Final Exam for;
WGU D080 Managing in a
Global Business
Environment
** Expert-Verified Explanation
** Questions with Verified Answer
** New Edition |Updated
** Guaranteed Pass
** 100% Correct Answers | Graded A+
,A company is considering establishing a subsidiary in a Cultural training
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
What happens to consumer surplus when tariffs and They increase
quotas are discontinued?
Which type of tariff is put in place to specifically ensure Protective
that domestic industries are given an advantage?
What is a benefit of implementing a system of free trade? Reduced tariffs would result in lower costs of imported raw materials.
How are free trade agreements handled differently than Treaties must be approved by the Senate, whereas a free trade agreement must
treaties in the United States? pass both houses of Congress.
Treaties must be approved by the Senate, whereas a Tariffs
free trade agreement must pass both houses of
Congress.
An airplane manufacturer outsources the manufacture of Value chain
some its parts and sub-assemblies. They are then
returned to the manufacturer's main plant for final
assembly.
Country A exports more goods to Country B than it Trade surplus
imports from Country B. Country A receives more
monetary gain by using this practice.
Which relationship does Country A have with Country B?
Country A has been criticized by other countries for Government subsidies
giving generous tax credits to its corn farmers, which in
turn, enables the country's farmers to sell corn on the
international markets cheaper than all other countries.
Which term is used by other countries to describe this
practice?
A farmer knows that it takes 100 hours of labor to Opportunity
produce 100 bushels of corn. It only takes 50 hours of
labor to produce 100 bushels of soy. Currently, a bushel
of corn is selling at three times a bushel of soy.
Which type of cost should the farmer use to determine
what to plant?
A country produces goods more efficiently than all other Absolute
countries in the same industry.
Which type of advantage does this country have?
Country A exports farming equipment to Country B, while Skill specialization
Country B exports car manufacturing equipment to
Country A. Both countries are highly developed and
could develop these industries separately but instead
made the decision to export and import these products
from each other.
Which unique condition caused this practice between the
two countries?
, A company produces the same product over and over, Economies of scale
and it has caused the manufacturing cost of the product
to become cheaper and more competitive in international
markets than similar products in the industry.
Which approach is this company using to achieve this
ability?
A country with a new economy implemented trade To restrict international economic trade
protectionism in relation to countries with more
developed economies.
Why did the country take this action?
How do anti dumping laws protect a domestic market? They prevent foreign companies from selling goods and services at or below
cost.
How do Congress and the Department of Agriculture use To increase domestic prices to specific levels to make products profitable
quotas to their advantage?
Which strategy should a government use to offset the Subsidies
cost of manufacturing domestically?
Which type of globalization refers to the international Economic
movement of goods, capital, and services?
The CEO of an international company reminds the Profitability
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?
A CEO decides to expand the company's business Direct investment
internationally by purchasing production capability in
another country, including the foreign country's buildings
and equipment.
Which type of market entry is the CEO using?
A CEO seeks to better use the economies of scale and Cost
scope of production to increase the international
company's profits.
Which type of globalization driver is the CEO seeking to
use?
A CEO is discussing an expansion of production of a Infrastructure
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?
Which argument is used by critics who wish to It increases the wealth of the rich rather than the poor
discourage movement towards globalization?
Anarchism Individuals control political activities, and the government has no control over
these activities
Totalitarianism A centralized government creates oppressive policies based on ideas from
powerful leadership.
WGU D080 Managing in a
Global Business
Environment
** Expert-Verified Explanation
** Questions with Verified Answer
** New Edition |Updated
** Guaranteed Pass
** 100% Correct Answers | Graded A+
,A company is considering establishing a subsidiary in a Cultural training
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
What happens to consumer surplus when tariffs and They increase
quotas are discontinued?
Which type of tariff is put in place to specifically ensure Protective
that domestic industries are given an advantage?
What is a benefit of implementing a system of free trade? Reduced tariffs would result in lower costs of imported raw materials.
How are free trade agreements handled differently than Treaties must be approved by the Senate, whereas a free trade agreement must
treaties in the United States? pass both houses of Congress.
Treaties must be approved by the Senate, whereas a Tariffs
free trade agreement must pass both houses of
Congress.
An airplane manufacturer outsources the manufacture of Value chain
some its parts and sub-assemblies. They are then
returned to the manufacturer's main plant for final
assembly.
Country A exports more goods to Country B than it Trade surplus
imports from Country B. Country A receives more
monetary gain by using this practice.
Which relationship does Country A have with Country B?
Country A has been criticized by other countries for Government subsidies
giving generous tax credits to its corn farmers, which in
turn, enables the country's farmers to sell corn on the
international markets cheaper than all other countries.
Which term is used by other countries to describe this
practice?
A farmer knows that it takes 100 hours of labor to Opportunity
produce 100 bushels of corn. It only takes 50 hours of
labor to produce 100 bushels of soy. Currently, a bushel
of corn is selling at three times a bushel of soy.
Which type of cost should the farmer use to determine
what to plant?
A country produces goods more efficiently than all other Absolute
countries in the same industry.
Which type of advantage does this country have?
Country A exports farming equipment to Country B, while Skill specialization
Country B exports car manufacturing equipment to
Country A. Both countries are highly developed and
could develop these industries separately but instead
made the decision to export and import these products
from each other.
Which unique condition caused this practice between the
two countries?
, A company produces the same product over and over, Economies of scale
and it has caused the manufacturing cost of the product
to become cheaper and more competitive in international
markets than similar products in the industry.
Which approach is this company using to achieve this
ability?
A country with a new economy implemented trade To restrict international economic trade
protectionism in relation to countries with more
developed economies.
Why did the country take this action?
How do anti dumping laws protect a domestic market? They prevent foreign companies from selling goods and services at or below
cost.
How do Congress and the Department of Agriculture use To increase domestic prices to specific levels to make products profitable
quotas to their advantage?
Which strategy should a government use to offset the Subsidies
cost of manufacturing domestically?
Which type of globalization refers to the international Economic
movement of goods, capital, and services?
The CEO of an international company reminds the Profitability
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?
A CEO decides to expand the company's business Direct investment
internationally by purchasing production capability in
another country, including the foreign country's buildings
and equipment.
Which type of market entry is the CEO using?
A CEO seeks to better use the economies of scale and Cost
scope of production to increase the international
company's profits.
Which type of globalization driver is the CEO seeking to
use?
A CEO is discussing an expansion of production of a Infrastructure
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?
Which argument is used by critics who wish to It increases the wealth of the rich rather than the poor
discourage movement towards globalization?
Anarchism Individuals control political activities, and the government has no control over
these activities
Totalitarianism A centralized government creates oppressive policies based on ideas from
powerful leadership.
