The defining characteristic of global competition isthat, Ask an Expert

Management Studies

The defining characteristic of global competition is?

that driving forces and key success factors are the same in all country markets

a single price for the product worldwide
that the same five competitive forces are present in all country markets

a market situation where competitive conditions across national markets are linked strongly enough to form a true international or world market and where leading competitors compete head to head in many different countries

All of the above combine to identify the important characteristics of a globally competitive market.

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Business Management, Management Studies

Category:- Business Management
Reference No.:- M9735822

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