We're so confident of our products that we provide no hassle product exchange.
WGU Global-Economics-for-Managers Exam Overview:
| Certification Vendor: | Western Governors University (WGU) |
|---|---|
| Exam Name: | Global Economics for Managers |
| Exam Number: | C211 / UZC2 |
| Exam Format: | Performance-based assessment (course assignments may also apply depending on term structure), Objective Assessment (proctored multiple-choice exam) |
| Related Certifications: | MBA Core Curriculum (WGU) |
| Certificate Validity Period: | N/A (course-based assessment within WGU program) |
| Available Languages: | English |
| Recommended Training: | Khan Academy Economics WGU Course Material (C211 Global Economics for Managers) |
| Exam Registration: | WGU Student Portal |
| Sample Questions: | WGU Global-Economics-for-Managers Sample Questions |
| Exam Way: | Online proctored assessment via WGU testing platform |
| Pre Condition: | Admission into WGU MBA or related business graduate program; completion of program requirements as outlined in degree plan |
| Official Syllabus URL: | https://www.wgu.edu |
WGU Global-Economics-for-Managers Exam Syllabus Topics:
| Section | Objectives |
|---|---|
| Topic 1: Macroeconomic Environment | - GDP, inflation, and unemployment - Fiscal and monetary policy |
| Topic 2: Foundations of Economics | - Scarcity, opportunity cost, and economic reasoning - Market systems and economic models |
| Topic 3: Managerial Economic Decision-Making | - Risk and uncertainty in global markets - Cost-benefit analysis in business contexts |
| Topic 4: Global Economics | - Global economic institutions and trade policy - International trade and comparative advantage - Exchange rates and currency systems |
| Topic 5: Microeconomics for Managers | - Market structures and competition - Supply and demand analysis - Elasticity and pricing decisions |
WGU Global Economics for Managers (C211, UZC2) Sample Questions:
What is one of the four strategic goals of firms looking for potential locations?
- A. Competition-seeking
- B. Scale-seeking
- C. Market-seeking
- D. Profit-seeking
Correct Answer: C 🗳️
Explanation: Only visible for BraindumpQuiz members. You can sign-up / login (it's free).
What is a characteristic of a market economy?
- A. It leaves the planning of supply, demand, and pricing to the government.
- B. It gives the government the primary authoritative role in the economy.
- C. It emphasizes private ownership of all factors of production.
- D. It is in place in most of the world's countries.
Correct Answer: C 🗳️
Explanation: Only visible for BraindumpQuiz members. You can sign-up / login (it's free).
What is one characteristic of a market surplus?
- A. Quantity demanded exceeds quantity supplied
- B. There is upward pressure on price
- C. Quantity supplied exceeds quantity demanded
- D. Price is below equilibrium
Correct Answer: C 🗳️
Explanation: Only visible for BraindumpQuiz members. You can sign-up / login (it's free).
Which company has a natural resource-seeking strategic goal?
- A. A company searching for a location where there is an abundance of oil
- B. A company searching for a location where labor costs are low
- C. A company searching for a location with a large consumer market
- D. A company searching for a location with advanced technology clusters
Correct Answer: A 🗳️
Explanation: Only visible for BraindumpQuiz members. You can sign-up / login (it's free).
When demand decreases and supply stays the same, what happens to the equilibrium point of price and quantity? (Choose TWO.)
- A. Quantity decreases
- B. Price decreases
- C. Price increases
- D. Quantity increases
Correct Answer: A,B 🗳️
Explanation: Only visible for BraindumpQuiz members. You can sign-up / login (it's free).
Viewing page 1 out of 28 pages.
Viewing questions 1-5 out of 136 questions.
By Mabel
