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WGU C211 Exam Questions with Verified Answers (Correct Update)

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WGU C211 Exam Questions with Verified Answers (Correct Update)

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WGU C211 Exam Questions with Verified Answers (Correct Update)

Question 1: Main views on globalization

Answer: New, evolutionary, and pendulum


Question 2: New View on Globalization

Answer: A force sweeping through the world in recent times.


Question 3: Evolutionary View on Globalization

Answer: A long-run historical evolution since the dawn of human history


Question 4: Pendulum View on Globalization

Answer: One that swings from one extreme to another from time to time. Rapid globalization, but

has to stop due to lash back.


Question 5: What is FDI

Answer: foreign direct investment


Question 6: Foreign Direct Investment

Answer: the control and management of activities in a foreign country.


Question 7: Green Field Investment

Answer: Brand new business in the host country, requires largest equity investment. Purchase of

land, factory, etc.




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, Question 8: Wholly Owned Subsidiary

Answer: Company simply purchases an entire company that is already doing business in the host

country.


Question 9: Partnership

Answer: When a company partners with company that already exists in the host country, some

proportion of ownership/collaboration but not the entire company.


Question 10: Licensing

Answer: non-equity method of investment. Simply license brand name, logo, manufacturing

process, etc. To entrepreneur in host country; Low risk.


Question 11: Political views on FDI

Answer: Radical View, Free Market View, Pragmatic Nationalism


Question 12: Radical view on FDI

Answer: a political view which argues that globalization is the product of western civilization and

specifically the MNE's which derive from there. This view argues globalization should be avoided

as its ecological and social costs are too high. Argue for protectionism.


Question 13: Free market view on FDI

Answer: A political view that suggests that FDI unrestricted by government intervention is the

best. Discourages tariffs and is pro-globalization.




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