A group of Western European firms join together in a series of alliances and acquisitions to counter the effects of global competitors. These are the effects of globalization on:
A) Corporate culture
B) Organizational structure
C) Industry structure
D) None of the above

Question

Quizplus · Accepted Answer

When Western European firms join together in alliances and acquisitions to counter global competitors, it directly affects the industry structure by altering the competitive dynamics and market power within the industry.

A Group of Western European Firms Join Together in a Series