C211 global economics for - Study guides, Class notes & Summaries

WGU C211 Global Economics for Managers Test Bank |300+ Questions and Verified Answers| 100% Correct (Latest 2023/ 2024) Q: Economic profit is distinct from accounting profit because: Answer: Economic profit incorporates both explicit and implicit costs. Q: Total costs include: Answer: Variable costs plus fixed costs. Q: Marginal costs consider: Answer: The increase in total cost arising from an extra unit of production. Q: What response...

C211 Global Economics for Managers Exam Questions and Answers 100% Pass Base of the pyramid (BOP) - Answer- Economies where people make less than $2,000 per capita per year. BRICA - Answer- Brazil, Russia, India, and China. Emerging economies - Answer- term that has gradually replaced the term "developing countries" since the 1990s. Emerging markets - Answer- A term that is often used interchangeably with "emerging economies." Expatriate manager - Answer- A manager who works abroad,...

C211 Global Economics for Managers Exam Questions and Answers 100% Pass Base of the pyramid (BOP) - Answer- Economies where people make less than $2,000 per capita per year. BRICA - Answer- Brazil, Russia, India, and China. Emerging economies - Answer- term that has gradually replaced the term "developing countries" since the 1990s. Emerging markets - Answer- A term that is often used interchangeably with "emerging economies." Expatriate manager - Answer- A manager who works abroad,...

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 2024/ACTUAL EXAM WITH CORRECT DETAILED ANSWERS WITH RATIONALES/A+ GRADE 3 views on globalization - CORRECT ANSWER-Globalization is when you do business internationally New, Evolutionary, and Pendulum "New" view on globalization - CORRECT ANSWER-A force sweeping through the world in recent times.

1. Views on Globalization ANS New, Evolutionary, and Pendulum 2. "New" view on globalization ANS A force sweeping through the world in recent times. 3. "Evolutionary" view on globalization ANS A long-run historical evolution since the dawn of human history 4. "Pendulum" view on globalization ANS One that swings from one extreme to anoth- er from time to time 5. Foreign Direct Investment ANS Direct investment in, control, and management of value-added activities in other countries ...

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...

WGU C211 Global Economics for Managers Quiz Bank |More than 300 Questions and Verified Answers| 100% Correct (Latest 2023/ 2024) QUESTION Monopolistic competition is characterized by: Answer: Ease of market entry and exit. QUESTION An incentive to advertise exists for monopolistically competitive firms because: Answer: The products they sell are differentiated. QUESTION Monopolistic competition is characterized by: Answer: Many firm...

WGU C211 GLOBAL ECONOMICS FOR MANAGERS (WGU) CENGAGE TEXT/ACTUAL EXAM WITH VERIFIED & UPDATED ANSWERS 2024/2025 Globalization - CORRECT ANSWER-The close integration of countries and peoples of the world. Purchasing Power Parity (PPP) - CORRECT ANSWER-A conversion that determines the equivalent amount of goods and services that different currencies can purchase. Scenario Planning - CORRECT ANSWER-A technique to prepare and plan for multiple scenarios (either high or low risk).

WGU C211 Global Economics for Managers