WGU; D080 Managing in a Global Business Environment
WGU: D080 Managing in a Global Business Environment
Study online at https://quizlet.com/_atykai
1. A farmers market has many vendors and consumers Perfect competition
who all sell and buy the same produce at the same
price.
Which type of market is represented?
2. A sole, national telephone company was found vio- Reduced competition
lating antitrust laws and was forced to separate into
regional companies.
What caused the violation of the antitrust laws?
3. Many countries from several geographic regions are World Trade Organization
accused of dumping steel into the U.S. market at un-
fairly low prices.
Which entity can the United States appeal to in order
to correct this apparent market manipulation?
4. Are aimed at regulating consumer affairs and safe- Antitrust laws
guarding the market from anticompetitive practices,
particularly from large companies that may hold a
monopoly.
5. Attempts to establish global standards in competitive The World Trade Organi-
markets in conjunction with the internal competitive zation (WTO)
laws that govern each nation individually.
6. A person who needs, uses, or has used a particular Consumers
service or product and who are vulnerable when there
is little market competition because corporations can
control prices.
7.
, WGU; D080 Managing in a Global Business Environment
WGU: D080 Managing in a Global Business Environment
Study online at https://quizlet.com/_atykai
Was the first American antitrust policy. It dealt with The Sherman Antitrust Act
limiting the power of price-controlling cartels. Its (1890)
scope has since been expanded to include a range of
anticompetitive practices.
8. ________________ has a centralized administrative sys- The EU and United States
tem for antitrust enforcement, whereas antitrust en-
forcement in the ___________ is considered a matter of
criminal law
9. This treaty was region-specific to reduce pollution and Antarctic
protect the animals living in the Antarctic region. The
treaty was negotiated in 1991.
10. Which of these agreements or treaties was to combat Paris
increased temperatures of global climate change?
11. This treaty ended World War I. Versailles
12. This agreement was completed in 2016 to stop or at Paris
least slow global warming. Not all countries agreed to
these goals.
13. This treaty was designed to bring the European Union Maastricht
closer. Ultimately, this treaty caused the development
of a single currency, the euro.
14. Everyone has the right to enjoy their environment Collective Environment
and use some of its resources for their survival. This
requires a shared commitment to maintain the quality
of environmental resources.
15. is charged with monitoring the environmental prac- The EPA
tices of industry. They have carried out bilateral
, WGU; D080 Managing in a Global Business Environment
WGU: D080 Managing in a Global Business Environment
Study online at https://quizlet.com/_atykai
programs with many countries, allowing other na-
tions—particularly countries with economies in tran-
sition—to benefit from U.S. experience in developing
appropriate and successful environmental measure
16. Which action is used by companies wishing to avoid Developing and imposing
working with vendors who use sweatshops? a company internal code
of conduct for vendor la-
bor practices
17. A major footwear brand company is contracting the Require that the factories
manufacturing of its products to a contractor's manu- be available for inspec-
facturing plant overseas. The footwear company has tions
been accused of turning a blind eye to sweatshop
practices at other overseas contract locations before.
How should the footwear company ensure that the
contractor will comply with the standards set forth in
the code of conduct that explicitly prohibit this prac-
tice?
18. What did the Worst Forms of Child Labor Convention, The age at which a person
1999 define? becomes an adult
19. This convention defines a child as a person under 18 Worst Forms of Child
years of age and aims to eliminate all practices of Labour Convention, 1999
slavery or those similar to slavery, such as the sale
and trafficking of children, debt bondage, forced or
compulsory recruitment of children for use in armed
conflict, child prostitution, and so on. The conven-
tion requires states to provide appropriate assistance
to remove children from such situations and provide
their rehabilitation and education.
WGU: D080 Managing in a Global Business Environment
Study online at https://quizlet.com/_atykai
1. A farmers market has many vendors and consumers Perfect competition
who all sell and buy the same produce at the same
price.
Which type of market is represented?
2. A sole, national telephone company was found vio- Reduced competition
lating antitrust laws and was forced to separate into
regional companies.
What caused the violation of the antitrust laws?
3. Many countries from several geographic regions are World Trade Organization
accused of dumping steel into the U.S. market at un-
fairly low prices.
Which entity can the United States appeal to in order
to correct this apparent market manipulation?
4. Are aimed at regulating consumer affairs and safe- Antitrust laws
guarding the market from anticompetitive practices,
particularly from large companies that may hold a
monopoly.
5. Attempts to establish global standards in competitive The World Trade Organi-
markets in conjunction with the internal competitive zation (WTO)
laws that govern each nation individually.
6. A person who needs, uses, or has used a particular Consumers
service or product and who are vulnerable when there
is little market competition because corporations can
control prices.
7.
, WGU; D080 Managing in a Global Business Environment
WGU: D080 Managing in a Global Business Environment
Study online at https://quizlet.com/_atykai
Was the first American antitrust policy. It dealt with The Sherman Antitrust Act
limiting the power of price-controlling cartels. Its (1890)
scope has since been expanded to include a range of
anticompetitive practices.
8. ________________ has a centralized administrative sys- The EU and United States
tem for antitrust enforcement, whereas antitrust en-
forcement in the ___________ is considered a matter of
criminal law
9. This treaty was region-specific to reduce pollution and Antarctic
protect the animals living in the Antarctic region. The
treaty was negotiated in 1991.
10. Which of these agreements or treaties was to combat Paris
increased temperatures of global climate change?
11. This treaty ended World War I. Versailles
12. This agreement was completed in 2016 to stop or at Paris
least slow global warming. Not all countries agreed to
these goals.
13. This treaty was designed to bring the European Union Maastricht
closer. Ultimately, this treaty caused the development
of a single currency, the euro.
14. Everyone has the right to enjoy their environment Collective Environment
and use some of its resources for their survival. This
requires a shared commitment to maintain the quality
of environmental resources.
15. is charged with monitoring the environmental prac- The EPA
tices of industry. They have carried out bilateral
, WGU; D080 Managing in a Global Business Environment
WGU: D080 Managing in a Global Business Environment
Study online at https://quizlet.com/_atykai
programs with many countries, allowing other na-
tions—particularly countries with economies in tran-
sition—to benefit from U.S. experience in developing
appropriate and successful environmental measure
16. Which action is used by companies wishing to avoid Developing and imposing
working with vendors who use sweatshops? a company internal code
of conduct for vendor la-
bor practices
17. A major footwear brand company is contracting the Require that the factories
manufacturing of its products to a contractor's manu- be available for inspec-
facturing plant overseas. The footwear company has tions
been accused of turning a blind eye to sweatshop
practices at other overseas contract locations before.
How should the footwear company ensure that the
contractor will comply with the standards set forth in
the code of conduct that explicitly prohibit this prac-
tice?
18. What did the Worst Forms of Child Labor Convention, The age at which a person
1999 define? becomes an adult
19. This convention defines a child as a person under 18 Worst Forms of Child
years of age and aims to eliminate all practices of Labour Convention, 1999
slavery or those similar to slavery, such as the sale
and trafficking of children, debt bondage, forced or
compulsory recruitment of children for use in armed
conflict, child prostitution, and so on. The conven-
tion requires states to provide appropriate assistance
to remove children from such situations and provide
their rehabilitation and education.
