D080 GLOBALIZATION MODULE 1 EXAM
QUESTIONS & DETAILED CORRECT ANSWERS
PASSED 100%
1. Globalization International integration arises from the exchange of world views
product ideas and culture. Removing barriers that prevent this from
occurring.
2. Economic International movement of goods, capital, services and technology and
effects of
informa- tion. Could Benefit the rich and make the poor poorer, or cause
Globalization
environmental damage.
the process by which political decisions and actions are becoming
3. Political
increasingly international. Could reduce nations sovereignty. Could benefit
Global-
with protection i.e Nato
ization
worldwide spread of similar norms, values, and practices, Pros: Awareness
4. cultural in communities Cons: Loss of unique cultures
global-
1. Market Entry
ization
2. Product Specialization
5. What are the
5 stages of
enter-
ing a global econ- 3.Value-Chain Disaggregation
om 4. Value chain reengineering
y 5. New Market
6. market entry The first stage of entering a global economy. Companies enter new
countries using business models similar to on ones deployed in the
home market
7. product
special- 8. Value Chain Dis- aggregation
ization
1/
7
, D080 GLOBALIZATION MODULE 1 EXAM
QUESTIONS & DETAILED CORRECT ANSWERS
PASSED 100%
9. Value Chain The second stage of entering a global economy. Company transfers the
Reengineerin
full pro- duction process of a particular product to a single low-cost
g
location and export goods to various consumer markets
Third step in entering a global market. complete each activity in the most
advan- tageous location
The fourth step in entering a global market. Companies seek to further
increase their cost savings by reengineering their processes to suit local
market conditions by substituting lower cost labor for capital
2/
7
QUESTIONS & DETAILED CORRECT ANSWERS
PASSED 100%
1. Globalization International integration arises from the exchange of world views
product ideas and culture. Removing barriers that prevent this from
occurring.
2. Economic International movement of goods, capital, services and technology and
effects of
informa- tion. Could Benefit the rich and make the poor poorer, or cause
Globalization
environmental damage.
the process by which political decisions and actions are becoming
3. Political
increasingly international. Could reduce nations sovereignty. Could benefit
Global-
with protection i.e Nato
ization
worldwide spread of similar norms, values, and practices, Pros: Awareness
4. cultural in communities Cons: Loss of unique cultures
global-
1. Market Entry
ization
2. Product Specialization
5. What are the
5 stages of
enter-
ing a global econ- 3.Value-Chain Disaggregation
om 4. Value chain reengineering
y 5. New Market
6. market entry The first stage of entering a global economy. Companies enter new
countries using business models similar to on ones deployed in the
home market
7. product
special- 8. Value Chain Dis- aggregation
ization
1/
7
, D080 GLOBALIZATION MODULE 1 EXAM
QUESTIONS & DETAILED CORRECT ANSWERS
PASSED 100%
9. Value Chain The second stage of entering a global economy. Company transfers the
Reengineerin
full pro- duction process of a particular product to a single low-cost
g
location and export goods to various consumer markets
Third step in entering a global market. complete each activity in the most
advan- tageous location
The fourth step in entering a global market. Companies seek to further
increase their cost savings by reengineering their processes to suit local
market conditions by substituting lower cost labor for capital
2/
7
