WGU D080 Managing in a Global Business Environment Complete Study Guide, Practice Questions, Answers & OA Exam Review
WGU D080
Study online at https://quizlet.com/_fxjc5m
1. A company would like to use a human resource ap- Geocentric
proach that leads to more fluid movement among em-
ployees and creates diversity in the workforce. Assign-
ment decisions are made jointly by the headquarters
and the field offices.
Which human resource approach should be used by
this company?
2. Worldwide interconnections in virtually every sphere Globalization
of activity including the spread of products, technolo-
gy, information, and job opportunities. Globalization
can result in blurred boundaries between nations, or-
ganizations, and investors
3. The action of buying and selling goods and services trade
4. Financial assets such as funds but also equipment, capital
facilities, and other means of production
5. To obtain goods or services from an outside or foreign outsource
supplier
6. Not for profit organizations that are independent of nongovernmental organi-
the government and are active in humanitarian caus- zations (NGOs)
es
7. Which type of globalization refers to the international Economic
movement of goods, capital, and services?
8. Protects inventions and improvements to existing in- patents
ventions for a limited period of time in exchange for
detailed public disclosure of those inventions
, WGU D080 Managing in a Global Business Environment Complete Study Guide, Practice Questions, Answers & OA Exam Review
WGU D080
Study online at https://quizlet.com/_fxjc5m
9. A government authority or license giving the owner of copyrights
an invention the right to exclude others from making
or selling the invention for a set period of time
10. Protection for any word, name, symbol, device, or any trademarks
combination used in commerce to identify and distin-
guish the goods of one manufacturer or seller from
goods manufactured or sold by others
11. A useful or valuable thing; something you own such as assets
building, inventory, or cash
12. Being responsible for a debt or financial obligation, liabilities
something you owe
13. A monetary contract between parties financial instrument
14. A large corporation incorporated in one country which multinational firms
produces or sells goods or services in various coun-
tries
15. 5 stages of going global Stage 1 ~ Market Entry
Stage 2 ~ Product Special-
ization
Stage 3 ~ Value Chain Dis-
aggregation
Stage 4 ~ Value Chain
Reengineering
Stage 5 ~ Creation of New
Markets
16. A proportionate savings in costs gained by an in- Economies of scale
creased level of production
, WGU D080 Managing in a Global Business Environment Complete Study Guide, Practice Questions, Answers & OA Exam Review
WGU D080
Study online at https://quizlet.com/_fxjc5m
17. To develop efficiencies in terms of variety not volume Economies of scope
18. A CEO seeks to better use the economies of scale Cost
and scope of production to increase the international
company's profits.
Which type of globalization driver is the CEO seeking
to use?
19. 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 con-
nections. The country has no highways, and roads are
poorly maintained.
Which challenge to international business expansion
do the road conditions present?
20. A method that provides tools for organizations to in- Six Sigma
crease performance and decrease process variation
21. Which factor of CAGE addresses differences in country Economics
size that affect barriers to globalization?
22. Measures the inequality among values of a frequency Gini coefficient
distribution such as levels of income
23. Measures how well nations are doing at achieving Happy Planet Index
long, happy, sustainable lives
24. Which argument is used by critics who wish to discour- Increases the wealth of the
age movement towards globalization? rich and not the poor
25. The total value of goods and services provided in a gross domestic product
country in a one-year period (GDP)
, WGU D080 Managing in a Global Business Environment Complete Study Guide, Practice Questions, Answers & OA Exam Review
WGU D080
Study online at https://quizlet.com/_fxjc5m
26. The total value of goods and services provided by a gross national product
country, both inside and outside of its borders, in a (GNP)
one-year period
27. Which type of economy is decentralized and allows Market
firms and households to participate in global trade
with minimum governmental interference?
28. Which type of legal system is based on a code and Civil
focuses on how the law is applied to the facts?
29. Which law is based on tradition and precedent given Common
that judicial rulings can stand as precedents for future
cases?
30. Which legal system can vary from community to com- Customary
munity and is found in countries without strong for-
mal justice systems?
31. In which legal system does a judge decide the applic- Common
able law for the case as a jury determines the facts?
32. Based on precedence. Any activity that is not clearly Common law
illegal may be acceptable. The role of the judge is to
hear arguments from both parties and make a judg-
ment. This judgment stands as precedent for future
cases.
33. based on religious beliefs. One example is a require- Religious law
ment in Sharia that people following Sharia may not
borrow money. To compensate for the inability to take
on debt, an asset-based system has been established.
34. balance of payments
WGU D080
Study online at https://quizlet.com/_fxjc5m
1. A company would like to use a human resource ap- Geocentric
proach that leads to more fluid movement among em-
ployees and creates diversity in the workforce. Assign-
ment decisions are made jointly by the headquarters
and the field offices.
Which human resource approach should be used by
this company?
2. Worldwide interconnections in virtually every sphere Globalization
of activity including the spread of products, technolo-
gy, information, and job opportunities. Globalization
can result in blurred boundaries between nations, or-
ganizations, and investors
3. The action of buying and selling goods and services trade
4. Financial assets such as funds but also equipment, capital
facilities, and other means of production
5. To obtain goods or services from an outside or foreign outsource
supplier
6. Not for profit organizations that are independent of nongovernmental organi-
the government and are active in humanitarian caus- zations (NGOs)
es
7. Which type of globalization refers to the international Economic
movement of goods, capital, and services?
8. Protects inventions and improvements to existing in- patents
ventions for a limited period of time in exchange for
detailed public disclosure of those inventions
, WGU D080 Managing in a Global Business Environment Complete Study Guide, Practice Questions, Answers & OA Exam Review
WGU D080
Study online at https://quizlet.com/_fxjc5m
9. A government authority or license giving the owner of copyrights
an invention the right to exclude others from making
or selling the invention for a set period of time
10. Protection for any word, name, symbol, device, or any trademarks
combination used in commerce to identify and distin-
guish the goods of one manufacturer or seller from
goods manufactured or sold by others
11. A useful or valuable thing; something you own such as assets
building, inventory, or cash
12. Being responsible for a debt or financial obligation, liabilities
something you owe
13. A monetary contract between parties financial instrument
14. A large corporation incorporated in one country which multinational firms
produces or sells goods or services in various coun-
tries
15. 5 stages of going global Stage 1 ~ Market Entry
Stage 2 ~ Product Special-
ization
Stage 3 ~ Value Chain Dis-
aggregation
Stage 4 ~ Value Chain
Reengineering
Stage 5 ~ Creation of New
Markets
16. A proportionate savings in costs gained by an in- Economies of scale
creased level of production
, WGU D080 Managing in a Global Business Environment Complete Study Guide, Practice Questions, Answers & OA Exam Review
WGU D080
Study online at https://quizlet.com/_fxjc5m
17. To develop efficiencies in terms of variety not volume Economies of scope
18. A CEO seeks to better use the economies of scale Cost
and scope of production to increase the international
company's profits.
Which type of globalization driver is the CEO seeking
to use?
19. 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 con-
nections. The country has no highways, and roads are
poorly maintained.
Which challenge to international business expansion
do the road conditions present?
20. A method that provides tools for organizations to in- Six Sigma
crease performance and decrease process variation
21. Which factor of CAGE addresses differences in country Economics
size that affect barriers to globalization?
22. Measures the inequality among values of a frequency Gini coefficient
distribution such as levels of income
23. Measures how well nations are doing at achieving Happy Planet Index
long, happy, sustainable lives
24. Which argument is used by critics who wish to discour- Increases the wealth of the
age movement towards globalization? rich and not the poor
25. The total value of goods and services provided in a gross domestic product
country in a one-year period (GDP)
, WGU D080 Managing in a Global Business Environment Complete Study Guide, Practice Questions, Answers & OA Exam Review
WGU D080
Study online at https://quizlet.com/_fxjc5m
26. The total value of goods and services provided by a gross national product
country, both inside and outside of its borders, in a (GNP)
one-year period
27. Which type of economy is decentralized and allows Market
firms and households to participate in global trade
with minimum governmental interference?
28. Which type of legal system is based on a code and Civil
focuses on how the law is applied to the facts?
29. Which law is based on tradition and precedent given Common
that judicial rulings can stand as precedents for future
cases?
30. Which legal system can vary from community to com- Customary
munity and is found in countries without strong for-
mal justice systems?
31. In which legal system does a judge decide the applic- Common
able law for the case as a jury determines the facts?
32. Based on precedence. Any activity that is not clearly Common law
illegal may be acceptable. The role of the judge is to
hear arguments from both parties and make a judg-
ment. This judgment stands as precedent for future
cases.
33. based on religious beliefs. One example is a require- Religious law
ment in Sharia that people following Sharia may not
borrow money. To compensate for the inability to take
on debt, an asset-based system has been established.
34. balance of payments
