WGU C211 - Global Economics For Managers With Comp
WGU C211 - Global Economics for Managers with comp
Exam (elaborations)
WGU C211 - Global Economics for Managers with complete solution 2022/2023 UPDATE
8 views 0 purchase
Course
WGU C211 - Global Economics for Managers with comp
Institution
WGU C211 - Global Economics For Managers With Comp
WGU C211 - Global Economics for Managers with
complete solution 2022/2023 UPDATE
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 hist...
WGU C211 - Global Economics for Managers with
complete solution 2022/2023 UPDATE
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 on globalization - answer One that swings from one extreme to another from time to
time
Foreign Direct Investment - answer Direct investment in, control, and management of value-added
activities in other countries
Political views on FDI - answer Radical View, Free Market View, Pragmatic Nationalism
Benefits to a country receiving FDI - answer Capital Inflow, Technology Spillover, Advanced
Management Know-How, Job creation
Costs to a country receiving FDI - answer Loss of Sovereignty, Adverse effects on competition,
, Capital outflow.
How do resources and capabilities influence the competitive dynamics of a business? - answer Resource
similarity and market commonality can yield a powerful framework for competitor analysis.
Resource similarity - answer The extent to which a given competitor possesses strategic endowment
comparable, in terms of both type and amount, to those of the focal firm.
How does resource similarity impact competitive dynamics? - answer Firms with a high degree are likely
to have similar competitive actions. (Starbuck's instant coffee & McDonald's iced coffee)
Classical theories of international trade - answer Mercantilism, Absolute advantage, and Comparative
advantage
Modern theory view - answer Dynamic
Classical theory view - answer Static
Absolute advantage - answer The economic advantage one nation enjoys that is superior to other
nations
Comparative advantage - answer The advantage one economic activity nation enjoys in comparison
with other nations (relative, not absolute)
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 richer.
Features of the product life cycle? - answer New, Maturing, and Standardized
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller winniewachira. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $17.99. You're not tied to anything after your purchase.
