Globalization and knowledge management have made necessary for organizations to remain competitive.
A)virtual teams
B)Delphi method
C)groupthink
D)command-and-control management
E)None of these are necessary as a result of globalization and knowledge management.

Question

Quizplus · Accepted Answer

Virtual teams, enabled by advances in communication technology, allow organizations to collaborate and share knowledge across different locations and time zones. In a globalized world, this is necessary to remain competitive. Knowledge management refers to the practices and strategies used by organizations to identify, create, share, and use knowledge effectively. This too is crucial in order to stay competitive in a rapidly changing business environment.

Globalization and Knowledge Management Have Made Necessary for Organizations to Remain