GLOBAL BUS D080

D080 Managing in a Global Business Environment Study Guide Unit 2 Globalization Module 1: Political, Economic, and Legal Systems 1. What is globalization? a. Globalization is when international integration arises from the interchange of world views, products, ideas, and other aspects of culture. 2. What opportunities to businesses are brought by globalization? Globalism is characterized by an increasing number of worldwide connections, rapid and discontinuous change, an increas...

PRE-ASSESSMENT: MANAGING IN A GLOBAL BUSINESS ENVIRONMENT (HSO1) PHSO Attempt #1 Status: Passed 1. Which negative outcome on political systems comes from globalization? YOUR ANSWER CORRECT ANSWER Increase in the number of laws Increase in the amount of taxes Creation of isolationist policies Creation of translation problems 2. Which factor results in a higher rate of globalization? YOUR ANSWER CORRECT ANSWER Reduced trade barriers L...