Cognitive pillar - Study guides, Class notes & Summaries

WGU C211 Chapter 1 questions and answersGlobalization The process by which businesses or other organizations develop international influence or start operating on an international scale Import quota A limit on the number of products in certain categories that a nation can import Emerging economy Nations with social or business activity in the process of rapid growth and industrialization Global economic pyramid Pyramid that consists of all of the world's economies, comp...

C211 WGU Exam Questions and Answers 100% Pass Globalization - Answer- The close integration of countries and peoples of the world Purchasing power parity (PPP) - Answer- A conversion that determines the equivalent amount of goods and services that different currencies can purchase Scenario planning - Answer- A technique to prepare and plan for multiple scenarios (either high or low risk) Risk management - Answer- The identification and assessment of risks and the preparation to minimize t...

WGU; C200; Global Economics; Chapter 2. Exam Questions and answers, 100% Accurate. VERIFIED. Formal institutions include all of the following EXCEPT: a. Cultures b. Regulations c. Rules d. Laws - -Cultures What is a cognitive pillar? a. The manager's way of looking at employees b. The way people behave in an organization c. The way the organization views their culture d. The internalized values and beliefs that guide behavior - -The internalized values and beliefs that gui...

WGU C211 - Competency 2 Exam Questions With 100% Verified Answers Regulatory pillar - answerThe coercive power of governments (laws, regs, rules) Normative pillar - answerValues, beliefs, and actions of other relevant players (norms, cultures, ethics) Cognitive pillar - answerThe internalized, taken-for-granted values and beliefs that guide behavior. (beliefs between right/wrong) Formal institution - answerOne that include laws, regulations and rules Informal institution - answerOne that...

view that claims phenomenon of globalization was initially driven by the desire of Western economies to exploit their power through MNE's - correct 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 - correct answer evolutionary view that claims globalization is swinging from one extreme to another from time to time - correct answer pendulum investment in, controlling, and managin...

WGU C211 Competency 2 Exam Questions and answers with 100% Correct Answers | Latest Update 2024 | Rated A+ Cognitive pillar - the internalized (or taken-for-granted) values and beliefs that guide individual and firm behavior. Formal institutions - Institution represented by laws, regulations, and rules. Informal institutions - include norms, cultures, and ethics. Institutional framework - formal and informal institutions governing individual and firm behavior. Institution-based view - A lea...

WGU C211 Global Economics Terms Questions and Answers 100% Correct Foreign Direct Investment (FDI) - Answer- Investment in, controlling, and managing value-added activities in other countries. Mercantilism/Theory of Mercantilism - Answer- A theory that suggests that the wealth of the world is fixed and that a nation that exports more and imports less will be richer. Strategic Trade Policy - Answer- Government policy that provides companies a strategic advantage in international trade thro...

International Business Test BANK EXAM UPDATE QUESTION AND ANSWERS PASS A+ The Greyon Bank in Australia has an excess balance of euros but is in need of dollars. Similarly, Huran Bank in the US has an excess of dollars and is currently in need of euros. The two banks agree to exchange euros for dollars now and dollars for euros at a later date. This type of foreign exchange transaction is an example of _____. Select one: a. spot transaction b. forward transaction c. currency hedgi...

WGU C211 GLOBAL ECONOMICS FOR MANAGERS ACTUAL EXAM COMPLETE 2023/2024 (VERIFIED ANSWERS) view that claims phenomenon of globalization was initially driven by the desire of Western economies to exploit their power through MNE's - CORRECT 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 - CORRECT ANSWERevolutionary view that claims globalization is swinging from one extreme to ...

WGU C211 Global Economics Terms Questions and Answers 100% Correct Foreign Direct Investment (FDI) - Answer- Investment in, controlling, and managing value-added activities in other countries. Mercantilism/Theory of Mercantilism - Answer- A theory that suggests that the wealth of the world is fixed and that a nation that exports more and imports less will be richer. Strategic Trade Policy - Answer- Government policy that provides companies a strategic advantage in international trade thro...