C211 WGU PA and 1st Retake Exam
Questions And Answers
The resource-based view of global business differs from the institution-
based view of global business in that the resource-based view _____.
a.
advocates adopting a single method for achieving globalization
b.
supports the ideology of total globalization
c.
postulates the ideology of localization
d.
focuses on the internal strengths on the firm - - correct answer
✅focuses on the internal strengths on the firm
The _____ of globalization suggests that globalization is neither recent
nor one-directional.
a.
pendulum view
b.
long-run historical view
c.
colonial view
d.
new-force view - - correct answer ✅pendulum view
, C211 WGU PA and 1st Retake Exam
Questions And Answers
Globalization can be viewed as:
a. A new force sweeping through the world in recent times.
b. A long-run historical evolution since the dawn of human history.
c. A pendulum that swings from one extreme to another from time to
time.
d. All of these answers. - - correct answer ✅All of these answers
Globalization can be viewed as:
a. all of these
b. a new force sweeping through the world in recent times.
c. a pendulum that swings from one extreme to another from time to
time.
d. a long-run historical evolution since the dawn of human history. - -
correct answer ✅All of these
According to the theory of absolute advantage, under free trade,
a. Each nation gains by specializing in economic activities in which a
nation has absolute advantage.
b. No country has an absolute advantage in economic activities.
c. Each nation loses by specializing in economic activities in which a
nation has absolute advantage.
Questions And Answers
The resource-based view of global business differs from the institution-
based view of global business in that the resource-based view _____.
a.
advocates adopting a single method for achieving globalization
b.
supports the ideology of total globalization
c.
postulates the ideology of localization
d.
focuses on the internal strengths on the firm - - correct answer
✅focuses on the internal strengths on the firm
The _____ of globalization suggests that globalization is neither recent
nor one-directional.
a.
pendulum view
b.
long-run historical view
c.
colonial view
d.
new-force view - - correct answer ✅pendulum view
, C211 WGU PA and 1st Retake Exam
Questions And Answers
Globalization can be viewed as:
a. A new force sweeping through the world in recent times.
b. A long-run historical evolution since the dawn of human history.
c. A pendulum that swings from one extreme to another from time to
time.
d. All of these answers. - - correct answer ✅All of these answers
Globalization can be viewed as:
a. all of these
b. a new force sweeping through the world in recent times.
c. a pendulum that swings from one extreme to another from time to
time.
d. a long-run historical evolution since the dawn of human history. - -
correct answer ✅All of these
According to the theory of absolute advantage, under free trade,
a. Each nation gains by specializing in economic activities in which a
nation has absolute advantage.
b. No country has an absolute advantage in economic activities.
c. Each nation loses by specializing in economic activities in which a
nation has absolute advantage.
