C211: Global Economics for Managers (WGU) Cengage Text questions and answers
C211: Global Economics for Managers (WGU) Cengage Text questions and answers Globalization - answer The close integration of countries and peoples of the world. Purchasing Power Parity (PPP) - answer A conversion that determines the equivalent amount of goods and services that different currencies can purchase. Scenario Planning - answer A technique to prepare and plan for multiple scenarios (either high or low risk). Risk management - answer The identification and assessment of risks and the preparation to minimize the impact of high-risk , unfortunate events. Gross National Income (GNI) - answer GDP + income from non-resident sources abroad. GNI is the term used by the World Bank and other international organizations to supersede the term GNP. Gross National Product (GNP) - answer GDP + income from non-resident sources abroad. reverse innovation - answer An innovation that is adopted first in emerging economies and is then diffused
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- WGU C211
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- WGU C211
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- January 6, 2024
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- 2023/2024
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- Questions & answers
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- global economics
- wgu c211
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c211 global economics for managers wgu cengage
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c211 global economics for managers wgu
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