Global-Economics-for-Managers적중율높은인증덤프자료 - Global-Economics-for-Managers시험덤프공부

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

SectionObjectives
Competency 2: Political and Economic Forces- Property Rights and the Rule of Law
- Market Economy vs. Command Economy
Competency 1: International Trade and Currency Exchange- Currency Exchange Rate Determination
- Impact of Interest Rates on Financial Flows and Exchange Rates
- Introduction to International Trade Theories
Key Topics Across All Competencies- Global Business Strategies and Porter's Framework
- Supply and Demand Shifts
- Elastic vs. Inelastic Goods
- International Trade Policies (Tariffs, Quotas)
- Foreign Direct Investment (FDI) Impacts
- Currency Appreciation and Depreciation
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)

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최신 Courses and Certificates Global-Economics-for-Managers 무료샘플문제 (Q76-Q81):

질문 # 76
What are examples of intellectual property? (Choose TWO.)

정답:C,D

설명:
In Global Economics for Managers , intellectual property (IP) refers to legally protected creations of the mind. Patents and trademarks are two major forms of IP, making options A and B correct.
Patents protect new inventions, processes, or technologies, granting exclusive rights to inventors for a limited time. Trademarks protect brand identifiers such as names and logos.
Subsidies and tariffs are government policies, not intellectual property protections.
Therefore, options A and B correctly identify examples of intellectual property.


질문 # 77
The benefit attributed to firms that enter a market before other firms in the same market segment is best described by which term?

정답:D

설명:
In Global Economics for Managers , the benefit enjoyed by firms that enter a market before competitors is known as first-mover advantage , making option C correct. First movers are firms that are pioneers in introducing new products, technologies, or business models into a market.
First-mover advantages can arise from several sources. Early entrants may be able to build brand recognition
, secure control over scarce resources , establish customer loyalty , or set industry standards that later entrants must follow. In some cases, first movers can erect significant barriers to entry, making it difficult for competitors to gain market share.
However, Global Economics for Managers also notes that first-mover advantages are not guaranteed. Early entrants face higher uncertainty, development costs, and the risk of technological obsolescence. Nevertheless, when successful, first movers can sustain long-term competitive advantages.
Option A refers to late-mover advantage, which arises from reduced uncertainty. Option B is not a standard strategic concept. Option D relates to cost efficiencies across products, not timing of entry.
Thus, option C correctly identifies first-mover advantage.


질문 # 78
Which statement about Federal Reserve lending to banks is true?

정답:C

설명:
InGlobal Economics for Managers, banks that borrow directly from the Federal Reserve through the discount windowpay the discount rate, making option D correct. The discount rate is the interest rate the Fed charges banks for short-term loans.
Option A is incorrect because Fed lending fluctuates based on economic conditions. Option B is incorrect because the discount rate can be changed at any time. Option C is incorrect because consumer interest rates are market-determined, not set at the discount rate.
Thus, option D accurately describes Fed lending.


질문 # 79
What are characteristics of monopolistic competition? (Choose THREE.)

정답:C,D,E

설명:
InGlobal Economics for Managers,monopolistic competitionis characterized bymany sellers,product differentiation, andfree entry and exit, making options A, B, and C correct.
Firms sell products that are similar but not identical, allowing them some degree of pricing power. Examples include restaurants, clothing brands, and personal services. Because entry is relatively easy, economic profits tend to be eliminated in the long run.
Options D and E describe monopoly or perfect competition, not monopolistic competition.
Thus, A, B, and C correctly describe monopolistic competition.


질문 # 80
If the demand for a good is inelastic, what is true?

정답:D

설명:
InGlobal Economics for Managers, demand isinelasticwhenquantity demanded responds only slightly to changes in price, making option B correct.
Inelastic demand is common for necessities, goods with few substitutes, or goods that represent a small portion of income. When demand is inelastic, price and total revenue move in the same direction.
Options A, C, and D describe elastic demand.
Thus, option B correctly defines inelastic demand.


질문 # 81
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