WGU D080 EXAM LATEST
2026-2027 QUESTIONS & Answers
What is globalization? -Answer--When international integration arises from the
interchange of world views, products, ideas, and other aspects of cultures.
different types of Globalization -Answer--1. Economic
2. Political
3. Cultural
Advantages of Economic globalization -Answer--more trade, investments,
information technology, faster economic development, and increased social being
Disadvantages of Economic globalization -Answer--benefits the rich at the expense
of the poor, manufacturing job loss in developed countries, environmental damage,
and unethical practices of labor
Advantages of Political globalization -Answer--more cooperation amount countries,
formation of international or regional organizations, NGOs
Disadvantages of Political globalization -Answer--reduce the importance of
nation-states, loss of sovereignty and power of local government
Advantages of Cultural globalization -Answer--awareness of international community
Disadvantages of Cultural globalization -Answer--loss of uniqueness of a country's
culture
What is international business? -Answer--any situation where the production or
distribution of goods or services crosses country borders
What are opportunities for international business? -Answer--New and large
international markets offers possible more revenues, lower costs, and access to
advanced technology
What are challenges for international business? -Answer--Ethical business practice
concerns, organizational structure (create new division), public relations (build
customer loyalty), leaderships, and legal and regulatory structure
, What are the 5 stages of going global? -Answer--1. Market entry
2. product specialization
3. value chain disaggregation
4. value chain reengineering
5. creation of new markets
Market Entry -Answer--Companies enter new countries using business models
similar to the ones deployed in their home markets
Product specialization -Answer--Companies transfer the full production process of a
particular product line to a single, low-cost location and export the goods to various
consumer markets
Value chain disaggregation -Answer--Companies disaggregate the production
process and focus on completing each activity in the most advantageous location
Value chain reengineering -Answer--Companies seek to further increase their cost
savings by reengineering their processes to suit local market conditions by
substituting lower cost labor for capital
Creation of new markets -Answer--creates new demand due to the reduction of ticket
price
What are the 4 drivers of Globalization? -Answer--1. Market
2. Cost
3. Competition
4. Government
Market -Answer--Opportunity for scale and convergence of needs (foreign
consumers have the same demand as domestic consumer, no need to redesign)
Cost -Answer--- Economies of scale & scope: use same production facility for
multiple procedures.
- Exploiting cost of factors of production: labor cost reductions, natural resources
cost reduction
Competition -Answer--New markets & increased levels of trade
Government -Answer--Favorable policies, support for the industry ((can use tax
bracket to attract FDI and subsidies (free money) can help domestic business reduce
cost and charge lower price))
2026-2027 QUESTIONS & Answers
What is globalization? -Answer--When international integration arises from the
interchange of world views, products, ideas, and other aspects of cultures.
different types of Globalization -Answer--1. Economic
2. Political
3. Cultural
Advantages of Economic globalization -Answer--more trade, investments,
information technology, faster economic development, and increased social being
Disadvantages of Economic globalization -Answer--benefits the rich at the expense
of the poor, manufacturing job loss in developed countries, environmental damage,
and unethical practices of labor
Advantages of Political globalization -Answer--more cooperation amount countries,
formation of international or regional organizations, NGOs
Disadvantages of Political globalization -Answer--reduce the importance of
nation-states, loss of sovereignty and power of local government
Advantages of Cultural globalization -Answer--awareness of international community
Disadvantages of Cultural globalization -Answer--loss of uniqueness of a country's
culture
What is international business? -Answer--any situation where the production or
distribution of goods or services crosses country borders
What are opportunities for international business? -Answer--New and large
international markets offers possible more revenues, lower costs, and access to
advanced technology
What are challenges for international business? -Answer--Ethical business practice
concerns, organizational structure (create new division), public relations (build
customer loyalty), leaderships, and legal and regulatory structure
, What are the 5 stages of going global? -Answer--1. Market entry
2. product specialization
3. value chain disaggregation
4. value chain reengineering
5. creation of new markets
Market Entry -Answer--Companies enter new countries using business models
similar to the ones deployed in their home markets
Product specialization -Answer--Companies transfer the full production process of a
particular product line to a single, low-cost location and export the goods to various
consumer markets
Value chain disaggregation -Answer--Companies disaggregate the production
process and focus on completing each activity in the most advantageous location
Value chain reengineering -Answer--Companies seek to further increase their cost
savings by reengineering their processes to suit local market conditions by
substituting lower cost labor for capital
Creation of new markets -Answer--creates new demand due to the reduction of ticket
price
What are the 4 drivers of Globalization? -Answer--1. Market
2. Cost
3. Competition
4. Government
Market -Answer--Opportunity for scale and convergence of needs (foreign
consumers have the same demand as domestic consumer, no need to redesign)
Cost -Answer--- Economies of scale & scope: use same production facility for
multiple procedures.
- Exploiting cost of factors of production: labor cost reductions, natural resources
cost reduction
Competition -Answer--New markets & increased levels of trade
Government -Answer--Favorable policies, support for the industry ((can use tax
bracket to attract FDI and subsidies (free money) can help domestic business reduce
cost and charge lower price))
