WGU Courses and Certificates Global-Economics-for-Managers

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

1. Which mode of entry is an equity-based entry mode?

A) Licensing
B) 50/50 joint ventures
C) Franchising
D) Indirect exports

2. What are properties of a typical indifference curve? (Choose TWO.)

A) Indifference curves can intersect.
B) Indifference curves do not cross.
C) Indifference curves slope upward.
D) Higher indifference curves are preferred to lower ones.

3. What is one example of something a copyright is used to protect?

A) The name of a brand
B) The content of a book
C) The shape of a new invention
D) The design of a logo

4. Which quantity measures the market value of all final goods and services produced within a country in a given period of time?

A) Net domestic product (NDP)
B) Gross national income (GNI)
C) Gross domestic product (GDP)
D) National disposable income

5. In which situation is the contender 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 transferable abroad.
C) There is high industry pressure to globalize, and competitive assets are transferable abroad.
D) There is low industry pressure to globalize, and competitive assets are customized to home markets.

Solutions: