D080 Pre Assessment Managing in a
Global Business Environment Latest
Verified Version And Frequently tested
Exam With Expected real Questions
With Well Elaborated Correct Answers
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Discussion Posts and Replies
, Which negative outcome on political systems comes from globalization? - correct ans:Creation of
isolationist policies
As a response to globalization, some countries have embraced isolationist policies. (North Korea)
Globalization is defined as international integration arising from the exchange of world views, products,
ideas, and other aspects of culture.
Which factor results in a higher rate of globalization? - correct ans:Reduced trade barriers
What are the four factors in Ghemawat's CAGE analysis? - correct ans:Culture, administration,
geography, economy
Culture: Generally, cultural differences between two countries reduce their economic exchange.
Administration: Bilateral trade flows show that administratively similar countries trade much more with
each other than dissimilar countries.
Geography: Geography is perhaps the most clear difference between countries.
Economics: Economic distance refers to differences in demographic and socioeconomic conditions.
What is a major drawback to the home country when companies outsource manufacturing jobs to
countries with lower worker wages? - correct ans:Loss of manufacturing jobs
A country has a characteristic traditional economic system with poor infrastructure and limited
economic opportunity. What is the impact of this system on the process of globalization? - correct
ans:The globalization process is at a disadvantage as the country has a lower standard of living.
What is a characteristic of a market economy? - correct ans:Firms seek to maximize profits
Which impact does Islamic law directly have on businesses? - correct ans:It forbids charging interest.
The most direct impact on business can be observed in Islamic law—which is a moral, rather than a
commercial, legal system... banks cannot charge or benefit from interest.
Global Business Environment Latest
Verified Version And Frequently tested
Exam With Expected real Questions
With Well Elaborated Correct Answers
GRADED A+
Professional Academic Assistance Services
Services Offered
Proctored Exam Assistance
Online Class Management (Full Course Support)
Exam Preparation & Study Materials
Assignments and Coursework Support
Essays and Research Papers
Discussion Posts and Replies
, Which negative outcome on political systems comes from globalization? - correct ans:Creation of
isolationist policies
As a response to globalization, some countries have embraced isolationist policies. (North Korea)
Globalization is defined as international integration arising from the exchange of world views, products,
ideas, and other aspects of culture.
Which factor results in a higher rate of globalization? - correct ans:Reduced trade barriers
What are the four factors in Ghemawat's CAGE analysis? - correct ans:Culture, administration,
geography, economy
Culture: Generally, cultural differences between two countries reduce their economic exchange.
Administration: Bilateral trade flows show that administratively similar countries trade much more with
each other than dissimilar countries.
Geography: Geography is perhaps the most clear difference between countries.
Economics: Economic distance refers to differences in demographic and socioeconomic conditions.
What is a major drawback to the home country when companies outsource manufacturing jobs to
countries with lower worker wages? - correct ans:Loss of manufacturing jobs
A country has a characteristic traditional economic system with poor infrastructure and limited
economic opportunity. What is the impact of this system on the process of globalization? - correct
ans:The globalization process is at a disadvantage as the country has a lower standard of living.
What is a characteristic of a market economy? - correct ans:Firms seek to maximize profits
Which impact does Islamic law directly have on businesses? - correct ans:It forbids charging interest.
The most direct impact on business can be observed in Islamic law—which is a moral, rather than a
commercial, legal system... banks cannot charge or benefit from interest.
