WGU D080 | QUESTIONS AND ANSWERS | 2025/26
UPDATE | 100% CORRECT
What is globalization? Answer - When international integration arises from the
interchange of world views, products, ideas, and other aspects of cultures.
different types of Globalization Answer - 1. Economic
2. Political
3. Cultural
Advantages of Economic globalization Answer - more trade, investments,
information technology, faster economic development, and increased social
being
Disadvantages of Economic globalization Answer - benefits the rich at the
expense of the poor, manufacturing job loss in developed countries,
environmental damage, and unethical practices of labor
Advantages of Political globalization Answer - more cooperation amount
countries, formation of international or regional organizations, NGOs
Disadvantages of Political globalization Answer - reduce the importance of
nation-states, loss of sovereignty and power of local government
,Advantages of Cultural globalization Answer - awareness of international
community
Disadvantages of Cultural globalization Answer - loss of uniqueness of a
country's culture
What is international business? Answer - any situation where the production
or distribution of goods or services crosses country borders
What are opportunities for international business? Answer - New and large
international markets offers possible more revenues, lower costs, and access to
advanced technology
What are challenges for international business? Answer - Ethical business
practice concerns, organizational structure (create new division), public
relations (build customer loyalty), leaderships, and legal and regulatory
structure
What are the 5 stages of going global? Answer - 1. Market entry
2. product specialization
3. value chain disaggregation
4. value chain reengineering
5. creation of new markets
Market Entry Answer - Companies enter new countries using business models
similar to the ones deployed in their home markets
Product specialization 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
, Value chain disaggregation Answer - Companies disaggregate the production
process and focus on completing each activity in the most advantageous
location
Value chain reengineering 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
Creation of new markets Answer - creates new demand due to the reduction
of ticket price
What are the 4 drivers of Globalization? Answer - 1. Market
2. Cost
3. Competition
4. Government
Market Answer - Opportunity for scale and convergence of needs (foreign
consumers have the same demand as domestic consumer, no need to redesign)
Cost 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
Competition Answer - New markets & increased levels of trade
UPDATE | 100% CORRECT
What is globalization? Answer - When international integration arises from the
interchange of world views, products, ideas, and other aspects of cultures.
different types of Globalization Answer - 1. Economic
2. Political
3. Cultural
Advantages of Economic globalization Answer - more trade, investments,
information technology, faster economic development, and increased social
being
Disadvantages of Economic globalization Answer - benefits the rich at the
expense of the poor, manufacturing job loss in developed countries,
environmental damage, and unethical practices of labor
Advantages of Political globalization Answer - more cooperation amount
countries, formation of international or regional organizations, NGOs
Disadvantages of Political globalization Answer - reduce the importance of
nation-states, loss of sovereignty and power of local government
,Advantages of Cultural globalization Answer - awareness of international
community
Disadvantages of Cultural globalization Answer - loss of uniqueness of a
country's culture
What is international business? Answer - any situation where the production
or distribution of goods or services crosses country borders
What are opportunities for international business? Answer - New and large
international markets offers possible more revenues, lower costs, and access to
advanced technology
What are challenges for international business? Answer - Ethical business
practice concerns, organizational structure (create new division), public
relations (build customer loyalty), leaderships, and legal and regulatory
structure
What are the 5 stages of going global? Answer - 1. Market entry
2. product specialization
3. value chain disaggregation
4. value chain reengineering
5. creation of new markets
Market Entry Answer - Companies enter new countries using business models
similar to the ones deployed in their home markets
Product specialization 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
, Value chain disaggregation Answer - Companies disaggregate the production
process and focus on completing each activity in the most advantageous
location
Value chain reengineering 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
Creation of new markets Answer - creates new demand due to the reduction
of ticket price
What are the 4 drivers of Globalization? Answer - 1. Market
2. Cost
3. Competition
4. Government
Market Answer - Opportunity for scale and convergence of needs (foreign
consumers have the same demand as domestic consumer, no need to redesign)
Cost 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
Competition Answer - New markets & increased levels of trade
