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Pre-Assessment Managing in a Global Business Environment (QHC1) fully solved
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Pre-Assessment Managing in a Global Business Environment (QHC1) fully solved
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Pre-Assessment: Managing in aGlobal Business Environment
(QHC1) 2025-2026 fully solved &
updated(graded A+)
Which negative outcome on political systems comes from
globalization? - answer Creation of isolationist policies
Which factor results in a higher rate of globalization? - answer
Reduced trade barriers
What are the four factors in Ghemawat's CAGE analysis? - answer
Culture, administration, geography, economy
What is a major drawback to the home country when companies
outsource manufacturing jobs to countries with lower worker
wages? - answer Loss of manufacturing jobs
A country has a characteristic traditional economic system with poor
infrastructure and limited economic opportunity. What is the impact
of this system on the process of globalization? - answer The
globalization process is at a disadvantage as the country has a
lower standard of living.
What is a characteristic of a market economy? - answer Firms seek
to maximize profits.
Which impact does Islamic law directly have on businesses? -
answer It forbids charging interest.
, Which institution helps to maintain availability of global financing to
solve trade deficit issues? - answer International Monetary Fund
What is the current focus of the World Bank? - answer Improving
quality of life.
For which concern has the World Trade Organization been criticized?
- answer Influence of free trade policies on labor rights
How is the Special Drawing Right of the International Monetary
Fund (IMF) valued? - answer It is based on the value of the five
most significant members' currencies.
Two countries agree to open their borders to international business
transaction with one another without tariffs. How does this affect
global business? - answer It leads to developing free trade policies
with strategic partners.
A country uses its established technology infrastructure to produce
a good. What is the impact of this infrastructure on trade? - answer
It will create barriers to entry for other nations.
What was the economic impact of the North American Free Trade
Agreement (NAFTA)? - answer The shift of jobs away from low
comparative advantage industries
A company that is located in Country A would like to sell products in
Country B. The government of Country B is pushing for a tariff-
based international trade agreement on the product. What is the
reasoning behind Country B's decision? - answer Country B seeks
to protect its economy and give it the opportunity for long-term
expansion
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