What benefits does the global environment offer organizations?
A)The global environment provides organizations with several opportunities to increase efficiency and effectiveness.
B)The global environment is easy to operate within and is constant, straightforward, and predictable.
C)Fluctuating sociocultural factors never affect the performance of organizations that function at a global level.
D)Organizations are faced with fewer challenges and risks when they grow to prominence internationally.
E)Organizations that operate internationally seldom compete for scarce and valuable resources.

Question

Quizplus · Accepted Answer

Some changes in the global environment, such as the development of efficient new production technology, the availability of lower-cost components, or the opening of new global markets, create opportunities for managers to make and sell more products, obtain more resources and capital, and thereby strengthen their organization.

What Benefits Does the Global Environment Offer Organizations