WGU Global-Economics-for-Managers Exam : WGU Global Economics for Managers (C211, UZC2)

Global-Economics-for-Managers actual test

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WGU Global-Economics-for-Managers Exam Syllabus Topics:

Section	Objectives
Competency 2: Political and Economic Forces	- Property Rights and the Rule of Law - Market Economy vs. Command Economy
Key Topics Across All Competencies	- Elastic vs. Inelastic Goods - International Trade Policies (Tariffs, Quotas) - Currency Appreciation and Depreciation - Foreign Direct Investment (FDI) Impacts - Global Business Strategies and Porter's Framework - Supply and Demand Shifts
Competency 3: Economic Decision-Making by Firms and Customers	- Firm Behavior Under Different Market Structures (Perfect Competition, Monopoly, Oligopoly) - Consumer Behavior (Budget Constraint, Indifference Curves)
Competency 1: International Trade and Currency Exchange	- Currency Exchange Rate Determination - Introduction to International Trade Theories - Impact of Interest Rates on Financial Flows and Exchange Rates

WGU Global Economics for Managers (C211, UZC2) Sample Questions:

Question #1

Managers and firms rationally pursue their interests and make choices within institutional constraints. This is one of the two core propositions underpinning an institution-based view of global business. Which situation illustrates this proposition?

A. Several businesses relocate overseas because of a new domestic tax policy that will increase their tax liability by 15%.
B. Government corruption is rampant in a particular country, leading to a high cost of doing business.However, some smaller companies have figured out how to legally evade the most fraudulent abuses, and for them the cost of doing business becomes much cheaper. For this reason, the companies stay and have a lucrative decade.
C. When a company opens a new production facility, company leaders find out that the laws of that country may allow it to skip several important safety steps. In doing so, the cost of production goes down, but there is a risk to the surrounding environment. The leaders decide not to skip these safety steps out of a deep concern and commitment to environmental protection.
D. Two failing banks are pursuing the option of being acquired by another institution. One bank is able to leverage political relationships to result in a successful acquisition. The other bank pursues no such political solution and eventually files for bankruptcy.

Reveal Solution Discussion 0

Correct Answer: A 🗳️