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WGU C211 OA Global Economics Exam (2022/2023) (Verified Answers) C211 Which political view of foreign direct investment (FDI) is most widely used by governments in the current international business environment? Radicalism Protectionism Communism nationalism Which factors predict the degree of rivalry between a pair of competitors? 2 choices Market commonality Cost structure Resource similarity Organizational structure Which factors predicts how local firms in emerging economics w...

OCC Business A100 1st Exam Gordon Questions & Answers 2024/2025 European Union (EU) - ANSWERSA group of 28 countries that operates as a cohesive economic and political block Eurozone - ANSWERSThe countries that use the euro as their currency Euro - ANSWERSThe common currency used in 11 countries of the European Union All the countries that use the euro are members of the EU, BUT... - ANSWERSNot all the countries in the EU use the euro i.e. Sweden, Poland, Great Britain Is Great ...

Globalization - the process through which an increasingly free flow of ideas, people, goods, services and capital leads to the integration of economies and societies How do major international institutions facilitate globalization? - help transmit information, enforce contracts/property rights, promote market competition Why is it important for political leaders and institutions to be transparent in responding to global competition? - social unrest leading to political instability, ineffect...

Which of the following is a characteristic of globalization? - Culture How do major international institutions facilitate globalization? - By creating an international monetary system What do countries with politicians that sustain transparency in global competition tend to have? - A competitive market structures. What helps make globalization sustainable? - Transparency in government policy What do property rights enable buyers and sellers to do? - Conduct transactions with a high degree...

TEST BANK - STRATEGIC MANAGEMENT AND BUSINESS POLICY, 15E (WHEELMEN ET AL.) Chapter 1 Basic Concepts in Strategic Management 1) The emphasis of strategic management is on A) Long-term performance. B) First line managers. C) The short-run performance of the corporation. D) An examination of the organization's internal environment. E) An investigation of competitor actions. Answer: A 2) Research suggests that strategic management evolves through four sequential phases in corporat...

1. People in neighboring countries often share a language, as well as other cultural elements. ANS: T People in neighboring countries often share a language, as well as other cultural elements, such as traditions, norms, and religion. North Africa and the Middle East are examples of this phenomenon. This is found in the "A Common Culture" section (4-1a). PTS: 1 DIF: Easy 2. A common language between neighboring countries facilitates commerce and marketing. ANS: T The commonality of lan...

International Econ Part 3, Exam Questions and answers/ rated A+ Which of the following is not a preferential trading arrangement? OECD is not, EU, NAFTA,GSP, anti-dumping duty are. Which of the following explains why trade diversion is undesirable for an importing country that lowers its tariff against a partner in a free trade area? The country imports from the partner at higher cost than it previously imported from some other country When a country eliminates its tariff against a part...

CRM Elements - Ans 1. Knowledge Discovery 2. Market Planning 3. Customer Interaction. 4. Analysis and Refinement 4 Regional Market Zones - Ans 1. EU 2. NAFTA 3. MERCOSUR 4. ASEAN A business sets a product price based on an attempt to drive competitors out of business. Which illegal pricing activity is this an example of? - Ans A. Price discrimination B. Price fixing C. Deceptive pricing D. Predatory pricing

1. Principles are a. laws and regulations that guide behavior in the world of business. b. mores, values, and customs that guide behavior in general. c. specific and pervasive boundaries for behavior that are universal and absolute. d. the obligations businesses assume to maximize their positive impact and minimize their negative impact on stakeholders. e. the mores, values, and customs that parents teach their children. ANSWER: POINTS: DIFFICULTY: REFERENCES: LEARNING OBJECTIVES: NATIO...

WGU C211 - Global Economics for Managers Exam Answers 2022. Which political view of foreign direct investment (FDI) is most widely used by governments in the current international business environment? Radicalism Protectionism Communism nationalism 5. Which factors predict the degree of rivalry between a pair of competitors? 2 choices Market commonality Cost structure Resource similarity Organizational structure 6. Which factors predicts how local firms in emerging economics will resp...