In today's global economy, traditional factors such as labor costs, access to financial resources and raw materials, and protected or regulated markets are less likely to become core competencies and possibily competitive advantages.

Question

Quizplus · Accepted Answer

With the rise of technology and globalization, companies are now able to tap into a wider pool of resources and markets beyond traditional boundaries. Therefore, traditional factors are becoming less of a competitive advantage.

In Today's Global Economy, Traditional Factors Such as Labor Costs