D080 || Top Grade Assured.
Connection
social media platforms
commercial air travel
cultural trends
wealth inequity correct answers Cultural trends such as music, art, clothing, and industry are
connecting people more than ever.
Technology?
social media platforms
commercial air travel
cultural trends
wealth inequity correct answers The internet gave rise to the creation of social media platforms
that encourage cultural exchange between citizens of nation states.
Transportation?
social media platforms
commercial air travel
cultural trends
wealth inequity correct answers The rise of commercial air travel allowed goods to move
between countries quickly.
Not a driver?
social media platforms
commercial air travel
cultural trends
,wealth inequity correct answers Wealth inequity is a negative result of globalization and not a
driver.
Members of a work team are from many different countries. They share their thoughts on
developing a strategy to market a product in several different countries.
What is the term for the international integration of the team members' exchange of worldviews
and ideas to develop the strategy?
Globalization
Job availability
Outsourcing
Wealth inequality correct answers Globalization
Correct! The ability to collectively develop a better product strategy will occur by having a
cross-cultural exchange of ideas to market the product globally. Globalization is when
international integration arises from the interchange of worldviews, products, ideas, and other
aspects of culture.
Which type of globalization refers to the international movement of goods, capital, and services?
Social
Economic
Cultural
Anti correct answers Economic
Correct! The movement of goods and services internationally through trade and trade agreements
is economic globalization. As the world becomes smaller, increased movement of goods across
borders occurs along with trade agreements.
Market Entry?
Complete each activity in the most advantageous location
Full production to a single, low-cost location
,Market expansion
Companies enter new countries
Companies seek further cost savings, substituting lower cost labor for capital correct answers
Companies enter new countries
Product Specialization?
Complete each activity in the most advantageous location
Full production to a single, low-cost location
Market expansion
Companies enter new countries
Companies seek further cost savings, substituting lower cost labor for capital correct answers
Full production to a single, low-cost location
Value Chain Disaggregation?
Complete each activity in the most advantageous location
Full production to a single, low-cost location
Market expansion
Companies enter new countries
Companies seek further cost savings, substituting lower cost labor for capital correct answers
Complete each activity in the most advantageous location
Creation of New Markets?
Complete each activity in the most advantageous location
Full production to a single, low-cost location
Market expansion
Companies enter new countries
Companies seek further cost savings, substituting lower cost labor for capital correct answers
Market expansion
, Value Chain Reengineering?
Complete each activity in the most advantageous location
Full production to a single, low-cost location
Market expansion
Companies enter new countries
Companies seek further cost savings, substituting lower cost labor for capital correct answers
Companies seek further cost savings, substituting lower cost labor for capital
The CEO of an international company reminds the executive vice presidents that while the
company may do good while performing corporate social responsibilities, the business has one
ultimate goal since it is engaged in commercial activities with corporate shareholders.
Which ultimate goal is the CEO emphasizing to the executive vice presidents?
Stakeholder satisfaction
Exporting
Cultural exchange
Profitability correct answers Profitability
Correct! Ultimately, a company is engaged in commerce to achieve a profit. Business profit is
gauged in financial and economic terms. However, some level of sustained financial and
economic profits is needed for a business to achieve other outcomes that are measured as social
or environmental performance.
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?
Cost
Government
Competition
Connection
social media platforms
commercial air travel
cultural trends
wealth inequity correct answers Cultural trends such as music, art, clothing, and industry are
connecting people more than ever.
Technology?
social media platforms
commercial air travel
cultural trends
wealth inequity correct answers The internet gave rise to the creation of social media platforms
that encourage cultural exchange between citizens of nation states.
Transportation?
social media platforms
commercial air travel
cultural trends
wealth inequity correct answers The rise of commercial air travel allowed goods to move
between countries quickly.
Not a driver?
social media platforms
commercial air travel
cultural trends
,wealth inequity correct answers Wealth inequity is a negative result of globalization and not a
driver.
Members of a work team are from many different countries. They share their thoughts on
developing a strategy to market a product in several different countries.
What is the term for the international integration of the team members' exchange of worldviews
and ideas to develop the strategy?
Globalization
Job availability
Outsourcing
Wealth inequality correct answers Globalization
Correct! The ability to collectively develop a better product strategy will occur by having a
cross-cultural exchange of ideas to market the product globally. Globalization is when
international integration arises from the interchange of worldviews, products, ideas, and other
aspects of culture.
Which type of globalization refers to the international movement of goods, capital, and services?
Social
Economic
Cultural
Anti correct answers Economic
Correct! The movement of goods and services internationally through trade and trade agreements
is economic globalization. As the world becomes smaller, increased movement of goods across
borders occurs along with trade agreements.
Market Entry?
Complete each activity in the most advantageous location
Full production to a single, low-cost location
,Market expansion
Companies enter new countries
Companies seek further cost savings, substituting lower cost labor for capital correct answers
Companies enter new countries
Product Specialization?
Complete each activity in the most advantageous location
Full production to a single, low-cost location
Market expansion
Companies enter new countries
Companies seek further cost savings, substituting lower cost labor for capital correct answers
Full production to a single, low-cost location
Value Chain Disaggregation?
Complete each activity in the most advantageous location
Full production to a single, low-cost location
Market expansion
Companies enter new countries
Companies seek further cost savings, substituting lower cost labor for capital correct answers
Complete each activity in the most advantageous location
Creation of New Markets?
Complete each activity in the most advantageous location
Full production to a single, low-cost location
Market expansion
Companies enter new countries
Companies seek further cost savings, substituting lower cost labor for capital correct answers
Market expansion
, Value Chain Reengineering?
Complete each activity in the most advantageous location
Full production to a single, low-cost location
Market expansion
Companies enter new countries
Companies seek further cost savings, substituting lower cost labor for capital correct answers
Companies seek further cost savings, substituting lower cost labor for capital
The CEO of an international company reminds the executive vice presidents that while the
company may do good while performing corporate social responsibilities, the business has one
ultimate goal since it is engaged in commercial activities with corporate shareholders.
Which ultimate goal is the CEO emphasizing to the executive vice presidents?
Stakeholder satisfaction
Exporting
Cultural exchange
Profitability correct answers Profitability
Correct! Ultimately, a company is engaged in commerce to achieve a profit. Business profit is
gauged in financial and economic terms. However, some level of sustained financial and
economic profits is needed for a business to achieve other outcomes that are measured as social
or environmental performance.
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?
Cost
Government
Competition
