Wgu C211|126 Study Guide questions And Answers

What is Foreign Direct Investment? - ️️is direct investment in, control, and management of value-added activities in other countries. What different political views exist on FDI? - ️️Radical, Free Market, and Pragramatic Nationalism What benefits exist to a country receiving FDI? - ️️Capital inflow, Technology, management, job creation What costs exist to a country receiving FDI? - ️️Loss of sovereignty, adverse effects on competition, and capital outflow How do resources and capabilities influence the competitive dynamics of a business? - ️️Value, rarity, imitibility, and organization (VRIO) Globalization new view - ️️A new force sweeping through the world in recent times Evolutionary globalization view - ️️long-run historical evolution since the dawn of human history "Pendulum" view on globalization - ️️One that swings from one extreme to another from time to time What is resource similarity and how does this impact competitive dynamics? - ️️The degree to which two firms with similar resources are likely to have competitive actions. ie: market commonality