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WGU D312 Exam 1 Study Guide | Latest 2023/24 | Updated & Verified | Guaranteed Success

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Globalization - A process whereby worldwide interconnections in virtually every sphere of activity are growing. Some of these interconnections lead to integration/unity worldwide; others do not. What are examples of external pressures? - Economic Interconnectedness, Information Technology, Global Players, Culture What are examples of internal pressures? - Work Environment How have globalization forces affected global managers? - Economic Interconnectedness, Regional Integration, Customs Union, Common Market What are examples of Regional Integration? - Free trade area, no internal tariffs What are examples of Customs Union? - No internal tariffs plus common external tariffs What are examples of a Common Market? - European Union, NAFTA, Asia-Pacific Economic Cooperation What are some Globalization Forces? - Complex and dynamic work environment, Information technology advances, global players What are examples of Conflicting forces?

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