Red ocean strategy - Study guides, Class notes & Summaries
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WGU C211 Global Economics for Managers questions and answers verified for accuracy(100% pass)
- Exam (elaborations) • 78 pages • 2023
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Absolute Advantage 
The economic advantage one nation enjoys that is absolutely superior to other nations. 
 
 
Accounting Profit 
Total revenue minus total explicit cost 
 
 
Acquisition 
a wholly owned subsidiary is created through direct foreign investment. 
 
 
Administrative Policy 
Bureaucratic rules that make it harder to import foreign goods. 
 
 
Agglomeration 
Clustering of economic activities in certain locations. Beyond geographic advantages, location-specific advantages also arise f...
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C211 - Global Economics for Managers Final Exam - All Reading for 2023/2024
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Base of the pyramid (BOP) - correct answer - Economies where people make less than $2,000 per capita per year. 
 
BRICA - correct answer - Brazil, Russia, India, and China. 
 
Emerging economies - correct answer - term that has gradually replaced the term "developing countries" since the 1990s. 
 
Emerging markets - correct answer - A term that is often used interchangeably with "emerging economies." 
 
Expatriate manager - correct answer - A manager who works abroad, or "expat" for short....
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WGU C211 - Global Economics for Managers Final Exam - All Reading (Answered Fall 2022)
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WGU C211 - Global Economics for Managers Final Exam - All Reading (Answered Fall 2022) 
 
Base of the pyramid (BOP) 
Economies where people make less than $2,000 per capita per year. 
BRICA 
Brazil, Russia, India, and China. 
Emerging economies 
term that has gradually replaced the term "developing countries" since the 1990s. 
Emerging markets 
A term that is often used interchangeably with "emerging economies." 
Expatriate manager 
A manager who works abroad, or "expat" for short. 
Foreig...
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WGU C211 Global Economics Chapter 14 with 100% correct answers.
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A perfectly competitive firm 
 
chooses its price to maximize profits. 
sets its price to undercut other firms selling similar products. 
takes its price as given by market conditions. 
picks the price that yields the largest market share. 
takes its price as given by market conditions. 
 
 
 
A competitive firm maximizes profit by choosing the quantity at which 
 
average total cost is at its minimum. 
marginal cost equals the price. 
average total cost equals the price. 
marginal cost equals a...
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C211 - Global Economics for Managers Final Exam - All Reading for 2023/2024
- Exam (elaborations) • 59 pages • 2023
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C211 - Global Economics for Managers 
 
Base of the pyramid (BOP) - correct answer - Economies where people make less than $2,000 per capita per year. 
 
BRICA - correct answer - Brazil, Russia, India, and China. 
 
Emerging economies - correct answer - term that has gradually replaced the term "developing countries" since the 1990s. 
 
Emerging markets - correct answer - A term that is often used interchangeably with "emerging economies." 
 
Expatriate manager - correct answer - A manager w...
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WGU C211 - Global Economics for Managers Final Exam - All Reading (Answered Fall 2022)
- Exam (elaborations) • 34 pages • 2024
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WGU C211 - Global Economics for Managers Final Exam - All Reading (Answered Fall 2022) 
 
Base of the pyramid (BOP) 
Economies where people make less than $2,000 per capita per year. 
BRICA 
Brazil, Russia, India, and China. 
Emerging economies 
term that has gradually replaced the term "developing countries" since the 1990s. 
Emerging markets 
A term that is often used interchangeably with "emerging economies." 
Expatriate manager 
A manager who works abroad, or "expat" for short. 
Foreig...
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ILTS 305 (ELEMENTARY EDUCATION 1-6) QUESTIONS WITH CORRECT ANSWERS LATEST 2024-2025 | GRADED
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ILTS 305 (ELEMENTARY EDUCATION 1-6) QUESTIONS WITH CORRECT ANSWERS LATEST | GRADED. What is the Suzuki method? - ANSWER- The Suzuki method empathizes memorization 
and repeatedly playing the same music. It is based in the theory that kids learn to speak 
before they can read. 
What tool is most appropriate for a 4th grade music teacher to assess students playing 
ability? - ANSWER- Providing students with self assessment scoring rubric. 
What factors should a 4th grade teacher take into account...
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Business Strategy - Chapter 8 (CIE 9609)
- Summary • 17 pages • 2023
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This summary contains all the information from Chapter 8 that CIE could ask students about business strategies, such as: 
Business Strategies 
Strategic Management 
Strategic Choice 
Strategic Implementation 
Approaches to developing business strategies 
(Blue/Red Ocean, Scenario Planning, SWOT, PEST, Porter’s Five Forces Analysis, Core Competencies, Ansoff Matrix, Force-field analysis, Decision Trees) 
The summary also contains the definitions for clarity. 
PRO TIP: Always add definition...
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Nation Branding
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Branding - Answer-a management tool, which businesses use to manage their network of connections in the internal and external organizational environments. It is a complex, structured process that not only manipulates the characteristics of a business's image, but also is essential to its process of strategic planning. 
 
6 parameters for nation branding preference - Answer-(1) a country's attractiveness as a tourist destination; (2) the perceived quality of its industrial exports; (3) the imag...
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CSET Subtest 2 Q/A Graded A+!!!
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CSET Subtest 2 Q/A Graded A+!!! 
CSET Subtest 2 Q/A 
 
 
 
 
 
Water cycle What does X represent? - ANS Condensation 
 
Rain drop and gravity-which direction will it fall? - ANS SLIGHT RIGHT 
 
Why does the ocean not freeze as fast as a lake? - ANS (Salt water freezes at a lower level temperature) The answer also has ice crystals in it. 
 
What would happen if a plant was watered with ocean or salt water? - ANS If a plant is watered with salt water it will wi...
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