The competitive forces facing managers are led primarily by _______________ changes and increasing globalization.
A) technological
B) environmental
C) political
D) economic

Question

Quizplus · Accepted Answer

Technological changes and increasing globalization have had a significant impact on the competitive environment in which managers operate. The rapid pace of technological innovation has increased competition across industries as new entrants disrupt established firms. Additionally, globalization has opened up new markets while also increasing competition from firms around the world. While environmental, political, and economic factors may also impact competitive forces, technological changes and globalization are the primary drivers.

The Competitive Forces Facing Managers Are Led Primarily by _______________