WGU D080 questions and answers and answers with solutions 2025

What is globalization? - ANSWER When international integration arises from the interchange of world views, products, ideas, and other aspects of cultures. different types of Globalization - ANSWER 1. Economic 2. Political 3. Cultural Advantages of Economic globalization - ANSWER more trade, investments, information technology, faster economic development, and increased social being Disadvantages of Economic globalization - ANSWER benefits the rich at the expense of the poor, manufacturing job loss in developed countries, environmental damage, and unethical practices of labor Advantages of Political globalization - ANSWER more cooperation amount countries, formation of international or regional organizations, NGOs Disadvantages of Political globalization - ANSWER reduce the importance of nation-states, loss of sovereignty and power of local government Advantages of Cultural globalization - ANSWER awareness of international community Disadvantages of Cultural globalization - ANSWER loss of uniqueness of a country's culture What is international business? - ANSWER any situation where the production or distribution of goods or services crosses country borders What are opportunities for international business? - ANSWER New and large international markets offers possible more revenues, lower costs, and access to advanced technology What are challenges for international business? - ANSWER Ethical business practice concerns, organizational structure (create new division), public relations (build customer loyalty), leaderships, and legal and regulatory structure