WGU D080 MANAGING IN A GLOBAL BUSINESS
ENVIRONMENT OA THIS YEAR
An entity launched the national emissions trading system (ETS).
These guidelines are scheduled to be implemented in 2020 to
control and gradually reduce carbon emissions.
Which entity took this step?
Federal Trade Commission
North American Commission for Economic Cooperation
European Union
China's National Development and Reform Commission
.......Answer.........China's National Development and Reform
Commission
,age 2 of 136
In 2017, the Federal Trade Commission (FTC) passed a law that
required a change in the practices used by influencers who
participate in video postings and web site tweets.
Why did the FTC take this action?
To prevent individuals from misleading consumers
To create forums for industry marketing experts
To establish limits for paying celebrity endorsers
To uphold freedom of speech in online advertising
.......Answer.........To prevent individuals from misleading
consumers
How does General Data Protection Regulation (GDPR) help
protect people's personal data?
,age 3 of 136
The regulation applies to all European companies processing
data of worldwide citizens.
Users are required to opt in explicitly to grant permission for
sensitive data.
Companies that breach the policies of the GDPR can be fined up
to 25% of their annual global turnover.
Users must be notified of data breach within 24 hours of
awareness. .......Answer.........Users are required to opt in
explicitly to grant permission for sensitive data.
A company is considering establishing a subsidiary in a new host
country and wishes to prepare its expatriates to adapt to the
local environment.
How should this company prepare its expatriates?
, age 4 of 136
Negotiation
Operational training
Repatriation
Cultural Training .......Answer.........Cultural training
What happens to consumer surplus when tariffs and quotas are
discontinued? .......Answer.........They increase
Which type of tariff is put in place to specifically ensure that
domestic industries are given an advantage?
.......Answer.........Protective
What is a benefit of implementing a system of free trade?
.......Answer.........Reduced tariffs would result in lower costs of
imported raw materials.