WGU C211 Objective Assessment Global Economics For Managers Exam New Update (2025 / 2026) Questions And Verified Answers, 100% Guaranteed Pass ||Complete A+ Guide

WGU C211 Objective Assessment Global Economics For

Managers Exam New Update () Questions

And Verified Answers, 100% Guaranteed Pass ||Complete

A+ Guide




1. The resource-based view of global business differs from the institu-
r r r r r r r r r



tion-based view of global business in that the resource-based view
r r r r r r r r r r r .
a. advocates adopting a single method for achieving globalization
r r r r r r r



b. supports the ideology of total globalization
r r r r r



c. postulates the ideology of localization
r r r r



d. focuses on the internal strengths on the firm
r r r r r r r



…Ans>> d rr




2. Which of the following is true of globalization according to the "pendulum
r r r r r r r r r r r



view" perspective?
r r



a. Globalization is a recent phenomenon of human trade.
r r r r r r r



b. Globalization is being interrupted by artificial barriers to the flows of goods,
r r r r r r r r r r r



services, capital, and knowledge.
r r r r




,c. Globalization is a Western ideology focused on exploiting and dominating r r r r r r r r r



the world through MNEs.
r r r r



d. Globalization is a not a one-directional phenomenon. r r r r r r



…Ans>> d rr




3. The r of globalization suggests that globalization is neither recent nor
r r r r r r r r



one-directional.
r



a. pendulum view r



b. long-run historical view r r



c. colonial view r



d. new-force view r



…Ans>> a rr




4. Which of the following is true of semiglobalization?
r r r r r r r



a. It is a type of globalization that lies between total isolation and total global-
r r r r r r r r r r r r r



ization.
r



b. It is a form of globalization that considers each nation in isolation when
r r r r r r r r r r r r



conducting business.
r r



c. It is a type of globalization that adopts a strategy of treating the entire world
r r r r r r r r r r r r r r



as one market.
r r r



d. It is a form of globalization that treats each country as a unique market.
r r r r r r r r r r r r r



…Ans>> a rr




5. Globalization can be viewed as: r r r r



a. A new force sweeping through the world in recent times.
r r r r r r r r r r



b. A long-run historical evolution since the dawn of human history.
r r r r r r r r r r


,c. A pendulum that swings from one extreme to another from time to time.
r r r r r r r r r r r r r



d. All of these answers.
r r r r



…Ans>> d rr




6. Name the three views of globalization.
r r r r r



a. A recent force, a long-running evolution, and a pendulum
r r r r r r r r



b. Economic, political, and geographic
r r r



c. Profits, losses, and total sales
r r r r



d. Past, present, and future
r r r



…Ans>> a rr






, 7. The r view of global business focuses on internal factors that can help a
r r r r r r r r r r r



r firm overcome its external environment.
r r r r



a. socio-cultural
b. institution-based
c. resource-based
d. industry-based
…Ans>> c rr




8. The strategy of treating each country as a unique market and in total
r r r r r r r r r r r r



r isolation is referred to as
r r r r r .
a. localization
b. semiglobalization
c. standardization
d. total globalization
r



…Ans>> a rr




9. The fundamental question in global business is:
r r r r r r



a. What determines the success and failure of firms' new product globaliza-
r r r r r r r r r r



r tion?
b. What determines the success and failure of firms' foreign entry?
r r r r r r r r r



c. What determines the success and failure of firms around the globe?
r r r r r r r r r r



d. What determines the success and failure of firms based in the US?
r r r r r r r r r r r



…Ans>> c rr




10. Imagine your manufacturing plant gets most of its raw materials from sup-
r r r r r r r r r r r