WGU C211 - Global Economics for Managers 2 Exam (elaborations) WGU C211 Economics Pre-Assessment 2024 3 Exam (elaborations) WGU C211 Global Economics 4 OTHER C211 Global Economics Study Guide 5 Exam (elaborations) C211 Global Economics for Managers

Late mover advantages - answer-Opportunity to free ride on first-mover investments, Resolution of technological and market uncertainty, First mover's difficulty to adapt to market changes.) Foreign market entries types - answer-Non-equity and equity Non-equity - answer-Reflects relatively sma...

Views of globalization (Chp 1.4) - answer-1. It's a new phenomenom, starting in the late 20th century. 2. It's a long term part of human history. 3. Neither recent nor one directional, it's a pendulum that swings back and forth. Strategic goal = Natural resource—seeking - answer-Location s...

What is Foreign Direct Investment? - answer-is direct investment in, control, and management of value-added activities in other countries. What different political views exist on FDI? - answer-Radical, Free Market, and Pragramatic Nationalism What benefits exist to a country receiving FDI? - a...

WGU C211 - Global Economics for Managers - PA Review

WGU C211 Pre-Assessment

The term "emerging economies" has replaced the term _____. - answer-developing countries The gross domestic product plus the income from non-resident sources abroad gives the ____. - answer-gross national product More than 25% of global GDP comes from _____. - answer-BRICS countries Viewi...

Globalization - answer-The close integration of countries and peoples of the world. Purchasing Power Parity (PPP) - answer-A conversion that determines the equivalent amount of goods and services that different currencies can purchase. Scenario Planning - answer-A technique to prepare and plan...

Globalization - answer-Is the close integration of countries and peoples of the world which has been brought about by the enormous reduction of the cost of transportation and communication, and the breaking down of artificial barriers to the flows of goods, services, capital, knowledge, and (to a le...

view that claims phenomenon of globalization was initially driven by the desire of Western economies to exploit their power through MNE's - answer-new view that claims globalization is a long-run historical evolution since the dawn of humanity. Says it is nothing new and that it will always exis...

1. WGU C211 Globalization (peng 1,5,6,11)

Base of the pyramid (BOP) - answer-Economies where people make less than $2,000 per capita per year. BRICA - answer-Brazil, Russia, India, and China. Emerging economies - answer-term that has gradually replaced the term "developing countries" since the 1990s. Emerging markets - answer-A t...

Foreign Direct Investment (FDI) - answer-Investment in, controlling, and managing value-added activities in other countries. Mercantilism/Theory of Mercantilism - answer-A theory that suggests that the wealth of the world is fixed and that a nation that exports more and imports less will be riche...

The resource-based view of global business differs from the institution-based view of global business in that the resource-based view _____. a. advocates adopting a single method for achieving globalization b. supports the ideology of total globalization c. postulates the ideology of localizat...

The 3 Views on Globalization - answer-New, Evolutionary, and Pendulum "New" view on globalization - answer-A force sweeping through the world in recent times. "Evolutionary" view on globalization - answer-A long-run historical evolution since the dawn of human history "Pendulum" view ...