WGU D080 EXAM DETAILED PREPARATION
PACK 2026
◉ trade. Answer: The action of buying and selling goods and
services
◉ capital. Answer: Financial assets such as funds but also
equipment, facilities, and other means of production
◉ outsource. Answer: To obtain goods or services from an outside or
foreign supplier
◉ nongovernmental organizations (NGOs). Answer: Not for profit
organizations that are independent of the government and are active
in humanitarian causes
◉ Which type of globalization refers to the international movement
of goods, capital, and services?. Answer: Economic
◉ patents. Answer: Protects inventions and improvements to
existing inventions for a limited period of time in exchange for
detailed public disclosure of those inventions
,◉ copyrights. Answer: A government authority or license giving the
owner of an invention the right to exclude others from making or
selling the invention for a set period of time
◉ trademarks. Answer: Protection for any word, name, symbol,
device, or any combination used in commerce to identify and
distinguish the goods of one manufacturer or seller from goods
manufactured or sold by others
◉ assets. Answer: A useful or valuable thing; something you own
such as building, inventory, or cash
◉ liabilities. Answer: Being responsible for a debt or financial
obligation, something you owe
◉ financial instrument. Answer: A monetary contract between
parties
◉ multinational firms. Answer: A large corporation incorporated in
one country which produces or sells goods or services in various
countries
◉ The 5 Stages of going Global. Answer: Stage 1 ~ Market Entry
Stage 2 ~ Product Specialization
,Stage 3 ~ Value Chain Disaggregation
Stage 4 ~ Value Chain Reengineering
Stage 5 ~ Creation of New Markets
◉ Economies of scale. Answer: A proportionate savings in costs
gained by an increased level of production
◉ Economies of scope. Answer: To develop efficiencies in terms of
variety not volume
◉ A CEO seeks to better use the economies of scale and scope of
production to increase the international company's profits.
Which type of globalization driver is the CEO seeking to use?.
Answer: Cost
◉ A CEO seeks to better use the economies of scale and scope of
production to increase the international company's profits.
Which type of globalization driver is the CEO seeking to use?.
Answer: Cost
◉ A CEO is discussing an expansion of production of a company's
highly perishable dairy line in a country that can offer low labor
costs and good internet connections. The country has no highways,
and roads are poorly maintained.
, Which challenge to international business expansion do the road
conditions present?. Answer: Infrastructure
◉ Six Sigma. Answer: A method that provides tools for organizations
to increase performance and decrease process variation
◉ Which factor of CAGE addresses differences in country size that
affect barriers to globalization?. Answer: Economics
◉ Gini coefficient. Answer: Measures the inequality among values of
a frequency distribution such as levels of income
◉ Happy Planet Index. Answer: Measures how well nations are
doing at achieving long, happy, sustainable lives
◉ Which argument is used by critics who wish to discourage
movement towards globalization?. Answer: It increases the wealth of
the rich rather than the poor.
◉ gross domestic product (GDP). Answer: The total value of goods
and services provided in a country in a one-year period
PACK 2026
◉ trade. Answer: The action of buying and selling goods and
services
◉ capital. Answer: Financial assets such as funds but also
equipment, facilities, and other means of production
◉ outsource. Answer: To obtain goods or services from an outside or
foreign supplier
◉ nongovernmental organizations (NGOs). Answer: Not for profit
organizations that are independent of the government and are active
in humanitarian causes
◉ Which type of globalization refers to the international movement
of goods, capital, and services?. Answer: Economic
◉ patents. Answer: Protects inventions and improvements to
existing inventions for a limited period of time in exchange for
detailed public disclosure of those inventions
,◉ copyrights. Answer: A government authority or license giving the
owner of an invention the right to exclude others from making or
selling the invention for a set period of time
◉ trademarks. Answer: Protection for any word, name, symbol,
device, or any combination used in commerce to identify and
distinguish the goods of one manufacturer or seller from goods
manufactured or sold by others
◉ assets. Answer: A useful or valuable thing; something you own
such as building, inventory, or cash
◉ liabilities. Answer: Being responsible for a debt or financial
obligation, something you owe
◉ financial instrument. Answer: A monetary contract between
parties
◉ multinational firms. Answer: A large corporation incorporated in
one country which produces or sells goods or services in various
countries
◉ The 5 Stages of going Global. Answer: Stage 1 ~ Market Entry
Stage 2 ~ Product Specialization
,Stage 3 ~ Value Chain Disaggregation
Stage 4 ~ Value Chain Reengineering
Stage 5 ~ Creation of New Markets
◉ Economies of scale. Answer: A proportionate savings in costs
gained by an increased level of production
◉ Economies of scope. Answer: To develop efficiencies in terms of
variety not volume
◉ A CEO seeks to better use the economies of scale and scope of
production to increase the international company's profits.
Which type of globalization driver is the CEO seeking to use?.
Answer: Cost
◉ A CEO seeks to better use the economies of scale and scope of
production to increase the international company's profits.
Which type of globalization driver is the CEO seeking to use?.
Answer: Cost
◉ A CEO is discussing an expansion of production of a company's
highly perishable dairy line in a country that can offer low labor
costs and good internet connections. The country has no highways,
and roads are poorly maintained.
, Which challenge to international business expansion do the road
conditions present?. Answer: Infrastructure
◉ Six Sigma. Answer: A method that provides tools for organizations
to increase performance and decrease process variation
◉ Which factor of CAGE addresses differences in country size that
affect barriers to globalization?. Answer: Economics
◉ Gini coefficient. Answer: Measures the inequality among values of
a frequency distribution such as levels of income
◉ Happy Planet Index. Answer: Measures how well nations are
doing at achieving long, happy, sustainable lives
◉ Which argument is used by critics who wish to discourage
movement towards globalization?. Answer: It increases the wealth of
the rich rather than the poor.
◉ gross domestic product (GDP). Answer: The total value of goods
and services provided in a country in a one-year period
