During the 21st Century,the Complexity of the Challenges Posed by Disruptive,digital

question 16

Multiple Choice

During the 21st century,the complexity of the challenges posed by disruptive,digital technologies and accelerating rates of change has encouraged companies to:

• A)Shift their strategic focus towards the growth markets of Asia,Africa,and Latin America.
• B)Rejecting shareholder value maximization in favor of maximizing stakeholder interests.
• C)Depend increasingly upon strategic alliances and other forms of collaboration.
• D)Prefer mergers and acquisitions to organic growth.

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Definitions:

Cultural Relativism

The principle that an individual's beliefs and activities should be understood by others in terms of that individual's own culture, emphasizing the idea that there are no universal standards of cultural superiority or inferiority.

Superior

Relating to someone or something that exhibits excellence or higher quality in comparison to others within a specific context or general hierarchy.

Sapir-Whorf Hypothesis

The assertion that language influences how we perceive the world (also known as linguistic determinism).

Social Scientists

Researchers specializing in disciplines that study society and human behavior, such as sociology, psychology, and anthropology.