Wgu fvc1 Study guides, Class notes & Summaries

Globalization encompasses the socio-economic reform process of eliminating trade, investment, cultural, information technology, and political barriers across countries, which could lead to increased economic growth and geo-political integration and interdependence among nations of the world. a. True b. False correct answer: Ch. 1 - True Globalization has always been and always will remain another word for "Westernization." a. True b. False correct answer: Ch. 1 - False Today,...

Globalization correct answer: International integration that occurs from interchange of world views, products, ideas, and other aspects of culture. Globalization Opportunities correct answer: *demand for new products *lower labor cost *less expensive natural resources *operate internationally to increase revenue and lower cost. Economic Effect on Globalization correct answer: *widespread international movement of goods, capital resources, services, information, etc. *countries are i...

WGU Global Business FVC1 V2 and D080 Module 1-4 Complete (Cohorts)

Summary Global Business FVC1 V2 and D080 Module 1-4 Cohorts WGU Complete.

What are the characteristics of globalization? correct answer: 1. improve productivity 2. improve quality of work life 3. ensure legal compliance 4. ensure ethical behavior How do major international institutions facilitate globalization? correct answer: (1) improve productivity - organization and design (2) Work-Life - more autonomy and a chance to make a greater contribution to the organization (3) Legal - By ensuring the company is compliant with the law (4) Ethical Behavior - often the ...

Summary Global Business FVC1 V2 and D080 Module 1-4 Cohorts WGU Complete.

Ch 1: What are the characteristics of globalization correct answer: Communication, transportation, transnational businesses, free trade agreements, consumer culture, labor force. *People are interacting across borders. *Lower barriers to trade, expansion of technology, decoupling - trade is happening among lesser developed countries. Emerging markets trading with each other. INTERDEPENDENCE (financial) Ch 1: How do major international institutions facilitate globalization? correct answer:...

What is globalization? - i international integration arises from the interchange of world views, products, ideas, and other aspects of culture. What are the economic effects of globalization - Trade Investment Information Technology What are the political effects of globalization - Recue the importance of nation-states NGOs What are the cultural effects of globalization - Transmission of ideas, meanings, and values around the world. What is International Business - Relates to any sit...