Today's global economy changes competitive strategies because ________.

Question

Quizplus · Accepted Answer

The global economy enables companies to differentiate their products on a global scale, resulting in the need for new competitive strategies to be developed. This is due to the increased competition and the need to stand out in the market. Therefore, option A is the best choice. Option B is incorrect because the communication between a company and its customer has become more interactive and two-sided with the advent of social media. Option C is not necessarily true as entering the global market still carries certain risks. Option D is incorrect as customized product offerings are still required for various regions to cater to local tastes and preferences.

Today's Global Economy Changes Competitive Strategies Because ________