Question

In the fast changing, competitive environment, new global realities are emerging, which include all of the following needs except:

Answer 1

The correct option is E) to deliver success.

In the fast changing, competitive environment, new global realities are emerging, which include all of the following needs except to deliver success.

A New Global Competitive Environment:

According to Carl J. Dahlman from Georgetown University, economists have historically thought that factors like capital, labor and other input costs, and the overall business climate all affect how competitive an industry is.

Some key features of global competitive environment are-

• In a more dynamic environment where technological advancement and communications allow for the creation and dissemination of knowledge at ever-increasing rates, competitiveness is predicated more and more on the capacity to keep up with quick organizational and technological advancements.
• Based on national requirements and objectives, different countries have different innovation agendas and specific strategies.
• Governments in several countries are putting American-style policies into practice.
• Some of these successful models were developed in Europe and East Asia, which leaders believe are better suited to the competitive reality of the global economy of the twenty-first century.

To know more about the Global Competition, here

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The complete question is-

In the fast changing, competitive environment, new global realities are emerging, which include all of the following needs except:

A) to be cost effective.

B) to be customer driven.

C) to deliver best quality.

D) to deliver quickly.

E) to deliver success.