Globalization has presented challenges including the emergence of new, powerful competitors in many industries.

Question

Quizplus · Accepted Answer

Globalization has led to the emergence of new, powerful competitors in many industries, as companies from different countries now have access to global markets and compete with each other. This has presented challenges for many traditional companies that now face increased competition and need to adapt to stay competitive.

Globalization Has Presented Challenges Including the Emergence of New, Powerful