WGU C211 PRE-OA #1 EXPECTED QUESTIONS WITH
VERIFIED ANSWERS
Question 1.
The resource-based view of global business differs from the institution-based view of global
business in that the resource-based view _____.
a. advocates adopting a single method for achieving globalization
b. supports the ideology of total globalization
c. postulates the ideology of localization
d. focuses on the internal strengths on the firm
ANSWER
d.)
Question 2.
Which of the following is true of globalization according to the "pendulum view" perspective?
a. Globalization is a recent phenomenon of human trade.
b. Globalization is being interrupted by artificial barriers to the flows of goods, services, capital, and
knowledge.
c. Globalization is a Western ideology focused on exploiting and dominating the world through
MNEs.
d. Globalization is a not a one-directional phenomenon
ANSWER
d.)
Question 3.
The _____ of globalization suggests that globalization is neither recent nor one-directional.
a. pendulum view
b. long-run historical view
c. colonial view
d. new-force view
ANSWER
a.)
, Question 4.
Which of the following is true of semiglobalization?
a. It is a type of globalization that lies between total isolation and total globalization.
b. It is a form of globalization that considers each
nation in isolation when conducting business.
c. It is a type of globalization that adopts a strategy of treating the entire world as one market.
d. It is a form of globalization that treats each country as a unique market.
ANSWER
a.)
Question 5.
Globalization can be viewed as:
a. A new force sweeping through the world in recent times.
b. A long-run historical evolution since the dawn of human history.
c. A pendulum that swings from one extreme to another from time to time.
d. All of these answers.
ANSWER
d.)
Question 6.
Name the three views of globalization.
a. A recent force, a long-running evolution, and a pendulum
b. Economic, political, and geographic
c. Profits, losses, and total sales
d. Past, present, and future
ANSWER
a.)
Question 7.
The _____ theory viewed international trade as a zero-sum game.
a. comparative advantage
b. strategic trade
c. national competitive advantage of industries
d. mercantilism
ANSWER
VERIFIED ANSWERS
Question 1.
The resource-based view of global business differs from the institution-based view of global
business in that the resource-based view _____.
a. advocates adopting a single method for achieving globalization
b. supports the ideology of total globalization
c. postulates the ideology of localization
d. focuses on the internal strengths on the firm
ANSWER
d.)
Question 2.
Which of the following is true of globalization according to the "pendulum view" perspective?
a. Globalization is a recent phenomenon of human trade.
b. Globalization is being interrupted by artificial barriers to the flows of goods, services, capital, and
knowledge.
c. Globalization is a Western ideology focused on exploiting and dominating the world through
MNEs.
d. Globalization is a not a one-directional phenomenon
ANSWER
d.)
Question 3.
The _____ of globalization suggests that globalization is neither recent nor one-directional.
a. pendulum view
b. long-run historical view
c. colonial view
d. new-force view
ANSWER
a.)
, Question 4.
Which of the following is true of semiglobalization?
a. It is a type of globalization that lies between total isolation and total globalization.
b. It is a form of globalization that considers each
nation in isolation when conducting business.
c. It is a type of globalization that adopts a strategy of treating the entire world as one market.
d. It is a form of globalization that treats each country as a unique market.
ANSWER
a.)
Question 5.
Globalization can be viewed as:
a. A new force sweeping through the world in recent times.
b. A long-run historical evolution since the dawn of human history.
c. A pendulum that swings from one extreme to another from time to time.
d. All of these answers.
ANSWER
d.)
Question 6.
Name the three views of globalization.
a. A recent force, a long-running evolution, and a pendulum
b. Economic, political, and geographic
c. Profits, losses, and total sales
d. Past, present, and future
ANSWER
a.)
Question 7.
The _____ theory viewed international trade as a zero-sum game.
a. comparative advantage
b. strategic trade
c. national competitive advantage of industries
d. mercantilism
ANSWER
