It is increasingly difficult for a firm to develop and sustain a competitive advantage because of the effects of globalization and
A) the rapid development of the Internet's capabilities.
B) extensive use of outsourcing within the borders of the U.S.
C) the declining number of inventions and patents developed by U.S. citizens.
D) the simultaneous erosion of the U.S. work ethic and the U.S. education system.

Question

Quizplus · Accepted Answer

Globalization has led to increased competition as firms can now compete with each other on a global scale. Additionally, the rapid development of the internet has made it easier for firms to access information and for customers to compare products and prices, further increasing competition.

It Is Increasingly Difficult for a Firm to Develop and Sustain