Drivers of globalization Study guides, Class notes & Summaries

WGU D080 OA Questions With Complete Solutions (Graded A+ 2023/2024) What is globalization? - Answer as international integration arising from the exchange of world views, products, ideas, and other aspects of culture. What is Culture Globalization? - Answer refers to the transmission of ideas, meanings, and values around the world in such a way that extends and intensifies social relations. What is Political Globalization? - Answer Refers to the emergence of an increasing number of global ...

Test Bank Marketing Management, 3rd Edition Greg Marshall Mark Johnston Contemporary Marketing 3rd Edition – Test Bank Chapter 1—Marketing: The Art and Science of Satisfying Customers MULTIPLE CHOICE 1. What utility does Cannondale create when the company combines aluminum and other components in the production of bicycles? a. ownership utility b. form utility c. place utility d. time utility REF: 5 NOT: AACSB Reflective Thinking | TB&E Model Marketing Plan 2. When you purchase concert ticke...

Globalization of markets - Answer-refers to the interconnectedness of national economies and the growing interdependence of buyers, producers, suppliers, and governments around the world Role of Technology in Globalization - Answer-technology offers products/services worldwide, communication finding information, the world has become a "small place" Examples of Technology's Role in Globalization - Answer--shorter flight times -declining cost of global communication -growing # of internet...

International Business Chapter 2 Questions and Answers Graded A+ What makes a company international? 1. owning a retail outlet in another country 2. Owning a manufacturing plant in another country 3. Importing/exporting internationally 4. Investing internationally International Business conducts transactions across national borders Globalization development of an increasingly integrated global economy (free trade, free flow of capital...) Pros of Expansion company growth, new ma...

What external change drivers have had the most impact on the development of global supply chains in the 21st century? correct answer: *Technology* (compete internally and externally, we can pull information instead of push, social media affects customer demand), *Globalization* (recognize absolute and comparative advantage and the need for offshoring, where should we produce, where should we sell, who should we source from, need bigger safety stock), *Empowered Consumers* (people wanting more v...

WGU D080 UNIT 2 - Study Guide Questions (GLOBAL) What is globalization? -the growing global economic, cultural, and political integration and interaction what business opportunities are presented by globalization? -economic growth, spread of technology and innovation, lower cost of products, access to new markets what are the economic effects of globalization? -reduces cost of manufacturing, consumers have a wider variety of goods what are the political effects of globalization? -red...

COMM211 Final Exam Questions and Answers 100% Pass What is Globalization? - Answer-Shift towards a more integrated and independent world economy What are the drivers of globalization? - Answer-1. Declining trade and investment barriers 2. Technological change 3.PEST 4. Growing a new culture 5. Advances within the economy What is the Globalization debate? - Answer-the different arguments on wether globalization is a good thing to implement in the world economy What are the main global...

WGU D080 study for OA With Complete Solutions ACTUAL EXAM Q&A Graded A+ Latest Update 2023/2024 What is globalization? as international integration arising from the exchange of world views, products, ideas, and other aspects of culture. What is Culture Globalization? refers to the transmission of ideas, meanings, and values around the world in such a way that extends and intensifies social relations. What is Political Globalization? Refers to the emergence of an increasing number o...

GMS522 Midterm Exam Questions and Answers 100% Pass international marketing - Answer- the process of planning and conducting transactions across national borders to create exchanges that satisfy the objectives of individuals and organizations. (international sales are seen as secondary to developing the domestic market) multidomestic marketing strategy - Answer- the development of separate marketing strategies for each country that a firm conducts business activities in (if you are in lat...

Strategic Competitiveness - achieved when a firm successfully formulates and implements a value-creating strategy Strategy - integrated and coordinated set of commitments and actions designed to exploit core competencies and gain a competitive advantage Competitive Advantage - when it implements a strategy that creates superior value for customers and competitors are unable to duplicate or find too costly to try to imitate. Above average returns - returns in excess of what an investor e...