A major factor causing the narrowing in the scope of the activities of large corporations during the last two decades of the 20^th century was increasing turbulence of the economic environment.

Question

Quizplus · Accepted Answer

The increasing turbulence of the economic environment was indeed a major factor that led to the narrowing in the scope of activities of large corporations during the last two decades of the 20th century. This was due to factors such as globalization, technological advancements, deregulation, and increasing competition, which forced companies to focus on their core competencies and divest non-core businesses.

A Major Factor Causing the Narrowing in the Scope of the Activities