MGT 302 Exam Questions and Answers
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Decoupling - a fundamental global shift in which industrialized countrydependent developing economies begin to grow based on their own
underlying economic strengths rather than the ups and downs of the
world's richest countries
Institut...
Digital Divide - ✔✔the perceived economic gap between countries or
people with easy access to digital and information technology (and its
benefits) and those with very limited access, or none at all
transparency - ✔✔a system of full disclosure and openness that aims to
avoid any semblance of corruption and cronyism
Adaptive institutions - ✔✔government organizations that create strong
incentives for private investment and operate under a system of checks
and balances
Bandwidth - ✔✔the amount of data and other information that can be
transferred in a second via the Internet
Sustainable Development - ✔✔economic development that meets the
needs of the present generation without compromising the ability of future
generations to meet their own needs, whether environmentally, socially, or
economically
Liberalization of the trading system - ✔✔lowering and/or removing trade
barriers such as tariffs, quotas, and subsidies
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