WGU C211 Global Economics for Managers

Arizona School Of Real Estate And Business

Here are the best resources to pass WGU C211 Global Economics for Managers. Find WGU C211 Global Economics for Managers study guides, notes, assignments, and much more.

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WGU C211 Global Economics for Managers questions and answers verified for accuracy(100% pass)
  • WGU C211 Global Economics for Managers questions and answers verified for accuracy(100% pass)

  • Exam (elaborations) • 78 pages • 2023
  • 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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WGU C211 - Competency 1 FINAL EXAM QUESTIONS AND ANSWERS
  • WGU C211 - Competency 1 FINAL EXAM QUESTIONS AND ANSWERS

  • Exam (elaborations) • 4 pages • 2023
  • 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 investment in, control, and management of value-added activities in other countries Politi...
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WGU C211 CH 21 QUESTIONS AND ANSWERS
  • WGU C211 CH 21 QUESTIONS AND ANSWERS

  • Exam (elaborations) • 1 pages • 2023
  • The opportunity cost of one good relative to another reflects: The slope of the budget constraint. Assume that an individual's budget decreases and that prices remain constant. What would happen to his/her budget constraint? The budget constraint line would Shift inward in a parallel manner Observing an individual's indifference curve demonstrates his/her Preferences Assume that Bob's income increases following a promotion at work, but prices do not change. What will h...
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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)
  • 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)

  • Exam (elaborations) • 42 pages • 2023
  • 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 for Managers test questions with 100% correct answers.
  • WGU C211 Global Economics for Managers test questions with 100% correct answers.

  • Exam (elaborations) • 27 pages • 2023
  • 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...
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WGU C211 Chapter 1 questions and answers
  • WGU C211 Chapter 1 questions and answers

  • Exam (elaborations) • 3 pages • 2023
  • International Business (IB) A business (or firm) that engages in international (cross-boarder) economic activities. Multinational Enterprise (MNE) A firm that engages in foreign direct investment. Foreign Direct Investment (FDI) When a business participates in investing, controlling, and managing value-added activities in other countries. International Focuses on foreign entrants Business Port Includes domestic businesses Global Business Business around t...
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WGU C211 Global Economics Chapter 14 with 100% correct answers.
  • WGU C211 Global Economics Chapter 14 with 100% correct answers.

  • Exam (elaborations) • 3 pages • 2023
  • 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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WGU C211 - Competency 2 exam questions and answers
  • WGU C211 - Competency 2 exam questions and answers

  • Exam (elaborations) • 3 pages • 2023
  • 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...
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WGU C211 Global Econ Study Guide & Cohort Questions and answers.
  • WGU C211 Global Econ Study Guide & Cohort Questions and answers.

  • Exam (elaborations) • 11 pages • 2023
  • Views of globalization (Chp 1.4) 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. Location specific advantage of Natural resource—seeking Strategic goal - Possession of natural resources and related transport and communication infrastructure Location specific advantage of Market-seeking Strategic goal - Abundance of strong market demand...
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WGU C211 Key Terms and Definitions|GUARANTEED SUCCESS
  • WGU C211 Key Terms and Definitions|GUARANTEED SUCCESS

  • Exam (elaborations) • 21 pages • 2023
  • Base of the Pyramid Economies where people make less that $2,000 per capita per year BRIC Brazil, Russia, India, China Emerging Economies A 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 Foreign Direct Investment Investment in, controlling and managing value-added activities in other count...
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