To succeed in global markets, firms can rely exclusively on the technological superiority or core competence which made them successful in the past.

Question

Quizplus · Accepted Answer

To succeed in global markets, firms cannot rely exclusively on their past technological superiority or core competence. They need to adapt to changing market conditions and customer demands, develop new products and services, and establish strong relationships with local partners and customers. Simply relying on past success may lead to complacency and failure in the face of new competition or market disruption.

To Succeed in Global Markets, Firms Can Rely Exclusively on the Technological