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[General] Latest Upload WGU Global-Economics-for-Managers Latest Braindumps Ppt - Global-E

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【General】 Latest Upload WGU Global-Economics-for-Managers Latest Braindumps Ppt - Global-E

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WGU Global Economics for Managers (C211, UZC2) Sample Questions (Q105-Q110):NEW QUESTION # 105
Which scenario most likely describes a late mover?
  • A. A company gains advantage through proprietary technology.
  • B. A company is able to erect significant barriers for other entrants.
  • C. A company makes preemptive investments.
  • D. A company faces fewer market uncertainties.
Answer: D
Explanation:
InGlobal Economics for Managers, alate moveris a firm that enters a market after early entrants and first movers, often benefiting from reduced uncertainty, making option D the correct answer. Late movers observe the successes and failures of pioneers and can adapt their strategies accordingly.
Option D correctly reflects this advantage: late moversface fewer market uncertaintiesbecause demand patterns, customer preferences, regulatory environments, and competitive dynamics are more clearly established. This allows them to avoid costly mistakes made by early entrants and adopt proven technologies or business models.
Option A, erecting significant barriers to entry, is typically associated withfirst moverswho gain early control over key resources or distribution channels. Option B, gaining advantage through proprietary technology, also aligns more closely with early or first movers. Option C, making preemptive investments, is a classic first- mover strategy aimed at discouraging later entrants.
Global Economics for Managersemphasizes that while late movers may lack early brand recognition, they can still succeed by entering with superior products, lower costs, or more efficient processes. For managers, understanding late-mover advantages helps in timing market entry decisions and assessing competitive risks.
Therefore, option D most accurately describes a late-mover scenario.

NEW QUESTION # 106
When an import tariff is placed on footwear, which quantity increases?
  • A. Consumer surplus for footwear
  • B. Domestic demand for footwear
  • C. The quantity of footwear imported
  • D. Producer surplus for footwear
Answer: D
Explanation:
InGlobal Economics for Managers, animport tariffraises the domestic price of the imported good, making producer surplus for domestic producers increase, which makes option B correct.
When a tariff is imposed on imported footwear, foreign suppliers face higher costs, reducing imports.
Domestic producers benefit from reduced competition and higher market prices, allowing them to increase output and earn higher surplus.
Option A is incorrect because imports decrease. Option C is incorrect because higher prices reduce domestic demand. Option D is incorrect because consumer surplus falls due to higher prices and fewer choices.
Tariffs redistribute surplus from consumers to producers and the government, while also creating deadweight loss. Thus, option B is correct.

NEW QUESTION # 107
A country has experienced a decrease in inflation. What is the effect on the country's currency exchange rate?
  • A. It increases
  • B. It depreciates
  • C. It becomes unstable
  • D. It has no effect
Answer: A
Explanation:
In Global Economics for Managers, a decrease in inflation generally leads to an appreciation of a country's currency, making option C correct.
Lower inflation increases the purchasing power of a country's currency relative to others. As domestic prices rise more slowly than foreign prices, exports become more competitive, and demand for the currency increases. Under purchasing power parity, lower inflation is associated with currency appreciation.
Options A, B, and D contradict established exchange rate theory.
Therefore, option C is correct.

NEW QUESTION # 108
In which situation is the dodger strategy appropriate for responding to multinational enterprises (MNEs)?
  • A. There is high industry pressure to globalize, and competitive assets are customized to home markets.
  • B. There is low industry pressure to globalize, and competitive assets are customized to home markets.
  • C. There is low industry pressure to globalize, and competitive assets are transferable abroad.
  • D. There is high industry pressure to globalize, and competitive assets are transferable abroad.
Answer: B
Explanation:
InGlobal Economics for Managers, thedodger strategyis appropriate whenindustry pressure to globalize is low and a firm's competitive assets are customized to its home market, making option D correct.
Under this strategy, firms avoid direct confrontation with multinational enterprises by focusing on niche markets, specialized products, or protected domestic segments. Since globalization pressure is weak, firms are not forced to expand internationally, and their localized assets give them an advantage at home.
Dodgers may also cooperate selectively with MNEs or operate in areas where global competition is limited.
This strategy minimizes risk and preserves firm-specific advantages without costly global expansion.
Options A and B align with extender strategies. Option C aligns with contender strategies.
Thus, option D correctly identifies when the dodger strategy is appropriate.

NEW QUESTION # 109
An institution-based view of global business focuses on the specific relationship between which two entities?
  • A. Firms and governments
  • B. Firms and institutions
  • C. Customers and firms
  • D. Customers and institutions
Answer: B
Explanation:
InGlobal Economics for Managers, theinstitution-based view of global businessfocuses on the relationship betweenfirms and institutions, making option D the correct answer. This perspective argues that firm strategies and performance are shaped not only by industry conditions and firm resources but also by the institutional environment in which firms operate.
Institutions include bothformal rules(laws, regulations, property rights) andinformal constraints(norms, cultures, and ethical standards). Firms must align their strategies with these institutions to gain legitimacy, reduce uncertainty, and operate effectively. Governments are important institutional actors, but the institution- based view extends beyond governments to include social norms and cultural expectations.
Options A and B overlook the strategic role of institutions. Option C is too narrow, as it limits the relationship to firms and governments rather than the full institutional framework.
Thus, option D accurately reflects the institution-based view emphasized in global managerial economics.

NEW QUESTION # 110
......
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