WGU C211 OA exam | C211 OA Test | Global
Business Exam | WGU Business exam |
Updated Version | Graded A+ | Just Released
Theory that suggests that intervention by governments in certain industries can
enhance their odds for international success ---------CORRECT ANSWER---------------
--strategic trade
If a company seeks to limit foreign exchange rate exposure in the forward
direction, what is the most effective way to do this? ---------CORRECT ANSWER-----
------------currency hedging
Exchange rate risk associating with the time delay between entering a contract
and settling it ---------CORRECT ANSWER-----------------transaction risk
Forward transaction that protects traders and investors from exposure to
fluctuations of the spot rate ---------CORRECT ANSWER-----------------hedging
A means of spreading out activities in different currency zones in order to offset
the currency losses in certain regions through gains in other regions ---------
CORRECT ANSWER-----------------strategic heding
,Amount of resources committed to entering a foreign market ---------CORRECT
ANSWER-----------------scale of entry
How do institutions reduce uncertainty? ---------CORRECT ANSWER-----------------by
signaling which conduct is legit and which is not
Pillar of formal institution, coercive power of government ---------CORRECT
ANSWER-----------------regulatory
Pillar of informal institution, the mechanism through which norms influence
individual and firm behavior ---------CORRECT ANSWER-----------------normative
The legal right to use an economic resource and to derive income and benefits
from it ---------CORRECT ANSWER-----------------property right
Legal rights awarded by government authorities to investors of new products or
processes who are given monopoly rights to derive income from inventions --------
-CORRECT ANSWER-----------------patent
, Exclusive legal rights of authors and publishers to publish and disseminate their
work ---------CORRECT ANSWER-----------------copyright
Exclusive legal rights of firms to use specific names, brands and designs to
differentiate their products ---------CORRECT ANSWER-----------------trademark
Characterized by the invisible hand of market forces where the government takes
a hands off approach ---------CORRECT ANSWER-----------------market
Factors of production should be government owned or state owned and all
supply, demand and pricing are planned by the government ---------CORRECT
ANSWER-----------------command
The economic system of most countries ---------CORRECT ANSWER-----------------
mixed economy
A curve that represents a consumers preferences ---------CORRECT ANSWER---------
--------indifference curve
________ indifference curves are preferred to ______ ones ---------CORRECT
ANSWER-----------------higher, lower
Business Exam | WGU Business exam |
Updated Version | Graded A+ | Just Released
Theory that suggests that intervention by governments in certain industries can
enhance their odds for international success ---------CORRECT ANSWER---------------
--strategic trade
If a company seeks to limit foreign exchange rate exposure in the forward
direction, what is the most effective way to do this? ---------CORRECT ANSWER-----
------------currency hedging
Exchange rate risk associating with the time delay between entering a contract
and settling it ---------CORRECT ANSWER-----------------transaction risk
Forward transaction that protects traders and investors from exposure to
fluctuations of the spot rate ---------CORRECT ANSWER-----------------hedging
A means of spreading out activities in different currency zones in order to offset
the currency losses in certain regions through gains in other regions ---------
CORRECT ANSWER-----------------strategic heding
,Amount of resources committed to entering a foreign market ---------CORRECT
ANSWER-----------------scale of entry
How do institutions reduce uncertainty? ---------CORRECT ANSWER-----------------by
signaling which conduct is legit and which is not
Pillar of formal institution, coercive power of government ---------CORRECT
ANSWER-----------------regulatory
Pillar of informal institution, the mechanism through which norms influence
individual and firm behavior ---------CORRECT ANSWER-----------------normative
The legal right to use an economic resource and to derive income and benefits
from it ---------CORRECT ANSWER-----------------property right
Legal rights awarded by government authorities to investors of new products or
processes who are given monopoly rights to derive income from inventions --------
-CORRECT ANSWER-----------------patent
, Exclusive legal rights of authors and publishers to publish and disseminate their
work ---------CORRECT ANSWER-----------------copyright
Exclusive legal rights of firms to use specific names, brands and designs to
differentiate their products ---------CORRECT ANSWER-----------------trademark
Characterized by the invisible hand of market forces where the government takes
a hands off approach ---------CORRECT ANSWER-----------------market
Factors of production should be government owned or state owned and all
supply, demand and pricing are planned by the government ---------CORRECT
ANSWER-----------------command
The economic system of most countries ---------CORRECT ANSWER-----------------
mixed economy
A curve that represents a consumers preferences ---------CORRECT ANSWER---------
--------indifference curve
________ indifference curves are preferred to ______ ones ---------CORRECT
ANSWER-----------------higher, lower
