WGU D080 Managing in a Global Business
Environment (QHC1) (PQHC) Exam 70 Questions
with Verified Answers
C. Creation of isolationist policies - CORRECT ANSWER Which negative outcome on
political systems comes from globalization?
A. Increase in the number of laws
B. Increase in the amount of taxes
C. Creation of isolationist policies
D. Creation of translation problems
Globalization - 36%
Political, Economic, and Legal Systems
A. Reduced trade barriers - CORRECT ANSWER Which factor results in a higher
rate of globalization?
A. Reduced trade barriers
B. Lower cross-border migration
C. Higher costs of doing business
D. Decreased direct foreign investment
Globalization - 36%
,Political, Economic, and Legal Systems
D. Culture, administration, geography, economy - CORRECT ANSWER What are the
four factors in Ghemawat's CAGE analysis?
A. Culture, administration, government, environment
B. Culture, agriculture, government, economy
C. Culture, agriculture, geography, environment
D. Culture, administration, geography, economy
Globalization - 36%
Political, Economic, and Legal Systems
B. Loss of manufacturing jobs - CORRECT ANSWER What is a major drawback to
the home country when companies outsource manufacturing jobs to countries
with lower worker wages?
A. Higher taxes
B. Loss of manufacturing jobs
C. Increased manufacturing costs
D. Decreased focus on research and development
Globalization - 36%
Political, Economic, and Legal Systems
,C. The globalization process is at a disadvantage as the country has a lower
standard of living. - CORRECT ANSWER A country has a characteristic traditional
economic system with poor infrastructure and limited economic opportunity.
What is the impact of this system on the process of globalization?
A. The globalization process is unaffected as the system does not hinder the
process.
B. The globalization process has shortcomings as there are conflicts with other
countries.
C. The globalization process is at a disadvantage as the country has a lower
standard of living.
D. The globalization process is steady as the country is not vulnerable to the
impact of globalization.
Globalization - 36%
Political, Economic, and Legal Systems
D. Firms seek to maximize profits. - CORRECT ANSWER What is a characteristic of a
market economy?
A. Government regulation is abundant.
B. Production is based on traditions.
C. Goods and services are publicly owned.
, D. Firms seek to maximize profits.
Globalization - 36%
Political, Economic, and Legal Systems
A. It forbids charging interest. - CORRECT ANSWER Which impact does Islamic law
directly have on businesses?
A. It forbids charging interest.
B. It commercializes the legal system.
C. It prohibits sale-buyback of businesses.
D. It limits the globalization of business.
Globalization - 36%
Political, Economic, and Legal Systems
C. International Monetary Fund - CORRECT ANSWER Which institution helps to
maintain availability of global financing to solve trade deficit issues?
A. The World Bank
B. The Federal Reserve
C. International Monetary Fund
D. International Finance Corporation
Environment (QHC1) (PQHC) Exam 70 Questions
with Verified Answers
C. Creation of isolationist policies - CORRECT ANSWER Which negative outcome on
political systems comes from globalization?
A. Increase in the number of laws
B. Increase in the amount of taxes
C. Creation of isolationist policies
D. Creation of translation problems
Globalization - 36%
Political, Economic, and Legal Systems
A. Reduced trade barriers - CORRECT ANSWER Which factor results in a higher
rate of globalization?
A. Reduced trade barriers
B. Lower cross-border migration
C. Higher costs of doing business
D. Decreased direct foreign investment
Globalization - 36%
,Political, Economic, and Legal Systems
D. Culture, administration, geography, economy - CORRECT ANSWER What are the
four factors in Ghemawat's CAGE analysis?
A. Culture, administration, government, environment
B. Culture, agriculture, government, economy
C. Culture, agriculture, geography, environment
D. Culture, administration, geography, economy
Globalization - 36%
Political, Economic, and Legal Systems
B. Loss of manufacturing jobs - CORRECT ANSWER What is a major drawback to
the home country when companies outsource manufacturing jobs to countries
with lower worker wages?
A. Higher taxes
B. Loss of manufacturing jobs
C. Increased manufacturing costs
D. Decreased focus on research and development
Globalization - 36%
Political, Economic, and Legal Systems
,C. The globalization process is at a disadvantage as the country has a lower
standard of living. - CORRECT ANSWER A country has a characteristic traditional
economic system with poor infrastructure and limited economic opportunity.
What is the impact of this system on the process of globalization?
A. The globalization process is unaffected as the system does not hinder the
process.
B. The globalization process has shortcomings as there are conflicts with other
countries.
C. The globalization process is at a disadvantage as the country has a lower
standard of living.
D. The globalization process is steady as the country is not vulnerable to the
impact of globalization.
Globalization - 36%
Political, Economic, and Legal Systems
D. Firms seek to maximize profits. - CORRECT ANSWER What is a characteristic of a
market economy?
A. Government regulation is abundant.
B. Production is based on traditions.
C. Goods and services are publicly owned.
, D. Firms seek to maximize profits.
Globalization - 36%
Political, Economic, and Legal Systems
A. It forbids charging interest. - CORRECT ANSWER Which impact does Islamic law
directly have on businesses?
A. It forbids charging interest.
B. It commercializes the legal system.
C. It prohibits sale-buyback of businesses.
D. It limits the globalization of business.
Globalization - 36%
Political, Economic, and Legal Systems
C. International Monetary Fund - CORRECT ANSWER Which institution helps to
maintain availability of global financing to solve trade deficit issues?
A. The World Bank
B. The Federal Reserve
C. International Monetary Fund
D. International Finance Corporation
