Companies that fail to formulate adequate responses to the challenges and opportunities of globalization will face all of the following consequences except:
A)getting absorbed by visionary enterprises.
B)getting absorbed by dynamic enterprises.
C)becoming locally profitable enterprises.
D)undergoing wrenching transformations.
E)simply disappearing from the business horizon.

Question

Quizplus · Accepted Answer

Companies that fail to adapt to globalization are at risk of being absorbed by more dynamic or visionary enterprises, undergoing significant transformations, or disappearing altogether. However, becoming locally profitable is not typically a consequence of failing to address globalization challenges; it's more likely a strategy for those who choose to focus on local markets successfully.

Companies That Fail to Formulate Adequate Responses to the Challenges