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Question
Which of the following is not an implication of the globalization of production and markets for competition within an industry?a) Industry boundaries do not stop at national borders so managers must understand what is happening globally.
b) Increasing competitive rivalry in numerous industries
c) Creation of significant opportunities
d) Profit potential of any company rests on their international strategy.
e) All of these are implications of the globalization of production and markets.
Answer
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