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

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

1. What is one benefit of small-scale entries into foreign markets?

A) They focus on learning by doing while limiting the downside risk.
B) They demonstrate a strategic commitment to certain markets.
C) They give complete equity and operational control.
D) They present easy opportunities to build market share.

2. In which situation is the dodger strategy appropriate for responding to multinational enterprises (MNEs)?

A) There is low industry pressure to globalize, and competitive assets are transferable abroad.
B) There is high industry pressure to globalize, and competitive assets are transferable abroad.
C) There is high industry pressure to globalize, and competitive assets are customized to home markets.
D) There is low industry pressure to globalize, and competitive assets are customized to home markets.

3. What are examples of equity modes of entry? (Choose THREE.)

A) Acquisitions
B) Greenfield investments
C) Franchising
D) Licensing
E) Strategic alliances

4. What are common types of barriers to entry that can cause a monopoly? (Choose TWO.)

A) Employee unions
B) Government regulations prohibiting foreign investment
C) A firm purchasing competitors
D) Government regulations granting exclusive production rights
E) Economies of scale in the production process
F) Elastic demand curves

5. The formula "fixed costs (FC) + variable costs (VC)" represents which quantity?

A) Implicit cost
B) Marginal cost
C) Average cost
D) Total cost

Solutions: