Globalization Can Be Either a Threat or Opportunity for Organizations

question 54

True/False

Globalization can be either a threat or opportunity for organizations, depending on their ability to adapt to relevant changes.

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Definitions:

Owner Personality

The unique set of personal traits and characteristics of a business owner that influences their decisions and leadership style.

Personal Branding

The practice of marketing oneself and one's career as a brand, highlighting unique skills, values, and experiences.

Company's Success

Refers to the achievement of a company's goals and objectives, leading to its growth, profitability, and long-term sustainability.

Promotion

Marketing efforts aimed at increasing awareness of a product or service to boost sales and enhance brand visibility.