Theocratic government - Study guides, Class notes & Summaries

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...

Oligarchic Government Answer a country that is controlled by a small group of people Democratic Government Answer power is vested in the people & exercised directly by them or agents under a free electoral system Totalitarian Government Answer absolute & centralized control, individual is subordinated to the state, no opposing political & cultural expression Monarchic Government Answer law-making power is given to a single person, usually holding such authority by birthright and not by ...

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 ...

It ended the relationship between England and the colonies, but did not provide for the establishment of a replacement government - ANSWER-Declaration of Independence State governments often restricted voting rights to those who held property, which effectively barred - ANSWER-Women, poor whites, most free blacks, and slaves The Pilgrims and Puritans - ANSWER-Established strong, theocratic systems Thomas Jefferson's famous 1786 Statute of Religious Freedom demanded - ANSWER-Total separ...

Globalization Is the close integration of countries and peoples of the world which has been brought about by the enormous reduction of the cost of transportation and communication, and the breaking down of artificial barriers to the flows of goods, services, capital, knowledge, and (to a lesser extent) people across borders. New view of Globalization A new force sweeping through the world in recent times that it is a new phenomenon beginning in the late 20th century, driven by recent te...

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...

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...

Regulatory pillar The coercive power of governments (laws, regs, rules) Normative pillar Values, beliefs, and actions of other relevant players (norms, cultures, ethics) Cognitive pillar The internalized, taken-for-granted values and beliefs that guide behavior. (beliefs between right/wrong) Formal institution One that include laws, regulations and rules Informal institution One that includes norms, cultures and ethics What core propositions lie at the roo...

Foreign Direct Investment (FDI) Correct Answer Investment in, controlling, and managing value-added activities in other countries. Mercantilism/Theory of Mercantilism Correct 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 Correct Answer Government policy that provides companies a strategic advantage in international trade through subsidies and other supports. Transaction Risk...

WGU C211 Study Guide Questions with 100% Correct Answers Views of globalization (Chp 1.4) - Answer- 1. It's a new phenomenom, starting in the late 20th century. 2. It's a long term part of human history. 3. Neither recent nor one directional, it's a pendulum that swings back and forth. Strategic goal = Natural resource—seeking - Answer- Location specific advantage = Possession of natural resources and related transport and communication infrastructure Strategic goal = Market-seeking...