WGU D080 with the latest question with
rationale answers
Geocentric - ANS A company would like to use a human resource approach that leads to
more fluid movement among employees and creates diversity in the workforce. Assignment
decisions are made jointly by the headquarters and the field offices.
Which human resource approach should be used by this company?
Globalization - ANS Worldwide interconnections in virtually every sphere of activity
including the spread of products, technology, information, and job opportunities. Globalization
can result in blurred boundaries between nations, organizations, and investors
trade - ANS The action of buying and selling goods and services
capital - ANS Financial assets such as funds but also equipment, facilities, and other
means of production
outsource - ANS To obtain goods or services from an outside or foreign supplier
nongovernmental organizations (NGOs) - ANS Not for profit organizations that are
independent of the government and are active in humanitarian causes
Economic - ANS Which type of globalization refers to the international movement of goods,
capital, and services?
patents - ANS Protects inventions and improvements to existing inventions for a limited
period of time in exchange for detailed public disclosure of those inventions
copyrights - ANS A government authority or license giving the owner of an invention the
right to exclude others from making or selling the invention for a set period of time
trademarks - ANS Protection for any word, name, symbol, device, or any combination used
in commerce to identify and distinguish the goods of one manufacturer or seller from goods
manufactured or sold by others
assets - ANS A useful or valuable thing; something you own such as building, inventory, or
cash
liabilities - ANS Being responsible for a debt or financial obligation, something you owe
financial instrument - ANS A monetary contract between parties
,multinational firms - ANS A large corporation incorporated in one country which produces or
sells goods or services in various countries
Stage 1 ~ Market Entry
Stage 2 ~ Product Specialization
Stage 3 ~ Value Chain Disaggregation
Stage 4 ~ Value Chain Reengineering
Stage 5 ~ Creation of New Markets - ANS 5 stages of going global
Economies of scale - ANS A proportionate savings in costs gained by an increased level of
production
Economies of scope - ANS To develop efficiencies in terms of variety not volume
Cost - ANS A CEO seeks to better use the economies of scale and scope of production to
increase the international company's profits.
Which type of globalization driver is the CEO seeking to use?
Infrastructure - ANS A CEO is discussing an expansion of production of a company's highly
perishable dairy line in a country that can offer low labor costs and good internet connections.
The country has no highways, and roads are poorly maintained.
Which challenge to international business expansion do the road conditions present?
Six Sigma - ANS A method that provides tools for organizations to increase performance
and decrease process variation
Economics - ANS Which factor of CAGE addresses differences in country size that affect
barriers to globalization?
Gini coefficient - ANS Measures the inequality among values of a frequency distribution
such as levels of income
Happy Planet Index - ANS Measures how well nations are doing at achieving long, happy,
sustainable lives
Increases the wealth of the rich and not the poor - ANS Which argument is used by critics
who wish to discourage movement towards globalization?
gross domestic product (GDP) - ANS The total value of goods and services provided in a
country in a one-year period
gross national product (GNP) - ANS The total value of goods and services provided by a
country, both inside and outside of its borders, in a one-year period
, Market - ANS Which type of economy is decentralized and allows firms and households to
participate in global trade with minimum governmental interference?
Civil - ANS Which type of legal system is based on a code and focuses on how the law is
applied to the facts?
Common - ANS Which law is based on tradition and precedent given that judicial rulings
can stand as precedents for future cases?
Customary - ANS Which legal system can vary from community to community and is found
in countries without strong formal justice systems?
Common - ANS In which legal system does a judge decide the applicable law for the case
as a jury determines the facts?
Common law - ANS Based on precedence. Any activity that is not clearly illegal may be
acceptable. The role of the judge is to hear arguments from both parties and make a judgment.
This judgment stands as precedent for future cases.
Religious law - ANS based on religious beliefs. One example is a requirement in Sharia that
people following Sharia may not borrow money. To compensate for the inability to take on debt,
an asset-based system has been established.
balance of payments - ANS The difference in total value between payments into and out of
the country over a period of time
fixed-rate currency exchange system - ANS When a country's currency value is fixed or
pegged by a monetary authority against the value of another currency, a basket of currencies, or
another measure of value
World Bank - ANS ~ Encourages developing countries to borrow for development projects
~ Developmental institution
~ Financed reconstruction after wars in the 1940s. It is now focused on supporting developing
countries
~ Large: 40 offices, over 10,000 staff
~ Investment bank owned by the governments of the 180 member nations
~ Borrows and loans
rationale answers
Geocentric - ANS A company would like to use a human resource approach that leads to
more fluid movement among employees and creates diversity in the workforce. Assignment
decisions are made jointly by the headquarters and the field offices.
Which human resource approach should be used by this company?
Globalization - ANS Worldwide interconnections in virtually every sphere of activity
including the spread of products, technology, information, and job opportunities. Globalization
can result in blurred boundaries between nations, organizations, and investors
trade - ANS The action of buying and selling goods and services
capital - ANS Financial assets such as funds but also equipment, facilities, and other
means of production
outsource - ANS To obtain goods or services from an outside or foreign supplier
nongovernmental organizations (NGOs) - ANS Not for profit organizations that are
independent of the government and are active in humanitarian causes
Economic - ANS Which type of globalization refers to the international movement of goods,
capital, and services?
patents - ANS Protects inventions and improvements to existing inventions for a limited
period of time in exchange for detailed public disclosure of those inventions
copyrights - ANS A government authority or license giving the owner of an invention the
right to exclude others from making or selling the invention for a set period of time
trademarks - ANS Protection for any word, name, symbol, device, or any combination used
in commerce to identify and distinguish the goods of one manufacturer or seller from goods
manufactured or sold by others
assets - ANS A useful or valuable thing; something you own such as building, inventory, or
cash
liabilities - ANS Being responsible for a debt or financial obligation, something you owe
financial instrument - ANS A monetary contract between parties
,multinational firms - ANS A large corporation incorporated in one country which produces or
sells goods or services in various countries
Stage 1 ~ Market Entry
Stage 2 ~ Product Specialization
Stage 3 ~ Value Chain Disaggregation
Stage 4 ~ Value Chain Reengineering
Stage 5 ~ Creation of New Markets - ANS 5 stages of going global
Economies of scale - ANS A proportionate savings in costs gained by an increased level of
production
Economies of scope - ANS To develop efficiencies in terms of variety not volume
Cost - ANS A CEO seeks to better use the economies of scale and scope of production to
increase the international company's profits.
Which type of globalization driver is the CEO seeking to use?
Infrastructure - ANS A CEO is discussing an expansion of production of a company's highly
perishable dairy line in a country that can offer low labor costs and good internet connections.
The country has no highways, and roads are poorly maintained.
Which challenge to international business expansion do the road conditions present?
Six Sigma - ANS A method that provides tools for organizations to increase performance
and decrease process variation
Economics - ANS Which factor of CAGE addresses differences in country size that affect
barriers to globalization?
Gini coefficient - ANS Measures the inequality among values of a frequency distribution
such as levels of income
Happy Planet Index - ANS Measures how well nations are doing at achieving long, happy,
sustainable lives
Increases the wealth of the rich and not the poor - ANS Which argument is used by critics
who wish to discourage movement towards globalization?
gross domestic product (GDP) - ANS The total value of goods and services provided in a
country in a one-year period
gross national product (GNP) - ANS The total value of goods and services provided by a
country, both inside and outside of its borders, in a one-year period
, Market - ANS Which type of economy is decentralized and allows firms and households to
participate in global trade with minimum governmental interference?
Civil - ANS Which type of legal system is based on a code and focuses on how the law is
applied to the facts?
Common - ANS Which law is based on tradition and precedent given that judicial rulings
can stand as precedents for future cases?
Customary - ANS Which legal system can vary from community to community and is found
in countries without strong formal justice systems?
Common - ANS In which legal system does a judge decide the applicable law for the case
as a jury determines the facts?
Common law - ANS Based on precedence. Any activity that is not clearly illegal may be
acceptable. The role of the judge is to hear arguments from both parties and make a judgment.
This judgment stands as precedent for future cases.
Religious law - ANS based on religious beliefs. One example is a requirement in Sharia that
people following Sharia may not borrow money. To compensate for the inability to take on debt,
an asset-based system has been established.
balance of payments - ANS The difference in total value between payments into and out of
the country over a period of time
fixed-rate currency exchange system - ANS When a country's currency value is fixed or
pegged by a monetary authority against the value of another currency, a basket of currencies, or
another measure of value
World Bank - ANS ~ Encourages developing countries to borrow for development projects
~ Developmental institution
~ Financed reconstruction after wars in the 1940s. It is now focused on supporting developing
countries
~ Large: 40 offices, over 10,000 staff
~ Investment bank owned by the governments of the 180 member nations
~ Borrows and loans
