Wgu fvc1 Study guides, Class notes & Summaries

WGU Global Business FVC1 V2 and D080 Module 1-4

WGU - D080_ FVC1 Enhanced Study Guide

Creation of isolationist policies - Which negative outcome on political systems comes from globalization? Reduced trade barriers - Which factor results in a higher rate of globalization? Culture, administration, geography, economy - What are the four factors in Ghemawat's CAGE analysis? Loss of manufacturing jobs - What is a major drawback to the home country when companies outsource manufacturing jobs to countries with lower worker wages? The globalization process is at a disadvantage a...

Globalization - International integration that occurs from interchange of world views, products, ideas, and other aspects of culture. Globalization Opportunities - *demand for new products *lower labor cost *less expensive natural resources *operate internationally to increase revenue and lower cost. Economic Effect on Globalization - *widespread international movement of goods, capital resources, services, information, etc. *countries are increasingly interdependent by border-crossing...

WGU Global Business FVC1 V2 and D080 Module 1-4 (Questions & Answers)

Which of the following is a characteristic of globalization? - Culture How do major international institutions facilitate globalization? - By creating an international monetary system What do countries with politicians that sustain transparency in global competition tend to have? - A competitive market structures. What helps make globalization sustainable? - Transparency in government policy What do property rights enable buyers and sellers to do? - Conduct transactions with a high degree...

WGU Global Business FVC1 V2 and D080 Module 1-4.

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