business exam, international strategy, WGU C211
questions and answers, organizational behavior, WGU
business exam
Which political view of foreign direct investment (FDI) is most widely used
c c c c c c c c c c c c
by governments in the current international business environment? ......ans
c c c c c c c cc
wer.....Protectionism
Which factors credit the degree of rivalry between a pair of competitors? 2
c c c c c c c c c c c c c
choices ......answer.....Market Commonality
cc c
Cost Structure
c
,Which factors credit how local firms in emerging economics will respond t
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o multinational competitors? ......answer.....Competitive assets and industr
c c cc c c c
y pressures to globalize
c c c
During which stage of the product life cycle do sales and profits gradually in
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crease before seeing more dramatic increases? ......answer.....Growth
c c c c c cc
Which factor determines the foreign exchange rate of any currency? ......an
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swer.....Supply and demand for the currency
c c c c c
Which risk must corporation minimize if it is to effectively manage short-
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term currency fluctuations? ......answer.....Transaction Risk
c c cc c
,Which policy does a country use to determine the exchange rate of their cu
c c c c c c c c c c c c c
rrency in relationship to another country's currency if they do not rely on
c c c c c c c c c c c c c
market forces? ......answer.....Fixed Rate Policy
c cc c c
Which term refers to trading currencies and currency derivatives in order t
c c c c c c c c c c c
o earn profits and help make prices efficient? ......answer.....Brokering
c c c c c c c cc
Which type of advantage is gained by a company based on where it operates
c c c c c c c c c c c c c
? ......answer.....Location-Specific
cc
Who gains from erecting significant entry barriers for other entrants? ......a
c c c c c c c c c cc
nswer.....First Movers c
, Which strategy for entering into a foreign market has the lowest degree of r
c c c c c c c c c c c c c
isk? ......answer.....Licensing
cc
What is a non-c c c
equity mode involving some type of contractual agreement? ......answer.....
c c c c c c c cc
Licensing
After the Lehman Brothers collapse, the federal Reserve stood ready to len
c c c c c c c c c c c
d financial institutions funds. When the Federal reserve did this, it was actin
c c c c c c c c c c c c
g in its role as a lender of last resort. Which type of group has this role? ......a
c c c c c c c c c c c c c c c c cc
nswer.....Non Governmental Organization c c