Cognitive pillar - Study guides, Class notes & Summaries
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C211 WGU Pre-Assessment, C211 Study Guide, 1. WGU C211 Globalization (peng 1,5,6,11), C211 International Trade and Foreign Exchange Markets, WGU c211 Political and Economic Forces with 100% correct answers(verified for accuracy)
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Which view claims that the phenomenon of globalization was initially driven by the desire of western economies to exploit their power through multinational enterprises? 
the new-force view 
 
 
 
Economic gains come from international trade because one country's exported goods, services, or other items are unique, valuable, and difficult to duplicate to the importing countries? 
Which view does this statement portray? 
Resource-based view 
 
 
 
What is the aggregation of importing and exportin...
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WGU C211 Global Economics 2023/2024 Set- Exam Questions And Answers 100% Verified
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Base of the pyramid (BOP) Correct ans - Economies where people make less than $2,000 per capita per year. 
 
BRIC Correct ans - Brazil, Russia, India, and China. 
 
Emerging economies Correct ans - A term that has gradually replaced the term "developing countries" since the 1990s. 
 
Emerging markets Correct ans - A term that is often used interchangeably with "emerging economies." 
 
Expatriate manager Correct ans - A manager who works ...
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WGU C211 Global Economics for Managers Final Exam (2024) || With 100% Correct Solutions
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WGU C211 Global Economics for Managers Final Exam (2024) || With 100% Correct Solutions 
WGU C211 Global Economics for Managers Final Exam (2024) || With 100% Correct Solutions 
 
Views on Globalization - ANSWER - New, Evolutionary, and Pendulum 
 
"New" view on globalization - ANSWER - A force sweeping through the world in recent times. 
 
"Evolutionary" view on globalization - ANSWER - A long-run historical evolution since the dawn of human history 
 
"Pendulum" view on globalization - A...
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GLOBAL ECOMICS WGU C211 - Competency 2 exam questions and answers
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WGU C211 - Competency 2 exam questions and answers 
 
Regulatory pillar - answer The coercive power of governments (laws, regs, rules) 
 
Normative pillar - answer Values, beliefs, and actions of other relevant players (norms, cultures, ethics) 
 
Cognitive pillar - answer The internalized, taken-for-granted values and beliefs that guide behavior. (beliefs between right/wrong) 
 
Formal institution - answer One that include laws, regulations and rules 
 
Informal institution - answer One that in...
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MNB3701 Assignment 1 (QUIZ) Semester 2 2024
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MNB3701 Assignment 1 (QUIZ COMPLETE ANSWERS) Semester 2 2024 ;100 % TRUSTED workings, Expert Solved, Explanations and Solutions. For assistance call or W.h.a.t.s.a.p.p us on ...(.+.2.5.4.7.7.9.5.4.0.1.3.2)........... 
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QUIZ 
A corporate language refers to ________. 
a. foreign language used informally by tourists 
b. language people use for informal chats with the colleagues 
c. native language in the MNEs...
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WGU C211 EXAM STUDY GUIDE QUESTIONS FULLY SOLVED WITH ALL ANSWERS VERIFIED FOR ACCURACY
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Deadweight Cost 
Net losses that occurs in an economy as a result of tariffs 
 
 
 
Purchasing Power Parity (PPP) 
A conversion that determines the equivalent amount of goods and services different currencies can purchase. An adjustment to reflect the differences in the cost of living in various countries 
 
 
 
Triad 
North America, Western Europe, and Japan 
 
 
 
Resource Based View 
An organization's resources and capabilities, NOT external conditions, should be the basis for strategic deci...
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WGU C211 - Global Economics for Managers, Brian Final exam questions and answers(verified for accuracy)
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3 views on globalization 
Globalization is when you do business internationally 
 
New, Evolutionary, and Pendulum 
 
 
"New" view on globalization 
A force sweeping through the world in recent times. 
 
Which view claims that the phenomenon of globalization was initially driven by the desire of Western economies to exploit their power through multinational enterprises? 
 
 
"Evolutionary" view on globalization 
A long-run historical evolution since the dawn of human history 
 
 
"Pendulum...
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C211 OA TEST QUESTIONS WITH VERIFIED CORRECT ANSWERS
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view that claims phenomenon of globalization was initially driven by the desire of Western economies to exploit their power through MNE's 
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 
evolutionary 
 
 
 
view that claims globalization is swinging from one extreme to another from time to time 
pendulum 
 
 
 
investment in, controlling, and managing value-added activities in other co...
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WGU C200 Global Economics Chapter 2 | 70 Questions with 100% Correct Answers | Verified | Latest Update
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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 guide behavior 
The key role of institutions is to: 
a. reduce uncertainty. 
b. expand the range of acceptable...
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WGU C211 Global Economics Terms Questions and Answers 100% Correct
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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...
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