WGU D080 MANAGING IN A GLOBAL BUSINESS
ENVIRONMENT EXAM 2024 ACTUAL EXAM COMPLETE
400 QUESTIONS WITH DETAILED VERIFIED ANSWERS
(100% CORRECT ANSWERS) /ALREADY GRADED A+
Past court decisions serve as precedents to the interpretation of the law under
________. - ANSWER: common law
Under which law system must the details of the promises be written into a contract
in order for it to be enforced? - ANSWER: common law
_____ is based on a comprehensive set of laws organized into a code. - ANSWER:
civil law
Which of the following terms refers to the integration of systems, processes,
organizations, value chains, and entire markets using Internet-based technologies? -
ANSWER: e-business
Which of the following is an advantage of e-business? - ANSWER: convenience in
conducting business worldwide
Which of the following means of adaptation to political risk requires that a firm
actively involve nationals in the management of its subsidiary? - ANSWER:
participative management
________ is a means of adapting to political risk, which requires that a firm actively
involve nationals, including those in labor organizations or government, in the
management of its subsidiary. - ANSWER: participative management
Which of the following strategies is a firm most likely to use, if it initiates a joint
venture with a local company in a foreign country, as a way of adapting to risk? -
ANSWER: equity sharing
Under governmentalism, the government uses its policy-setting role to favor the
interests of ________. - ANSWER: the nation
Under governmentalism, the government uses its policy-setting role to favor national
interests, rather than relying on ________. - ANSWER: market forces
McDonald's, a fast food chain headquartered in the United States, applies the
morality it practices in the United States to all foreign countries in which it operates.
McDonald's is adhering to ________. - ANSWER: ethnocentrism
With an ethnocentric approach, a company applies the morality used in its
________. - ANSWER: home country
, The ________ approach to analyzing economic risk relies on a few easily measurable
and timely criteria believed to reflect or indicate changes in the creditworthiness of
the country. - ANSWER: checklist
The ________ method of analyzing economic risk attempts to measure statistically a
country's ability to honor its debt obligation by assigning different weights to
economic variables. - ANSWER: quantitative
Transparency International is best described as a(n) ________. - ANSWER:
nongovernmental organization that fights corruption
Which of the following is a primary focus of the research that is carried out by
Transparency International? - ANSWER: relative prevalence of bribery in various
spheres of people's lives
In recent years, which of the following has lessened the criticisms of MNCs? -
ANSWER: greater emphasis on social responsibility by MNCs
Which of the following concepts includes the expectation that MNCs should be
concerned with the social and economic effects of their decisions? - ANSWER:
international social responsibility
Which of the following significantly increases the complexity of social responsibility
and ethical behavior of MNCs? - ANSWER: additional stakeholders associated with
the firm's activities
Which of the following is a business benefit from corporate social responsibility? -
ANSWER: increased in brand value
Social responsibility, ethical behavior, and interdependence are important concerns
to be built into ________. - ANSWER: management control
The FCPA allows "grease" payments to facilitate business in a foreign country, if
________. - ANSWER: those payments are lawful in that country
In recent years, the export of hazardous wastes from developed countries to less
developed ones has ________. - ANSWER: increased significantly
Which of the following is the main reason why companies dispose hazardous wastes
in less developed countries? - ANSWER: weak regulations and low costs
Micropolitical risk events are those that affect ________. - ANSWER: one industry or
company or a few companies
Zagreb Inc., a transnational energy company, negotiates a multimillion dollar
contract with the government to provide electricity to Pilladia. The government is
ENVIRONMENT EXAM 2024 ACTUAL EXAM COMPLETE
400 QUESTIONS WITH DETAILED VERIFIED ANSWERS
(100% CORRECT ANSWERS) /ALREADY GRADED A+
Past court decisions serve as precedents to the interpretation of the law under
________. - ANSWER: common law
Under which law system must the details of the promises be written into a contract
in order for it to be enforced? - ANSWER: common law
_____ is based on a comprehensive set of laws organized into a code. - ANSWER:
civil law
Which of the following terms refers to the integration of systems, processes,
organizations, value chains, and entire markets using Internet-based technologies? -
ANSWER: e-business
Which of the following is an advantage of e-business? - ANSWER: convenience in
conducting business worldwide
Which of the following means of adaptation to political risk requires that a firm
actively involve nationals in the management of its subsidiary? - ANSWER:
participative management
________ is a means of adapting to political risk, which requires that a firm actively
involve nationals, including those in labor organizations or government, in the
management of its subsidiary. - ANSWER: participative management
Which of the following strategies is a firm most likely to use, if it initiates a joint
venture with a local company in a foreign country, as a way of adapting to risk? -
ANSWER: equity sharing
Under governmentalism, the government uses its policy-setting role to favor the
interests of ________. - ANSWER: the nation
Under governmentalism, the government uses its policy-setting role to favor national
interests, rather than relying on ________. - ANSWER: market forces
McDonald's, a fast food chain headquartered in the United States, applies the
morality it practices in the United States to all foreign countries in which it operates.
McDonald's is adhering to ________. - ANSWER: ethnocentrism
With an ethnocentric approach, a company applies the morality used in its
________. - ANSWER: home country
, The ________ approach to analyzing economic risk relies on a few easily measurable
and timely criteria believed to reflect or indicate changes in the creditworthiness of
the country. - ANSWER: checklist
The ________ method of analyzing economic risk attempts to measure statistically a
country's ability to honor its debt obligation by assigning different weights to
economic variables. - ANSWER: quantitative
Transparency International is best described as a(n) ________. - ANSWER:
nongovernmental organization that fights corruption
Which of the following is a primary focus of the research that is carried out by
Transparency International? - ANSWER: relative prevalence of bribery in various
spheres of people's lives
In recent years, which of the following has lessened the criticisms of MNCs? -
ANSWER: greater emphasis on social responsibility by MNCs
Which of the following concepts includes the expectation that MNCs should be
concerned with the social and economic effects of their decisions? - ANSWER:
international social responsibility
Which of the following significantly increases the complexity of social responsibility
and ethical behavior of MNCs? - ANSWER: additional stakeholders associated with
the firm's activities
Which of the following is a business benefit from corporate social responsibility? -
ANSWER: increased in brand value
Social responsibility, ethical behavior, and interdependence are important concerns
to be built into ________. - ANSWER: management control
The FCPA allows "grease" payments to facilitate business in a foreign country, if
________. - ANSWER: those payments are lawful in that country
In recent years, the export of hazardous wastes from developed countries to less
developed ones has ________. - ANSWER: increased significantly
Which of the following is the main reason why companies dispose hazardous wastes
in less developed countries? - ANSWER: weak regulations and low costs
Micropolitical risk events are those that affect ________. - ANSWER: one industry or
company or a few companies
Zagreb Inc., a transnational energy company, negotiates a multimillion dollar
contract with the government to provide electricity to Pilladia. The government is
