WGU D080 Managing in a Global Business Environment Complete Study Guide, Practice Questions, Answers
WGU D080
Study online at https://quizlet.com/_g4uraz
1. What are the 5 1. Market entry
stages of going 2. product specialization
global? 3. value chain disaggregation
4. value chain reengineering
5. creation of new markets
2. Market Entry Companies enter new countries using business models similar to the ones de-
ployed in their home markets
3. Product special- Companies transfer the full production process of a particular product line to a
ization single, low-cost location and export the goods to various consumer markets
4. Value chain dis- Companies disaggregate the production process and focus on completing each
aggregation activity in the most advantageous location
5. Value chain Companies seek to further increase their cost savings by reengineering their
reengineering processes to suit local market conditions by substituting lower cost labor for
capital
6. Creation of new creates new demand due to the reduction of ticket price
markets
7. What are the 4 1. Market
drivers of Global- 2. Cost
ization? 3. Competition
4. Government
8. Market Opportunity for scale and convergence of needs (foreign consumers have the
same demand as domestic consumer, no need to redesign)
9. Cost - Economies of scale & scope: use same production facility for multiple proce-
dures.
, WGU D080 Managing in a Global Business Environment Complete Study Guide, Practice Questions, Answers
WGU D080
Study online at https://quizlet.com/_g4uraz
- Exploiting cost of factors of production: labor cost reductions, natural resources
cost reduction
10. Competition New markets & increased levels of trade
11. Government 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))
12. What did Thomas The world is flat view - the use of technology and internet has made it easier for
Friedman pro- businesses to conduct global operation
pose?
13. What did Ghe- The world is a multi-domestic world
mawat propose?
14. What is CAGE Culture, Administration, Geography, and Economics
analysis?
15. What are the 3 in- International Monetary Fund, World Bank, and World trade organization
ternational insti-
tutions
16. What are the twin IMF & World bank
institutions
17. What was the restore international payment system, oversee the fixed exchange rate system
INITIAL goal of (Brenton Woods system)
the IMF
18. What is the cur- monitor the exchange rate system and stabilize exchange rates, guide member
rent goal of the countries to develop economic policies, correct the debt issue
IMF
WGU D080
Study online at https://quizlet.com/_g4uraz
1. What are the 5 1. Market entry
stages of going 2. product specialization
global? 3. value chain disaggregation
4. value chain reengineering
5. creation of new markets
2. Market Entry Companies enter new countries using business models similar to the ones de-
ployed in their home markets
3. Product special- Companies transfer the full production process of a particular product line to a
ization single, low-cost location and export the goods to various consumer markets
4. Value chain dis- Companies disaggregate the production process and focus on completing each
aggregation activity in the most advantageous location
5. Value chain Companies seek to further increase their cost savings by reengineering their
reengineering processes to suit local market conditions by substituting lower cost labor for
capital
6. Creation of new creates new demand due to the reduction of ticket price
markets
7. What are the 4 1. Market
drivers of Global- 2. Cost
ization? 3. Competition
4. Government
8. Market Opportunity for scale and convergence of needs (foreign consumers have the
same demand as domestic consumer, no need to redesign)
9. Cost - Economies of scale & scope: use same production facility for multiple proce-
dures.
, WGU D080 Managing in a Global Business Environment Complete Study Guide, Practice Questions, Answers
WGU D080
Study online at https://quizlet.com/_g4uraz
- Exploiting cost of factors of production: labor cost reductions, natural resources
cost reduction
10. Competition New markets & increased levels of trade
11. Government 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))
12. What did Thomas The world is flat view - the use of technology and internet has made it easier for
Friedman pro- businesses to conduct global operation
pose?
13. What did Ghe- The world is a multi-domestic world
mawat propose?
14. What is CAGE Culture, Administration, Geography, and Economics
analysis?
15. What are the 3 in- International Monetary Fund, World Bank, and World trade organization
ternational insti-
tutions
16. What are the twin IMF & World bank
institutions
17. What was the restore international payment system, oversee the fixed exchange rate system
INITIAL goal of (Brenton Woods system)
the IMF
18. What is the cur- monitor the exchange rate system and stabilize exchange rates, guide member
rent goal of the countries to develop economic policies, correct the debt issue
IMF
