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In the WGU Global Economics for Managers (C211, UZC2) (Global-Economics-for-Managers) Web-based Practice Test, you will get the Global-Economics-for-Managers questions that are real and accurate. Furthermore, the Global-Economics-for-Managers practice exam works smoothly on all operating systems including Mac, Linux, IOS, Android, and Windows. it is a browser-based WGU Global Economics for Managers (C211, UZC2) (Global-Economics-for-Managers) practice test software, there is no need for any specific software installation or additional plugins to function correctly.
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WGU Global Economics for Managers (C211, UZC2) Sample Questions (Q25-Q30):NEW QUESTION # 25
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 transferable abroad.
- B. There is low industry pressure to globalize, and competitive assets are transferable abroad.
- C. There is low industry pressure to globalize, and competitive assets are customized to home markets.
- D. There is high industry pressure to globalize, and competitive assets are customized to home markets.
Answer: C
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 # 26
Which characteristic is attributed to totalitarianism?
- A. It gives citizens the right to elect representatives to govern on their behalf.
- B. It prizes an individual's right to freedom of expression and organization.
- C. It delegates absolute political control over the population to one person or party.
- D. It contains some political risk, but risk that is qualitatively lower than in other political systems.
Answer: C
Explanation:
InGlobal Economics for Managers,totalitarianismis characterized by theconcentration of absolute political power in the hands of a single individual or a single ruling party, making option D the correct answer.
Under a totalitarian system, political authority is centralized, dissent is suppressed, and the state seeks to control not only political life but often economic, social, and ideological aspects of society as well.
Unlike democratic systems, totalitarian regimes do not permit free elections, political pluralism, or meaningful checks and balances. Citizens are not granted the right to elect representatives, nor are freedoms of expression, association, or organization protected. Instead, political opposition is restricted or eliminated, and state power is maintained through coercion, propaganda, and control of institutions.
Option A is incorrect because totalitarian systems generally involvehigh political risk, particularly for firms, due to arbitrary policy changes, expropriation risk, and weak legal protections. Option B describes liberal democratic systems that emphasize civil liberties. Option C is a defining feature of representative democracies, not totalitarian regimes.
Global Economics for Managersstresses that totalitarianism presents significant challenges for global managers. While such systems may offer short-term stability or rapid decision making, they often involve unpredictable policy shifts, weak protection of property rights, and limited transparency. These conditions increase political risk and complicate long-term business planning.
Therefore, option D correctly identifies the defining characteristic of totalitarianism as the delegation of absolute political control to one person or party.
NEW QUESTION # 27
Which company has a natural resource-seeking strategic goal?
- A. A company searching for a location with a large consumer market
- B. A company searching for a location where labor costs are low
- C. A company searching for a location where there is an abundance of oil
- D. A company searching for a location with advanced technology clusters
Answer: C
Explanation:
InGlobal Economics for Managers, anatural resource-seeking strategyrefers to firms that engage in foreign direct investment toaccess specific natural resourcesthat are unavailable or costly in their home country.
Option C correctly reflects this motive.
Companies in industries such as oil, gas, mining, agriculture, and timber often locate operations where resources are naturally abundant. The primary objective is to secure reliable and cost-effective access to essential inputs for production.
Option A describes a cost-seeking strategy, option B a market-seeking strategy, and option D a strategic asset- seeking strategy.
Thus, option C correctly identifies a natural resource-seeking strategic goal.
NEW QUESTION # 28
In order to increase the money supply, what does the Federal Reserve do?
- A. Raises the federal funds rate
- B. Sells government bonds to the public
- C. Buys government bonds from the public
- D. Increases reserve requirements
Answer: C
Explanation:
InGlobal Economics for Managers, the Federal Reserve increases the money supply primarily throughopen market operations, specifically bybuying government bonds from the public, making option C correct.
When the Fed purchases government securities, it pays banks and other sellers by crediting their reserves.
This action increases the amount of reserves in the banking system, enabling banks to extend more loans. As lending expands, the money supply grows through the money multiplier process.
Option A would decrease the money supply. Option B tightens monetary conditions. Option D reduces banks' ability to lend.
Managers should understand this mechanism because changes in the money supply affect interest rates, investment, exchange rates, and aggregate demand. Therefore, option C accurately describes how the Fed increases the money supply.
NEW QUESTION # 29
What happens when the Federal Reserve increases the money supply?
- A. The aggregate supply curve shifts to the left
- B. The aggregate demand curve shifts to the left
- C. The aggregate supply curve shifts to the right
- D. The aggregate demand curve shifts to the right
Answer: D
NEW QUESTION # 30
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