How has the nature of competition in today’s globalized markets evolved?
How has the nature of competition in today’s globalized markets evolved?
A . Competition is supply chain versus supply chain, rather than company versus company
B . Competition is limited to domestic markets
C . Competition is now primarily between companies within the same industry
D . Competition is no longer a significant factor in global markets
Answer: A
Explanation:
Global competition now occurs at the supply chain level rather than between individual companies,
emphasizing strategic partnerships and efficiency. [P-3]
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