WGU D080 (NEW UPDATED VERSION) LATEST ACTUAL EXAM QUESTIONS AND
CORRECT ANSWERS (VERIFIED QUESTIONS AND ANSWERS) | GUARANTEED PASS A+
UPDATED THIS YEAR
What is globalization? - CORRECT ANSWER When international integration
arises from the interchange of world views, products, ideas, and other aspects of
cultures.
QUESTION : different types of Globalization - CORRECT ANSWER 1.
Economic
2. Political
3. Cultural
QUESTION : Advantages of Economic globalization - CORRECT ANSWER
more trade, investments, information technology, faster economic development,
and increased social being
QUESTION : Disadvantages of Economic globalization - CORRECT ANSWER
benefits the rich at the expense of the poor, manufacturing job loss in developed
countries, environmental damage, and unethical practices of labor
QUESTION : Advantages of Political globalization - CORRECT ANSWER
more cooperation amount countries, formation of international or regional
organizations, NGOs
2026 2027 GRADED A+
,2|Page
QUESTION : Disadvantages of Political globalization - CORRECT ANSWER
reduce the importance of nation-states, loss of sovereignty and power of local
government
QUESTION : Advantages of Cultural globalization - CORRECT ANSWER
awareness of international community
QUESTION : Disadvantages of Cultural globalization - CORRECT ANSWER
loss of uniqueness of a country's culture
QUESTION : What is international business? - CORRECT ANSWER any
situation where the production or distribution of goods or services crosses
country borders
QUESTION : What are opportunities for international business? - CORRECT
ANSWER New and large international markets offers possible more revenues,
lower costs, and access to advanced technology
QUESTION : What are challenges for international business? - CORRECT
ANSWER Ethical business practice concerns, organizational structure (create
new division), public relations (build customer loyalty), leaderships, and legal and
regulatory structure
QUESTION : What are the 5 stages of going global? - CORRECT ANSWER 1.
Market entry
2. product specialization
3. value chain disaggregation
4. value chain reengineering
2026 2027 GRADED A+
,3|Page
5. creation of new markets
QUESTION : Market Entry - CORRECT ANSWER Companies enter new
countries using business models similar to the ones deployed in their home
markets
QUESTION : Product specialization - CORRECT ANSWER Companies
transfer the full production process of a particular product line to a single, low-
cost location and export the goods to various consumer markets
QUESTION : Value chain disaggregation - CORRECT ANSWER Companies
disaggregate the production process and focus on completing each activity in the
most advantageous location
QUESTION : Value chain reengineering - CORRECT ANSWER Companies
seek to further increase their cost savings by reengineering their processes to
suit local market conditions by substituting lower cost labor for capital
QUESTION : Creation of new markets - CORRECT ANSWER creates new
demand due to the reduction of ticket price
QUESTION : What are the 4 drivers of Globalization? - CORRECT ANSWER 1.
Market
2. Cost
3. Competition
4. Government
2026 2027 GRADED A+
, 4|Page
QUESTION : Market - CORRECT ANSWER Opportunity for scale and
convergence of needs (foreign consumers have the same demand as domestic
consumer, no need to redesign)
QUESTION : Cost - CORRECT ANSWER - Economies of scale & scope: use
same production facility for multiple procedures.
- Exploiting cost of factors of production: labor cost reductions, natural
resources cost reduction
QUESTION : Competition - CORRECT ANSWER New markets & increased
levels of trade
QUESTION : Government - CORRECT ANSWER Favorable policies, support
for the industry ((can use tax bracket to attract FDI and subsidies (free money)
can help domestic business reduce cost and charge lower price))
QUESTION : What did Thomas Friedman propose? - CORRECT ANSWER
The world is flat view - the use of technology and internet has made it easier for
businesses to conduct global operation
QUESTION : What did Ghemawat propose? - CORRECT ANSWER The world
is a multi-domestic world
QUESTION : What is CAGE analysis? - CORRECT ANSWER Culture,
Administration, Geography, and Economics
QUESTION : Culture (CAGE) - CORRECT ANSWER Cultural difference could
reduce country's trade volume
2026 2027 GRADED A+