The Dynamic Nature of Globalization Creates Increasing Competition for All

question 20

True/False

The dynamic nature of globalization creates increasing competition for all companies everywhere, as managers begin to see the entire world as an opportunity.

---

Definitions:

Dichromat

A person who is sensitive to black–white and either red–green or blue–yellow and hence is partially color–blind.

Bichromat

An individual with the ability to perceive only two of the three primary colors due to a form of color vision deficiency.

Monochromat

A person who is sensitive to black and white only and hence color–blind.

Sensitization

An increase in responsiveness to a stimulus following its repeated presentation, often leading to the enhancement of a response.