WGU D080 Study Guide Questions And Correct Detailed
Answers (Verified Answer) | New Update 2026
What is globalization? - ANSWERS When international integration arises from
the interchange of world views, products, ideas, and other aspects of cultures.
different types of Globalization - ANSWERS 1. Economic
2. Political
3. Cultural
Advantages of Economic globalization - ANSWERS more trade, investments,
information technology, faster economic development, and increased social being
Disadvantages of Economic globalization - ANSWERS benefits the rich at the
expense of the poor, manufacturing job loss in developed countries,
environmental damage, and unethical practices of labor
Advantages of Political globalization - ANSWERS more cooperation amount
countries, formation of international or regional organizations, NGOs
Disadvantages of Political globalization - ANSWERS reduce the importance of
nation-states, loss of sovereignty and power of local government
Advantages of Cultural globalization - ANSWERS awareness of international
community
,Disadvantages of Cultural globalization - ANSWERS loss of uniqueness of a
country's culture
What is international business? - ANSWERS any situation where the
production or distribution of goods or services crosses country borders
What are opportunities for international business? - ANSWERS New and large
international markets offers possible more revenues, lower costs, and access to
advanced technology
What are challenges for international business? - ANSWERS Ethical business
practice concerns, organizational structure (create new division), public relations
(build customer loyalty), leaderships, and legal and regulatory structure
What are the 5 stages of going global? - ANSWERS 1. Market entry
2. product specialization
3. value chain disaggregation
4. value chain reengineering
5. creation of new markets
Market Entry - ANSWERS Companies enter new countries using business
models similar to the ones deployed in their home markets
Product specialization - ANSWERS Companies transfer the full production
process of a particular product line to a single, low-cost location and export the
goods to various consumer markets
, Value chain disaggregation - ANSWERS Companies disaggregate the
production process and focus on completing each activity in the most
advantageous location
Value chain reengineering - ANSWERS Companies seek to further increase
their cost savings by reengineering their processes to suit local market conditions
by substituting lower cost labor for capital
Creation of new markets - ANSWERS creates new demand due to the
reduction of ticket price
What are the 4 drivers of Globalization? - ANSWERS 1. Market
2. Cost
3. Competition
4. Government
Market - ANSWERS Opportunity for scale and convergence of needs (foreign
consumers have the same demand as domestic consumer, no need to redesign)
Cost - ANSWERS - Economies of scale & scope: use same production facility for
multiple procedures.
- Exploiting cost of factors of production: labor cost reductions, natural resources
cost reduction
Competition - ANSWERS New markets & increased levels of trade
Answers (Verified Answer) | New Update 2026
What is globalization? - ANSWERS When international integration arises from
the interchange of world views, products, ideas, and other aspects of cultures.
different types of Globalization - ANSWERS 1. Economic
2. Political
3. Cultural
Advantages of Economic globalization - ANSWERS more trade, investments,
information technology, faster economic development, and increased social being
Disadvantages of Economic globalization - ANSWERS benefits the rich at the
expense of the poor, manufacturing job loss in developed countries,
environmental damage, and unethical practices of labor
Advantages of Political globalization - ANSWERS more cooperation amount
countries, formation of international or regional organizations, NGOs
Disadvantages of Political globalization - ANSWERS reduce the importance of
nation-states, loss of sovereignty and power of local government
Advantages of Cultural globalization - ANSWERS awareness of international
community
,Disadvantages of Cultural globalization - ANSWERS loss of uniqueness of a
country's culture
What is international business? - ANSWERS any situation where the
production or distribution of goods or services crosses country borders
What are opportunities for international business? - ANSWERS New and large
international markets offers possible more revenues, lower costs, and access to
advanced technology
What are challenges for international business? - ANSWERS Ethical business
practice concerns, organizational structure (create new division), public relations
(build customer loyalty), leaderships, and legal and regulatory structure
What are the 5 stages of going global? - ANSWERS 1. Market entry
2. product specialization
3. value chain disaggregation
4. value chain reengineering
5. creation of new markets
Market Entry - ANSWERS Companies enter new countries using business
models similar to the ones deployed in their home markets
Product specialization - ANSWERS Companies transfer the full production
process of a particular product line to a single, low-cost location and export the
goods to various consumer markets
, Value chain disaggregation - ANSWERS Companies disaggregate the
production process and focus on completing each activity in the most
advantageous location
Value chain reengineering - ANSWERS Companies seek to further increase
their cost savings by reengineering their processes to suit local market conditions
by substituting lower cost labor for capital
Creation of new markets - ANSWERS creates new demand due to the
reduction of ticket price
What are the 4 drivers of Globalization? - ANSWERS 1. Market
2. Cost
3. Competition
4. Government
Market - ANSWERS Opportunity for scale and convergence of needs (foreign
consumers have the same demand as domestic consumer, no need to redesign)
Cost - ANSWERS - Economies of scale & scope: use same production facility for
multiple procedures.
- Exploiting cost of factors of production: labor cost reductions, natural resources
cost reduction
Competition - ANSWERS New markets & increased levels of trade
