Benefits of globalization Study guides, Class notes & Summaries

WGU C211 Global Economics for Managers Final Exam | Questions and Verified Answers| 100% Correct (Latest 2023/ 2024) Grade A view that claims phenomenon of globalization was initially driven by the desire of Western economies to exploit their power through MNE's - ANSWER new view that claims globalization is a long-run historical evolution since the dawn of humanity. Says it is nothing new and that it will always exist - ANS...

WGU C211 Global Economics for Managers Final Exam | Questions and Verified Answers| 100% Correct (Latest 2023/ 2024) Grade A What is Foreign Direct Investment? - ANSWER is direct investment in, control, and management of value-added activities in other countries. What different political views exist on FDI? - ANSWER Radical, Free Market, and Pragramatic Natio...

Which political view of foreign direct investment (FDI) is most widely used by governments in the current international business environment? - Correct answerProtectionism Which factors predict the degree of rivalry between a pair of competitors? 2 choices - Correct answer-Market commonality and Cost structure Which factors predicts how local firms in emerging economics will respond to multinational competitors? Competitive assets and industry pressures to globalize - Correct answer-Market...

WGU D080 Managing in a Global Business Environment 2023/2024 with complete solution Questions What is globalization? The key element of globalization is interdependence and interconnectedness among companies and countries around the globe. Globalism is characterized by an increasing number of worldwide connections, rapid and discontinuous change, an increasing number of diverse participants, and growing complexity. What are the economic, political, and cultural effects of globalization? ...

WGU D080 - Unit 2 Globalization 1.) International integration arising from the exchange of world views, products, ideas, and other aspects of culture. 2.) Removes barriers and promotes collaboration and interdependence of countries. The opportunities brought to businesses by globalization. 1.) Allows corporations to outsource manufacturing and service jobs. 2.) Jobs are moved from high-cost to low-cost locations. 3.) Allows companies to pay workers lower salaries and provide few...

GMS 522 Midterm Questions with Verified Solutions Global Marketing the systematic planning, coordination and implementation of the firm's marketing activities across national borders International Marketing extending the firm's domestic marketing strategies to international markets, ignoring the differences between foreign and domestic consumers Multi-domestic Marketing developing individual marketing strategies for each country in which the company does business Glocal Marke...

Explain the New, Evolutionary, and Pendulum views of Globalization. How do these differ from one another? - New globalization is a new force sweeping through the world in recent times. Pendulum globalization is a pendulum that swings from one extreme to the the other from time to time. Evolutionary globalization is a long historical evolution since the dawn of human history. What is Foreign Direct Investment? - Investment in controlling and managing value-added activities in other countries. Wha...

Sure Start is starting a new division for rechargeable batteries in different parts of the world. What was the globalization driver of this decision? - ANSWER-Competition drivers are about entering new markets to beat competitors. Sure Start has identified a market that does not have a lot of competition since it is a fairly new market. Which type of globalization is represented by Sure Start expanding into South America, Europe, and Asia? - ANSWER-Economic globalization is the globalization...

WGU C211 Global Economics for Managers Final Exam | Questions and Verified Answers| 100% Correct (Latest 2023/ 2024) Grade A view that claims phenomenon of globalization was initially driven by the desire of Western economies to exploit their power through MNE's - ANSWER new view that claims globalization is a long-run historical evolution since the dawn of humanity. Says it is nothing new and that it will always exist - ANS...