of strong market demand and customers willing to pay
Strategic goal = Efficiency-seeking -CORRECTANSWER Location specific advantage =
Economies of scale and abundance of low-cost factors
Strategic goal = Innovation-seeking -CORRECTANSWER Location specific advantage
= Abundance of innovative individuals, firms, and universities
Name first mover advantages: (Chp 10.3) -CORRECTANSWER 1. Proprietary,
technological leadership
2. Pre-emption of scarce resources
3. Establishment of entry barriers for late entrants
4. Avoidance of clash with dominant firms at home
5. Relationships with key stakeholders such as governments
Answers with Complete Solution | 100%
Correct | 2026 Update
Views of globalization (Chp 1.4) -CORRECTANSWER 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 -CORRECTANSWER Location specific
advantage = Possession of natural resources and related transport and communication
infrastructure
Strategic goal = Market-seeking -CORRECTANSWER Location specific advantage =
Abundance of strong market demand and customers willing to pay
Strategic goal = Efficiency-seeking -CORRECTANSWER Location specific advantage =
Economies of scale and abundance of low-cost factors
Strategic goal = Innovation-seeking -CORRECTANSWER Location specific advantage
= Abundance of innovative individuals, firms, and universities
Name first mover advantages: (Chp 10.3) -CORRECTANSWER 1. Proprietary,
technological leadership
2. Pre-emption of scarce resources
3. Establishment of entry barriers for late entrants
4. Avoidance of clash with dominant firms at home
5. Relationships with key stakeholders such as governments
