WGU D080 OA Study Guide
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1. What is globaliza- The international integration arising from the exchange of world views, products,
tion? ideas, and other aspects of culture. It's a process to remove barriers between
countries to promote collaboration and interdependence.
2. What are the five Economic, Political, Cultural, Environmental, and Social
types of globaliza-
tion?
3. What is interna- Any situation where the production/distribution of goods/services crosses coun-
tional business? try borders
4. What are the pos- Awareness of international community, blending of cultures, appreciation of
itive cultural im- languages/foods/religions, open mindsets, exchange of ideas/values/morals
pacts of globaliza-
tion?
5. What are the neg- Loss of uniqueness of country's culture, cultural appropriation, younger gener-
ative cultural im- ations may lose connection with original cultural traditions
pacts of globaliza-
tion?
6. What are the 5 1) Market Entry - Companies enter new countries with home business model 2)
stages of entering Production Specialization - Full production moves to single low-cost location 3)
a global market? Value Chain Disaggregation - Complete each activity in best low-cost location 4)
Value Chain Reengineering - Seek further cost savings through labor substitution
5) Creation of New Markets
7. Why does global- Because they offer: free market environment, minimal government intervention,
ization favor de- transparent governance, reduced corruption, freedom of speech, independent
mocratic systems? judiciary, political stability
8. What are the key
characteristics of
1/4