The major factor increasing the complexity of the environment is the _______.
A)Amount of diversity in the world
B)Globalization of markets
C)Amount of rules and regulations to be followed
D)Increasing number of companies

Question

Quizplus · Accepted Answer

Globalization of markets has increased the number of competitors and complexity of doing business across different cultures, languages, and legal systems, thus increasing the complexity of the environment. The other options may contribute to the complexity but are not the major factor.

The Major Factor Increasing the Complexity of the Environment Is