Companies are finding that to survive they must contend in international markets as well as fend off foreign competitors' attempts to gain ground in the United States.Which of the following would help businesses in the United States meet these challenges?
A) They must focus on developing domestic markets rather than on developing global markets.
B) They must hire only from a domestic labor pool.
C) They must prepare employees for global assignments.
D) They must eliminate reshoring-reestablishing operations in North America.
E) They must reduce the workforce with a "grenade" approach-by eliminating an entire group of employees.

Question

Quizplus · Accepted Answer

To compete in international markets and fend off foreign competitors, businesses in the United States must prepare employees for global assignments. This includes providing training and support for employees to work effectively in different cultural and business contexts. Focusing solely on developing domestic markets or hiring only from a domestic labor pool may limit a company's ability to expand and compete globally, while eliminating reshoring operations and reducing the workforce with a "grenade" approach are unlikely to address the challenges posed by foreign competition.

Companies Are Finding That to Survive They Must Contend in International