According to Michael Hitt, a major change that successful companies will have to navigate through in the new millennium involves:

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Michael Hitt suggests that one major change that successful companies will have to navigate through in the new millennium is globalization, which emphasizes the increasing interconnectedness of economies, markets, and businesses worldwide. This involves dealing with a range of challenges such as cultural differences, political and legal issues, and economic uncertainties that require adaptation and flexibility to effectively leverage opportunities in the global marketplace.

According to Michael Hitt, a Major Change That Successful Companies