WGU D080 ExamQuestions With Complete Correct Answers (A+ Pass) with correct answer 100%

WGU D080 ExamQuestions With Complete Correct Answers (A+ Pass) with correct answer 100% Globalization - Correct Answer Worldwide interconnections in virtually every sphere of activity including the spread of products, technology, information, and job opportunities. Globalization can result in blurred boundaries between nations, organizations, and investors trade - Correct Answer The action of buying and selling goods and services capital - Correct Answer Financial assets such as funds but also equipment, facilities, and other means of production outsource - Correct Answer To obtain goods or services from an outside or foreign supplier nongovernmental organizations (NGOs) - Correct Answer Not for profit organizations that are independent of the government and are active in humanitarian causes Which type of globalization refers to the international movement of goods, capital, and services? - Correct Answer Economic patents - Correct Answer Protects inventions and improvements to existing inventions for a limited period of time in exchange for detailed public disclosure of those inventions copyrights - Correct Answer A government authority or license giving the owner of an invention the right to exclude others from making or selling the invention for a set period of time trademarks - Correct Answer Protection for any word, name, symbol, device, or any combination used in commerce to identify and distinguish the goods of one manufacturer or seller from goods manufactured or sold by others assets - Correct Answer A useful or valuable thing; something you own such as building, inventory, or cash liabilities - Correct Answer Being responsible for a debt or financial obligation, something you owe financial instrument - Correct Answer A monetary contract between parties multinational firms - Correct Answer A large corporation incorporated in one country which produces or sells goods or services in various countries The 5 Stages of going Global - Correct Answer Stage 1 ~ Market Entry Stage 2 ~ Product Specialization Stage 3 ~ Value Chain Disaggregation Stage 4 ~ Value Chain Reengineering Stage 5 ~ Creation of New Markets Economies of scale - Correct Answer A proportionate savings in costs gained by an increased level of production Economies of scope - Correct Answer To develop efficiencies in terms of variety not volume 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? - Correct Answer Cost 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? - Correct Answer Cost A CEO is discussing an expansion of production of a company's highly perishable dairy line in a country that can offer low labor costs and good internet connections. The country has no highways, and roads are poorly maintained. Which challenge to international business expansion do the road conditions present? - Correct Answer Infrastructure Six Sigma - Correct Answer A method that provides tools for organizations to increase performance and decrease process variation Which factor of CAGE addresses differences in country size that affect barriers to globalization? - Correct Answer Economics Gini coefficient - Correct Answer Measures the inequality among values of a frequency distribution such as levels of income Happy Planet Index - Correct Answer Measures how well nations are doing at achieving long, happy, sustainable lives Which argument is used by critics who wish to discourage movement towards globalization? - Correct Answer It increases the wealth of the rich rather than the poor. gross domestic product (GDP) - Correct Answer The total value of goods and services provided in a country in a one-year period