Which of the following is not an implication of the globalization of production and markets for competition within an industry?
A) Industry boundaries do not stop at national borders so managers must understand what is happening globally.
B) Increasing competitive rivalry in numerous industries
C) Creation of significant opportunities
D) Profit potential of any company rests on their international strategy.
E) All of these are implications of the globalization of production and markets.

Question

Quizplus · Accepted Answer

The implication that the profit potential of any company rests solely on their international strategy is not necessarily true. While having an effective international strategy is important for success in a globalized market, there are other factors that can also impact a company's profitability, such as its domestic market, management practices, and product offerings.

Which of the Following Is Not an Implication of the Globalization