WGU D080 Managing in a Global Business Environment 2023/2024 with complete solution Questions

WGU D080 Managing in a Global Business Environment 2023/2024 with complete solution Questions AAA ratings The highest possible rating that may be assigned by a credit rating agency for a bond absolute advantage The ability of an individual or group to produce a good or service more efficiently than another absolute quota Quota that strictly limits the quantity of goods that may enter a country acquisition The act of taking over ownership or controlling a business Ad valorem tariffs Import taxes based on a fixed percentage of the assessed commercial value of imported goods agility Ability to move quickly and flexibly algorithms A process or set of rules to be followed in calculations especially by a computer antitrust laws, antimonopoly laws, competition laws Consumer protection policy used to limit unfair business practices related to competition and control of prices Apple Inc. vs. Pepper Antitrust court case in which a group of iPhone users have accused Apple of monopolistic practices via the App store artificial intelligence (AI) Any type of computer that engages in humanlike activities asset seizure An act of confiscating or taking control of private assets such as funds or property by a government assets A useful or valuable thing; something you own such as building, inventory, or cash autarky A political or economic system that becomes self-sufficient to survive balance of payments The difference in total value between payments into and out of the country over a period of time barriers to entry The obstacles that make it difficult for a new company to enter a given market. These barriers may include technology challenges, high start-up costs, or government regulations blood diamonds Diamonds mined in war zones and sold in order to finance war efforts brand A type of product made by a particular company under a particular name Bribery Cash payment or other bonus that benefits an individual but provides little advantage to the company broadband Any type of high-speed wired or wireless communication Business ethics The contemporary standards or sets of values that govern the actions and behavior of individuals in the business organization and the actions of the business itself capital Financial assets such as funds but also equipment, facilities, and other means of production centralization The degree to which decision-making authority is concentrated at higher levels in an organization and business functions controlled in a central location centralized companies Companies with structures that limit decision-making to higher levels in the organizational hierarchy chief information officer An executive with responsibility for managing all information resources in an organization collateral Something pledged as security for repayment of a loan to be forfeited in the event of a default collective environment Understanding that the environment not only belongs to everyone to enjoy but is also everyone's shared responsibility collectivist Focused on the good of the group or society over the individual colonialism The policy or practice of acquiring full or partial political control over another country to exploit it economically commodities A raw material or primary agricultural product that can be bought or sold compensation What an employee is paid in exchange for work Compound tariffs Taxes on imported goods that are a combination of a fixed amount and an amount based on the value of the goods conflict of interest (COI) Ethical challenges in which multiple interests are at conflict with one another conglomerates Large corporations made up of several combined companies, often formed through mergers and takeovers consumer Any person who needs, uses, or has used a particular service or product consumer surplus The difference in price between the highest price a consumer is willing to pay for a good or service and what they actually paid Contracts A legally enforceable promise convertible A currency that can be used to buy or sell without government restrictions copyright Form of protection provided by the laws of the United States to the authors of "original works of authorship," including literary, dramatic, musical, artistic, and certain other intellectual works copyrights A government authority or license giving the owner of an invention the right to exclude others from making or selling the invention for a set period of time Corporate social responsibility (CSR) The ethical role of a corporation in society Countervailing duties Import taxes imposed on certain goods to prevent dumping or counter export subsidies country-of-origin effect The effect the consumer's perception or opinion of the country where a product is made has on the consumer's perception or opinion of the product itself crowdsourcing Enlisting the help of a large number of people, often via the internet Cultural norms Shared, sanctioned, and integrated systems of beliefs and practices that are passed down through generations and characterize a cultural group culture The beliefs, values, mind-sets, and practices of a group of people currency Any form of money in circulation in a country Currency futures contracts Contracts that require the exchange of a specific amount of currency at a specific future date and at a specific exchange rate Currency option contracts The option or the right to exchange a specific amount of currency on a specific future date and at a specific agreed-on rate Currency risk The risk of a change in the exchange rate that will have an adverse effect. Currency swap contracts A simultaneous buy and sell of a currency for two different dates currency translation The act of translating currencies on a financial statement to another currency. Current-rate method A method of foreign currency translation that translates items on financial statements at the current exchange rate Customer departmentalization Organizing a company's people, tasks, and resources based on the type of customer served damages Recompense for the injured party by the party that breached the contract data mining A class of sophisticated database applications that look for hidden patterns in a group of data to help track and predict future behavior databases An electronic filing system that collects and organizes data and information debt Amount owed to someone debt instruments A tool used by a company or any other entity to raise money or capital decentralized companies Companies with structures that distribute the authority to make decisions to lower levels of employees who are closer to the problem Deep learning A subset of machine learning in which computers learn unsupervised from data that are unstructured Deepwater Horizon oil spill A 2010 industrial accident that is considered the largest oil spill in history departmentalization Grouping a business's people, tasks, and resources into units deregulation The removal of regulations or restrictions in a particular industry derivatives Special types of financial instruments, the prices of which are ultimately derived from the price or performance of some underlying assets. developing economies A term that describes countries with a less-developed industrial infrastructure and lower per capita income digital divide