Defining characteristic of global competition

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Reference no: EM1356203

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.

Reference no: EM1356203

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