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WGU D080 Newest Exam 2026 with precise detailed solutions

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WGU D080 Newest Exam 2026 with precise detailed solutions

Institution
WGU D080
Course
WGU D080

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WGU D080 Newest Exam 2026 with precise detailed
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solutions


What is globalization? - ✔✔When international integration arises from the interchange of
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world views, products, ideas, and other aspects of cultures.
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different types of Globalization - ✔✔1. Economic
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2. Political
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3. Cultural
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Advantages of Economic globalization - ✔✔more trade, investments, information
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technology, faster economic development, and increased social being
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Disadvantages of Economic globalization - ✔✔benefits the rich at the expense of the poor,
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manufacturing job loss in developed countries, environmental damage, and unethical
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practices of labor || ||




Advantages of Political globalization - ✔✔more cooperation amount countries, formation of
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international or regional organizations, NGOs
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Disadvantages of Political globalization - ✔✔reduce the importance of nation-states, loss of
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sovereignty and power of local government|| || || || ||




Advantages of Cultural globalization - ✔✔awareness of international community
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Disadvantages of Cultural globalization - ✔✔loss of uniqueness of a country's culture
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,2


What is international business? - ✔✔any situation where the production or distribution of
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goods or services crosses country borders
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What are opportunities for international business? - ✔✔New and large international
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markets offers possible more revenues, lower costs, and access to advanced technology
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What are challenges for international business? - ✔✔Ethical business practice concerns,
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organizational structure (create new division), public relations (build customer loyalty),
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leaderships, and legal and regulatory structure || || || || ||




What are the 5 stages of going global? - ✔✔1. Market entry
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2. product specialization
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3. value chain disaggregation
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4. value chain reengineering
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5. creation of new markets
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Market Entry - ✔✔Companies enter new countries using business models similar to the
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ones deployed in their home markets
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Product specialization - ✔✔Companies transfer the full production process of a particular
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product line to a single, low-cost location and export the goods to various consumer markets
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Value chain disaggregation - ✔✔Companies disaggregate the production process and focus
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on completing each activity in the most advantageous location
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Value chain reengineering - ✔✔Companies seek to further increase their cost savings by
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reengineering their processes to suit local market conditions by substituting lower cost labor
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for capital
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, 2




Creation of new markets - ✔✔creates new demand due to the reduction of ticket price
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What are the 4 drivers of Globalization? - ✔✔1. Market
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2. Cost
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3. Competition
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4. Government
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Market - ✔✔Opportunity for scale and convergence of needs (foreign consumers have the
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same demand as domestic consumer, no need to redesign)
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Cost - ✔✔- Economies of scale & scope: use same production facility for multiple
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procedures. ||




- Exploiting cost of factors of production: labor cost reductions, natural resources cost
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reduction



Competition - ✔✔New markets & increased levels of trade || || || || || || || ||




Government - ✔✔Favorable policies, support for the industry ((can use tax bracket to
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attract FDI and subsidies (free money) can help domestic business reduce cost and charge
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lower price)) ||




What did Thomas Friedman propose? - ✔✔The world is flat view - the use of technology
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and internet has made it easier for businesses to conduct global operation
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What did Ghemawat propose? - ✔✔The world is a multi-domestic world
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WGU D080

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