C211 global economics - Study guides, Class notes & Summaries

Chapter 1 ("Globalizing Business") Competency 3012.1.1: Business Decision Making in the Global Environment The graduate analyzes economic forces and operations of global markets in order to improve decision making. Global business refers to business that is conducted around the world. It is important to study global business in order to understand what determines the success and failure of businesses around the globe. Two core perspectives on global business are the institution-based pers...

©THESTAR EXAM SOLUTIONS 2024/2025 ALL RIGHTS RESERVED. 1 | P a g e C211 Global Economics Exam Study Guide. Economic costs - answerExplicit + Implicit Costs Explicit Costs - answerMonetary payments, material costs, wages, interest Implicit costs - answerIncome you would have earned; value of the next best use; depreciation and forgone interest Accounting profit - answerTotal revenue - explicit costs Economic profit - answerTR - economic costs Economic profit - answerTR - opportunity co...

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...

C211 Global Economics Final Exam Latest Study guide 2023/2024 Top Examinable Questions (Guaranteed A+) Views on Globalization New, Evolutionary, and Pendulum "New" view on globalization A force sweeping through the world in recent times. "Evolutionary" view on globalization A long-run historical evolution since the dawn of human history "Pendulum" view on globalization One that swings from one extreme to another from time to time Foreign Direct Investment Direct i...

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...

C211 Global Economics Final Exam Latest Study guide 2023/2024 Top Examinable Questions (Guaranteed A+) Explain the New, Evolutionary, and Pendulum views of Globalization. How do these differ from one another? "New" view on globalization - A force sweeping through the world in recent times. "Evolutionary" view on globalization - A long-run historical evolution since the dawn of human history. "Pendulum" view on globalization - One that swings from one extreme to another from time to...

C211 Global Economics for Managers Second Attempt Competency 4 quiz solution with correct answers Western Governors University

WGU C211 Global Economics for Managers Final Exam Study Guide (100%Correct Elaborations) Updated 2024. Views on Globaliza on - correct answer New, Evolu onary, and Pendulum "New" view on globaliza on - correct answer A force sweeping through the world in recent mes. "Evolu onary" view on globaliza on - correct answer A long-run historical evolu on since the dawn of human history "Pendulum" view on globaliza on - correct answer One that swings from one extreme to another from me to ...

WGU C211 Global Economics Final Exam Questions and Answers 100% Correct ability-to-pay principle the idea that taxes should be levied on a person according to how well that person can shoulder the burden absolute advantage The economic advantage one nation enjoys that is absolutely superior to other nations. absorptive capacity The ability to recognize the value of new information, assimilate it, and apply it. accommodative strategy A strategy characterized by some support from top managers, ...