In an industry that is,or is rapidly becoming global,the riskiest possible posture is to
A) become a global competitor.
B) remain a domestic competitor.
C) remain a global competitor.
D) expand beyond the role of domestic competitor.
E) None of the above

Question

Quizplus · Accepted Answer

In an industry that is becoming global, remaining a domestic competitor is the riskiest posture as it restricts the company's growth opportunities and puts them at a significant disadvantage compared to global competitors. A company that does not expand beyond its domestic market may struggle to survive in the long term as it may miss out on emerging trends and new markets. Therefore, the best choice is to become a global competitor or expand beyond the role of domestic competitor to stay competitive in a globalized industry.

In an Industry That Is,or Is Rapidly Becoming Global,the Riskiest