The most significant source of change impacting many organizations today is increasing
A) cultural change
B) corporate governance
C) globalization
D) business ethics
E) technological knowledge

Question

Quizplus · Accepted Answer

Globalization is the most significant source of change affecting organizations today because it refers to the increasing interconnectedness and interdependence of the world economy. This trend is leading to increased competition, the need to adapt to new markets and customer preferences, and the potential for disruption from unexpected events or international conflicts. Cultural change, corporate governance, business ethics, and technological knowledge are all important factors affecting organizations, but they are not driving change to the same extent as globalization.

The Most Significant Source of Change Impacting Many Organizations Today