Multiple Choice
Which of the following is true about the impact of global competition on the business activities in the marketplace?
A) It has shifted the focus in the marketplace from a consumer's market to a seller's market.
B) It has increased product life cycles.
C) It has put more power in the hands of the customer.
D) It has reduced the competitive spirit of most businesses in a marketplace.
E) It has limited the choices of the consumers.
Correct Answer:
Verified
Correct Answer:
Verified
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