The influence of globalization in managing strategically can be demonstrated in
A) the global marketplace.
B) global competition.
C) the organization itself.
D) global competitors and the global marketplace.
E) None of the answer choices is correct.

Question

Quizplus · Accepted Answer

Globalization has led to the emergence of global competitors and a global marketplace, both of which have significant impacts on strategic management. Companies must consider global competition when developing their strategies, and they must also be aware of the opportunities and challenges presented by the global marketplace. In addition, the organization itself must be able to adapt to the changing global environment, which requires strategic management that takes into account the complexities of globalization.

The Influence of Globalization in Managing Strategically Can Be Demonstrated