Complement of 36°

question 128

Multiple Choice

Complement of 36°

Definitions:

Globalization

The process by which businesses or other organizations develop international influence or start operating on an international scale.

Competitive Advantage

The attributes or conditions that allow a company to produce goods or services better or more cheaply than its competitors, leading to a favorable position in the market.

Adaptive

Characterized by or denoting the capacity to adjust to new conditions or environments for better survival or functionality.

Flexible Organizations

Organizations that are able to adapt quickly to changes in the market or environment, often through the utilization of adaptable strategies, structures, and work processes.