WGU C211 GLOBAL ECONOMICS FOR MANAGERS 200
QUESTIONS WITH DETAILED VERIFIED ANSWERS
Practice questions for this set
Terms in this set (136)
, Views on Globalization New, Evolutionary, and Pendulum
"New" view on A force sweeping through the world in recent times.
globalization
"Evolutionary" view on A long-run historical evolution since the dawn of human
globalization history
"Pendulum" view on One that swings from one extreme to another from time
globalization to time
Foreign Direct Investment Direct investment in, control, and management of value-
added activities in other countries
Political views on FDI Radical View, Free Market View, Pragmatic
Nationalism
Benefits to a country Capital Inflow, Technology Spillover, Advanced
receiving FDI Management Know-How, Job creation
Costs to a country Loss of Sovereignty, Adverse effects on competition, Capital
receiving FDI outflow.
How do resources and Resource similarity and market commonality can yield a
capabilities influence the powerful framework for competitor analysis.
competitive dynamics of a
business?
Resource similarity The extent to which a given competitor possesses
strategic endowment comparable, in terms of both type
and amount, to those of the focal firm.
How does resource Firms with a high degree are likely to have similar competitive
similarity impact actions. (Starbuck's instant coffee &
competitive dynamics?
McDonald's iced coffee)
QUESTIONS WITH DETAILED VERIFIED ANSWERS
Practice questions for this set
Terms in this set (136)
, Views on Globalization New, Evolutionary, and Pendulum
"New" view on A force sweeping through the world in recent times.
globalization
"Evolutionary" view on A long-run historical evolution since the dawn of human
globalization history
"Pendulum" view on One that swings from one extreme to another from time
globalization to time
Foreign Direct Investment Direct investment in, control, and management of value-
added activities in other countries
Political views on FDI Radical View, Free Market View, Pragmatic
Nationalism
Benefits to a country Capital Inflow, Technology Spillover, Advanced
receiving FDI Management Know-How, Job creation
Costs to a country Loss of Sovereignty, Adverse effects on competition, Capital
receiving FDI outflow.
How do resources and Resource similarity and market commonality can yield a
capabilities influence the powerful framework for competitor analysis.
competitive dynamics of a
business?
Resource similarity The extent to which a given competitor possesses
strategic endowment comparable, in terms of both type
and amount, to those of the focal firm.
How does resource Firms with a high degree are likely to have similar competitive
similarity impact actions. (Starbuck's instant coffee &
competitive dynamics?
McDonald's iced coffee)
