WGU D311 Final Exam Questions with Verified Answers (Correct
Update)
Question 1: Which of the following best explains
why SpinCent decided to export?
A. Growth opportunities in Asia
B. Labor demands in the U.S.
C. Declining tariffs in the EU
D. Promising market locations in
South America
Answer: A. Growth opportunities in Asia
Question 2: Small and medium-size enterprises,
such as SpinCent account for ________
of all U.S. exporters.
A. 38%
B. 54%
C. 79%
D. 98%
Answer: D. 98%
Question 3: The benefits of retaining a core
competency within a company and
purposefully threading that core
competency through the value chain
are referred to as ________ advantages.
A. internalization
B. domestic
C. location
D. ownership
Answer: A. internalization
Page 1
, Question 4: A company that wants to be less
dependent on a local supplier and
imports components from suppliers
in other countries is striving for:
A. Global rivalry
B. Diversification
C. Serendipity
D. Specialization of labor
Answer: B. Diversification
Question 5: The incremental internationalization
view of exporting holds that
companies first target countries that
are ________ their home market.
A. different from
B. similar to
C. smaller than
D. larger than
Answer: B. similar to
Question 6: Skype was founded in 2003 and from
the very beginning operated across
national borders. Skype is an
example of a(n):
A. Arbitrageur
B. Sporadic exporter
C. Born global
D. Private agent
Answer: C. Born global
Question 7: A Croatian manufacturer of bicycle
lights hires an export management
company to handle the shipping,
marketing, and selling of its products
in the US. The Croatian company is
a(n) ________ exporter.
A. passive
B. indirect
C. direct
D. ceteris paribus
Answer: B. indirect
Page 2
Update)
Question 1: Which of the following best explains
why SpinCent decided to export?
A. Growth opportunities in Asia
B. Labor demands in the U.S.
C. Declining tariffs in the EU
D. Promising market locations in
South America
Answer: A. Growth opportunities in Asia
Question 2: Small and medium-size enterprises,
such as SpinCent account for ________
of all U.S. exporters.
A. 38%
B. 54%
C. 79%
D. 98%
Answer: D. 98%
Question 3: The benefits of retaining a core
competency within a company and
purposefully threading that core
competency through the value chain
are referred to as ________ advantages.
A. internalization
B. domestic
C. location
D. ownership
Answer: A. internalization
Page 1
, Question 4: A company that wants to be less
dependent on a local supplier and
imports components from suppliers
in other countries is striving for:
A. Global rivalry
B. Diversification
C. Serendipity
D. Specialization of labor
Answer: B. Diversification
Question 5: The incremental internationalization
view of exporting holds that
companies first target countries that
are ________ their home market.
A. different from
B. similar to
C. smaller than
D. larger than
Answer: B. similar to
Question 6: Skype was founded in 2003 and from
the very beginning operated across
national borders. Skype is an
example of a(n):
A. Arbitrageur
B. Sporadic exporter
C. Born global
D. Private agent
Answer: C. Born global
Question 7: A Croatian manufacturer of bicycle
lights hires an export management
company to handle the shipping,
marketing, and selling of its products
in the US. The Croatian company is
a(n) ________ exporter.
A. passive
B. indirect
C. direct
D. ceteris paribus
Answer: B. indirect
Page 2
