As market globalization intensifies, ________.
A) the gap between the rich and the poor shrinks rapidly
B) the distance between consumers worldwide expands
C) individual firms respond to the challenges and new advantages that it brings
D) firms internationalize solely as a reaction to it

Question

Quizplus · Accepted Answer

Market globalization presents both challenges and new opportunities for firms, prompting them to adapt and respond proactively, rather than solely reacting to it.

As Market Globalization Intensifies, ________