To remain competitive,companies:
A) shouldn't be proactive to its changing environment.
B) should not try to influence the global business environment.
C) can no longer sell exclusively in their domestic markets.
D) should not make any attempts to expand globally.

Question

Quizplus · Accepted Answer

With advancements in technology and transportation, companies can no longer rely on selling exclusively in their domestic markets to remain competitive. They need to expand their reach to the global market in order to tap into new customer segments and increase revenue. Therefore, option C is the best choice. Options A, B, and D are incorrect as they all suggest limiting a company's growth potential and competitiveness in the changing business environment.

To Remain Competitive,companies