C211 WGU OA EXAM 2025 UPDATE MOST
TESTED QUESTIONS WITH VERIFIED
ANSWERS ALREADY GRADED
Which political view of foreign direct investment (FDI) is most widely
used by governments in the current international business environment?
- ANSWER-Protectionism
Which factors credit the degree of rivalry between a pair of competitors?
2 choices - ANSWER-Market Commonality
Cost Structure
Which factors credit how local firms in emerging economics will respond
to multinational competitors? - ANSWER-Competitive assets and
industry pressures to globalize
During which stage of the product life cycle do sales and profits
gradually increase before seeing more dramatic increases? - ANSWER-
Growth
Which factor determines the foreign exchange rate of any currency? -
ANSWER-Supply and demand for the currency
Which risk must corporation minimize if it is to effectively manage short-
term currency fluctuations? - ANSWER-Transaction Risk
Which policy does a country use to determine the exchange rate of their
currency in relationship to another country's currency if they do not rely
on market forces? - ANSWER-Fixed Rate Policy
Which term refers to trading currencies and currency derivatives in
order to earn profits and help make prices efficient? - ANSWER-
Brokering
Which type of advantage is gained by a company based on where it
operates? - ANSWER-Location-Specific
Who gains from erecting significant entry barriers for other entrants? -
ANSWER-First Movers
, Which strategy for entering into a foreign market has the lowest degree
of risk? - ANSWER-Licensing
What is a non-equity mode involving some type of contractual
agreement? - ANSWER-Licensing
After the Lehman Brothers collapse, the federal Reserve stood ready to
lend financial institutions funds. When the Federal reserve did this, it
was acting in its role as a lender of last resort. Which type of group has
this role? - ANSWER-Non Governmental Organization
What is the comprehensive free-trade settlement among Canada, US,
and Mexico, that address issues of protecting workers rights, the
environment and reducing tariffs and non-tariff trade barriers? -
ANSWER-NAFTA
What is one of the core propositions underpinning an institution-based
view of global business? - ANSWER-Managers and corporations make
rational decisions within their formal and informal framework
Which type of system allows businesses to be privately owned with a
strong individualistic profit orientation? - ANSWER-Market economy
Which legal system is based on a religious document and religious
teachings? - ANSWER-Theocratic Law
Which type of good has well-established property rights? - ANSWER-
Private Goods
Which activity disregards basic property rights? - ANSWER-Students play
loud music in the open area between dorms
What is one type of economy that uses the market system? - ANSWER-
Mixed Economy
Which kind of outcome was Adam Smith referring to when describing
the invisible hand? - ANSWER-Market Outcomes
TESTED QUESTIONS WITH VERIFIED
ANSWERS ALREADY GRADED
Which political view of foreign direct investment (FDI) is most widely
used by governments in the current international business environment?
- ANSWER-Protectionism
Which factors credit the degree of rivalry between a pair of competitors?
2 choices - ANSWER-Market Commonality
Cost Structure
Which factors credit how local firms in emerging economics will respond
to multinational competitors? - ANSWER-Competitive assets and
industry pressures to globalize
During which stage of the product life cycle do sales and profits
gradually increase before seeing more dramatic increases? - ANSWER-
Growth
Which factor determines the foreign exchange rate of any currency? -
ANSWER-Supply and demand for the currency
Which risk must corporation minimize if it is to effectively manage short-
term currency fluctuations? - ANSWER-Transaction Risk
Which policy does a country use to determine the exchange rate of their
currency in relationship to another country's currency if they do not rely
on market forces? - ANSWER-Fixed Rate Policy
Which term refers to trading currencies and currency derivatives in
order to earn profits and help make prices efficient? - ANSWER-
Brokering
Which type of advantage is gained by a company based on where it
operates? - ANSWER-Location-Specific
Who gains from erecting significant entry barriers for other entrants? -
ANSWER-First Movers
, Which strategy for entering into a foreign market has the lowest degree
of risk? - ANSWER-Licensing
What is a non-equity mode involving some type of contractual
agreement? - ANSWER-Licensing
After the Lehman Brothers collapse, the federal Reserve stood ready to
lend financial institutions funds. When the Federal reserve did this, it
was acting in its role as a lender of last resort. Which type of group has
this role? - ANSWER-Non Governmental Organization
What is the comprehensive free-trade settlement among Canada, US,
and Mexico, that address issues of protecting workers rights, the
environment and reducing tariffs and non-tariff trade barriers? -
ANSWER-NAFTA
What is one of the core propositions underpinning an institution-based
view of global business? - ANSWER-Managers and corporations make
rational decisions within their formal and informal framework
Which type of system allows businesses to be privately owned with a
strong individualistic profit orientation? - ANSWER-Market economy
Which legal system is based on a religious document and religious
teachings? - ANSWER-Theocratic Law
Which type of good has well-established property rights? - ANSWER-
Private Goods
Which activity disregards basic property rights? - ANSWER-Students play
loud music in the open area between dorms
What is one type of economy that uses the market system? - ANSWER-
Mixed Economy
Which kind of outcome was Adam Smith referring to when describing
the invisible hand? - ANSWER-Market Outcomes
