Foreign rivals or imports entering the domestic market are examples of competitive drivers forcing firms to globalize

Name: Foreign rivals or imports entering the domestic market are examples of competitive drivers forcing firms to globalize
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Question

Quizplus · Accepted Answer

Foreign rivals and imports challenge domestic companies by offering alternative products or services, often at competitive prices or with unique features, compelling domestic firms to globalize in order to maintain or expand their market share.

Foreign Rivals or Imports Entering the Domestic Market Are Examples