WGU D080 MANAGING IN A GLOBAL BUSINESS
ENVIRONMENT 200 QUESTIONS AND ANSWERS UPDATED
2026 2027 BUSINESS COURSE FINAL COMPLETE
PRACTICE QUESTIONS AND LATEST UPDATED STUDY
GUIDE GRADED A+ 100 PERCENT VERIFIED GUARANTEED
SUCCESS
Country A exports farming equipment to Country B, while Country B exports
car manufacturing equipment to Country A. Both countries are highly
developed and could develop these industries separately but instead made
the decision to export and import these products from each other.
Which unique condition caused this practice between the two countries? -
CORRECT ANSWER - Skill specialization
A company produces the same product over and over, and it has caused
the manufacturing cost of the product to become cheaper and more
competitive in international markets than similar products in the industry.
Which approach is this company using to achieve this ability? - CORRECT
ANSWER - Economies of scale
A country with a new economy implemented trade protectionism in relation
to countries with more developed economies.
Why did the country take this action? - CORRECT ANSWER - To restrict
international economic trade
How do anti dumping laws protect a domestic market? - CORRECT
ANSWER - They prevent foreign companies from selling goods and services
at or below cost.
,How do Congress and the Department of Agriculture use quotas to their
advantage? - CORRECT ANSWER - To increase domestic prices to specific
levels to make products profitable
Which strategy should a government use to offset the cost of
manufacturing domestically? - CORRECT ANSWER - Subsidies
Which type of globalization refers to the international movement of goods,
capital, and services? - CORRECT ANSWER - Economic
The CEO of an international company reminds the executive vice
presidents that while the company may do good while performing
corporate social responsibilities, the business has one ultimate goal since
it is engaged in commercial activities with corporate shareholders.
Which ultimate goal is the CEO emphasizing to the executive vice
presidents? - CORRECT ANSWER - Profitability
A CEO decides to expand the company's business internationally by
purchasing production capability in another country, including the foreign
country's buildings and equipment.
Which type of market entry is the CEO using? - CORRECT ANSWER - Direct
investment
A CEO seeks to better use the economies of scale and scope of production
to increase the international company's profits.
Which type of globalization driver is the CEO seeking to use? - CORRECT
ANSWER - Cost
A CEO is discussing an expansion of production of a company's highly
perishable dairy line in a country that can offer low labor costs and good
internet connections. The country has no highways, and roads are poorly
maintained.
,Which challenge to international business expansion do the road
conditions present? - CORRECT ANSWER - Infrastructure
Which argument is used by critics who wish to discourage movement
towards globalization? - CORRECT ANSWER - It increases the wealth of
the rich rather than the poor
Anarchism - CORRECT ANSWER - Individuals control political activities,
and the government has no control over these activities
Totalitarianism - CORRECT ANSWER - A centralized government creates
oppressive policies based on ideas from powerful leadership.
Direct democracy - CORRECT ANSWER - The government provides a
method of voting for the people of a country, not for elected officials.
What is a free trade zone? - CORRECT ANSWER - A geographic region in
which a county will reduce restrictions that might prevent or reduce trade
Which term describes a government giving a tax break to a producer to
increase their global competitiveness? - CORRECT ANSWER - Subsidies
Industrialized - CORRECT ANSWER - Prevalent formation of new markets
with possibility of saturation
Less-developed - CORRECT ANSWER - Focus on agriculture and raw
materials with limited imports
Developing country - CORRECT ANSWER - Growing population which
leads to long-term growth potential.
, Which type of economy is decentralized and allows firms and households
to
participate in global trade with minimum governmental interference? -
CORRECT ANSWER - Market
What type of economy is centered on families or tribes where little to no
global trade is practiced? - CORRECT ANSWER - Traditional
Socialism - CORRECT ANSWER - a system in which the government owns
and operates a country's means of production
Capitalism - CORRECT ANSWER - A system in which the means of
production is controlled by private owners who can choose to participate in
global trade.
Communism - CORRECT ANSWER - A system in which all property is
publicly owned and the government controls global trade.
Which type of law system is based on a code and focuses on how the law is
applied to the facts? - CORRECT ANSWER - Civil
Which law is based on tradition and precedent given that judicial rulings
can stand as precedents for future cases? - CORRECT ANSWER -
Common
Which law system can vary from community to community and is found in
countries without strong formal justice systems? - CORRECT ANSWER -
Customary
ENVIRONMENT 200 QUESTIONS AND ANSWERS UPDATED
2026 2027 BUSINESS COURSE FINAL COMPLETE
PRACTICE QUESTIONS AND LATEST UPDATED STUDY
GUIDE GRADED A+ 100 PERCENT VERIFIED GUARANTEED
SUCCESS
Country A exports farming equipment to Country B, while Country B exports
car manufacturing equipment to Country A. Both countries are highly
developed and could develop these industries separately but instead made
the decision to export and import these products from each other.
Which unique condition caused this practice between the two countries? -
CORRECT ANSWER - Skill specialization
A company produces the same product over and over, and it has caused
the manufacturing cost of the product to become cheaper and more
competitive in international markets than similar products in the industry.
Which approach is this company using to achieve this ability? - CORRECT
ANSWER - Economies of scale
A country with a new economy implemented trade protectionism in relation
to countries with more developed economies.
Why did the country take this action? - CORRECT ANSWER - To restrict
international economic trade
How do anti dumping laws protect a domestic market? - CORRECT
ANSWER - They prevent foreign companies from selling goods and services
at or below cost.
,How do Congress and the Department of Agriculture use quotas to their
advantage? - CORRECT ANSWER - To increase domestic prices to specific
levels to make products profitable
Which strategy should a government use to offset the cost of
manufacturing domestically? - CORRECT ANSWER - Subsidies
Which type of globalization refers to the international movement of goods,
capital, and services? - CORRECT ANSWER - Economic
The CEO of an international company reminds the executive vice
presidents that while the company may do good while performing
corporate social responsibilities, the business has one ultimate goal since
it is engaged in commercial activities with corporate shareholders.
Which ultimate goal is the CEO emphasizing to the executive vice
presidents? - CORRECT ANSWER - Profitability
A CEO decides to expand the company's business internationally by
purchasing production capability in another country, including the foreign
country's buildings and equipment.
Which type of market entry is the CEO using? - CORRECT ANSWER - Direct
investment
A CEO seeks to better use the economies of scale and scope of production
to increase the international company's profits.
Which type of globalization driver is the CEO seeking to use? - CORRECT
ANSWER - Cost
A CEO is discussing an expansion of production of a company's highly
perishable dairy line in a country that can offer low labor costs and good
internet connections. The country has no highways, and roads are poorly
maintained.
,Which challenge to international business expansion do the road
conditions present? - CORRECT ANSWER - Infrastructure
Which argument is used by critics who wish to discourage movement
towards globalization? - CORRECT ANSWER - It increases the wealth of
the rich rather than the poor
Anarchism - CORRECT ANSWER - Individuals control political activities,
and the government has no control over these activities
Totalitarianism - CORRECT ANSWER - A centralized government creates
oppressive policies based on ideas from powerful leadership.
Direct democracy - CORRECT ANSWER - The government provides a
method of voting for the people of a country, not for elected officials.
What is a free trade zone? - CORRECT ANSWER - A geographic region in
which a county will reduce restrictions that might prevent or reduce trade
Which term describes a government giving a tax break to a producer to
increase their global competitiveness? - CORRECT ANSWER - Subsidies
Industrialized - CORRECT ANSWER - Prevalent formation of new markets
with possibility of saturation
Less-developed - CORRECT ANSWER - Focus on agriculture and raw
materials with limited imports
Developing country - CORRECT ANSWER - Growing population which
leads to long-term growth potential.
, Which type of economy is decentralized and allows firms and households
to
participate in global trade with minimum governmental interference? -
CORRECT ANSWER - Market
What type of economy is centered on families or tribes where little to no
global trade is practiced? - CORRECT ANSWER - Traditional
Socialism - CORRECT ANSWER - a system in which the government owns
and operates a country's means of production
Capitalism - CORRECT ANSWER - A system in which the means of
production is controlled by private owners who can choose to participate in
global trade.
Communism - CORRECT ANSWER - A system in which all property is
publicly owned and the government controls global trade.
Which type of law system is based on a code and focuses on how the law is
applied to the facts? - CORRECT ANSWER - Civil
Which law is based on tradition and precedent given that judicial rulings
can stand as precedents for future cases? - CORRECT ANSWER -
Common
Which law system can vary from community to community and is found in
countries without strong formal justice systems? - CORRECT ANSWER -
Customary
