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WGU C211- GLOBAL ECONOMICS FOR MANAGERS EXAM QUESTIONS WITH CORRECT VERIFIED ANSWERS A+ GRADED $11.49   Add to cart

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WGU C211- GLOBAL ECONOMICS FOR MANAGERS EXAM QUESTIONS WITH CORRECT VERIFIED ANSWERS A+ GRADED

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Views on Globalization - ANS New, Evolutionary, and Pendulum "New" view on globalization - ANS A force sweeping through the world in recent times. "Evolutionary" view on globalization - ANS A long-run historical evolution since the dawn of human history "Pendulum" view on globalizati...

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  • October 24, 2024
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  • 2024/2025
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WGU C211- GLOBAL
ECONOMICS FOR




K
MANAGERS EXAM



C
QUESTIONS WITH
LO
CORRECT VERIFIED
YC
ANSWERS A+ GRADED
D
U
ST

, Views on Globalization - ANS New, Evolutionary, and Pendulum

"New" view on globalization - ANS A force sweeping through the world in recent times.

"Evolutionary" view on globalization - ANS A long-run historical evolution since the
dawn of human history

"Pendulum" view on globalization - ANS One that swings from one extreme to another
from time to time




K
Foreign Direct Investment - ANS Direct investment in, control, and management of
value-added activities in other countries




C
Political views on FDI - ANS Radical View, Free Market View, Pragmatic Nationalism




LO
Benefits to a country receiving FDI - ANS Capital Inflow, Technology Spillover,
Advanced Management Know-How, Job creation

Costs to a country receiving FDI - ANS Loss of Sovereignty, Adverse effects on
competition,
YC
Capital outflow.

How do resources and capabilities influence the competitive dynamics of a business? -
ANS Resource similarity and market commonality can yield a powerful framework for
competitor analysis.
D


Resource similarity - ANS The extent to which a given competitor possesses strategic
U


endowment comparable, in terms of both type and amount, to those of the focal firm.

How does resource similarity impact competitive dynamics? - ANS Firms with a high
ST




degree are likely to have similar competitive actions. (Starbuck's instant coffee &
McDonald's iced coffee)

Classical theories of international trade - ANS Mercantilism, Absolute advantage, and
Comparative advantage

Modern theory view - ANS Dynamic

Classical theory view - ANS Static

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