WGU C211 OA Exam ( questions with
verified correct answers ) real exam 2024
// rated A+
Which political view of foreign direct investment (FDI) is most widely used by governments in the current
international business environment? - ANSWER Protectionism
Which factors credit the degree of rivalry between a pair of competitors? 2 choices - ANSWER Market
Commonality
Cost Structure
Which factors credit how local firms in emerging economics will respond to multinational competitors? -
ANSWER Competitive assets and industry pressures to globalize
During which stage of the product life cycle do sales and profits gradually increase before seeing more
dramatic increases? - ANSWER Growth
Which factor determines the foreign exchange rate of any currency? - ANSWER Supply and demand for
the currency
Which risk must corporation minimize if it is to effectively manage short-term currency fluctuations? -
ANSWER Transaction Risk
Which policy does a country use to determine the exchange rate of their currency in relationship to
another country's currency if they do not rely on market forces? - ANSWER Fixed Rate Policy
Which term refers to trading currencies and currency derivatives in order to earn profits and help make
prices efficient? - ANSWER Brokering
, Which type of advantage is gained by a company based on where it operates? - ANSWER Location-
Specific
Who gains from erecting significant entry barriers for other entrants? - ANSWER First Movers
Which strategy for entering into a foreign market has the lowest degree of risk? - ANSWER Licensing
What is a non-equity mode involving some type of contractual agreement? - ANSWER Licensing
After the Lehman Brothers collapse, the federal Reserve stood ready to lend financial institutions funds.
When the Federal reserve did this, it was acting in its role as a lender of last resort. Which type of group
has this role? - ANSWER Non Governmental Organization
What is the comprehensive free-trade settlement among Canada, US, and Mexico, that address issues of
protecting workers rights, the environment and reducing tariffs and non-tariff trade barriers? - ANSWER
NAFTA
What is one of the core propositions underpinning an institution-based view of global business? -
ANSWER Managers and corporations make rational decisions within their formal and informal
framework
Which type of system allows businesses to be privately owned with a strong individualistic profit
orientation? - ANSWER Market economy
Which legal system is based on a religious document and religious teachings? - ANSWER Theocratic Law
Which type of good has well-established property rights? - ANSWER Private Goods
Which activity disregards basic property rights? - ANSWER Students play loud music in the open area
between dorms
What is one type of economy that uses the market system? - ANSWER Mixed Economy
verified correct answers ) real exam 2024
// rated A+
Which political view of foreign direct investment (FDI) is most widely used by governments in the current
international business environment? - ANSWER Protectionism
Which factors credit the degree of rivalry between a pair of competitors? 2 choices - ANSWER Market
Commonality
Cost Structure
Which factors credit how local firms in emerging economics will respond to multinational competitors? -
ANSWER Competitive assets and industry pressures to globalize
During which stage of the product life cycle do sales and profits gradually increase before seeing more
dramatic increases? - ANSWER Growth
Which factor determines the foreign exchange rate of any currency? - ANSWER Supply and demand for
the currency
Which risk must corporation minimize if it is to effectively manage short-term currency fluctuations? -
ANSWER Transaction Risk
Which policy does a country use to determine the exchange rate of their currency in relationship to
another country's currency if they do not rely on market forces? - ANSWER Fixed Rate Policy
Which term refers to trading currencies and currency derivatives in order to earn profits and help make
prices efficient? - ANSWER Brokering
, Which type of advantage is gained by a company based on where it operates? - ANSWER Location-
Specific
Who gains from erecting significant entry barriers for other entrants? - ANSWER First Movers
Which strategy for entering into a foreign market has the lowest degree of risk? - ANSWER Licensing
What is a non-equity mode involving some type of contractual agreement? - ANSWER Licensing
After the Lehman Brothers collapse, the federal Reserve stood ready to lend financial institutions funds.
When the Federal reserve did this, it was acting in its role as a lender of last resort. Which type of group
has this role? - ANSWER Non Governmental Organization
What is the comprehensive free-trade settlement among Canada, US, and Mexico, that address issues of
protecting workers rights, the environment and reducing tariffs and non-tariff trade barriers? - ANSWER
NAFTA
What is one of the core propositions underpinning an institution-based view of global business? -
ANSWER Managers and corporations make rational decisions within their formal and informal
framework
Which type of system allows businesses to be privately owned with a strong individualistic profit
orientation? - ANSWER Market economy
Which legal system is based on a religious document and religious teachings? - ANSWER Theocratic Law
Which type of good has well-established property rights? - ANSWER Private Goods
Which activity disregards basic property rights? - ANSWER Students play loud music in the open area
between dorms
What is one type of economy that uses the market system? - ANSWER Mixed Economy
