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WGU D270 Business Mid Term Exam Questions and Answers Western Governors University.
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WGU D270 Business Mid Term Exam Questions and Answers Western Governors University.
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WGU D270 Business Mid Term ExamQuestions and Answers Western
Governors University.
When Disneyland opened a park in Tokyo, Disney did not own the park,
but made an agreement with a real estate company in Japan who would
own it. The Japanese company built the park, manages the park and
gives Disney a percentage (or royalty) of the admission prices that
consumers pay to enter Disneyland Tokyo. Which mode (or method) of
Entry is Disney using in Japan?
a. Exporting
b. Equity Investment
c. Foreign Direct Investment
d. Joint Venture
e. Licensing
Verified Answer -e. Licensing
Modern legal systems have these components:
a. Constitutional Law, Criminal Law, civil law
b. Constitutional law, criminal law, civil law, commercial law
c. Constitutional law, criminal law, commercial law
d. Constitutional law, criminal law, common law, commercial law
e. Constitutional law, criminal law, common law
Verified Answer -b. Constitutional law, criminal law, civil law,
commercial law
, You are hired by a small company that makes shoes and your boss tells
you the company is thinking about selling their products in foreign
countries for the first time. He asks you if doing International business is
more complex than domestic business. You say "yes" and he asks you
"why"? You would tell him_______.
a. Most countries have laws that stop products from other countries being
sold in their country
b. The differences in cultures between countries makes it more difficult
to sell products in foreign countries.
c. It is hard because people around the world generally do not like to buy
products made in foreign countries
d. Outsourcing and offshoring by domestic companies create more
competitors in a foreign country
Verified Answer -b. The differences in cultures between countries makes
it more difficult to sell products in foreign countries.
Jerry is the vice president of manufacturing for ford. He had been asked
to open the first manufacturing plant in brazil. He was told that the
country has a 20% content law and asks you what "content law" means.
You tell him...
a. At least 20% of all workers in the ford manufacturing plant must be
Brazilian citizens
b. All ford cars manufactured in Brazil must contain at least 20% parts
made in Brazil
c. At least 20% of all ford car manufactured in Brazil must be sold in
Brazil
d. At least 20% of the ownership of the ford factory must be either
Brazilian citizens or Brazilian company
Verified Answer -b. All ford cars manufactured in Brazil must contain at
least 20% parts made in Brazil
, You are working as a manager for Toyota, a Japanese company. You are
told by your boss that the company is thinking about doing business in a
South American country that has a high degree of collectivism. He asks
you how involved you believe the government is in the business activities
of companies based in that country. What is the correct answer to tell
your boss from the answers below?
a. Collectivist countries practice laissez-faire business and allow foreign
companies to easily enter the country because it helps all their citizens
b. Collectivist countries will usually be very involved in business activities
c. Those types of countries will usually not be very involved in business
activities
d. These countries usually do not permit business from other countries to
enter their country
e. Collectivist countries are the easiest for foriegn business to enter
Verified Answer -b. Collectivist countries will usually be very involved in
business activities
A fundamental thesis holds that productive business activity requires fair,
just and transparent laws that do which of the following?
I.Set and sustain property rights
II.Minimize the costs and complications of resolving disputes
III.Provide additional protections for foreign business
IV.Specify rules that reduce the riskiness of business transactions
V.Organize rules to protect contractual partners against abuse
a. I,II,IV, and V, but not III
b. I,II,III and V, but not IV
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