A factor that encourages and enables firms to work together more effectively than ever before is
A)More people are opening small specialized mom-and-pop businesses
B)Competition is contracting in all industries and markets around the world
C)Communication technologies make partnerships much easier than ever before
D)Companies are adopting 3 working shifts

Question

A factor that encourages and enables firms to work together more effectively than ever before is
A)​More people are opening small specialized mom-and-pop businesses
B)​Competition is contracting in all industries and markets around the world
C)​Communication technologies make partnerships much easier than ever before
D)​Companies are adopting 3 working shifts

Quizplus · Accepted Answer

Communication technologies such as email, messaging, video conferencing, and file sharing platforms make it easier for companies to collaborate and work together effectively even if they are located in different parts of the world. This allows for more efficient and streamlined production, faster decision-making, and reduced costs.

A Factor That Encourages and Enables Firms to Work Together