Question

Companies that fail to formulate adequate responses to the challenges and opportunities of globalization will face all of the following consequences except?

1) getting absorbed by visionary enterprises
2) getting absorbed by dynamic enterprises
3) becoming locally profitable enterprises
4) undergoing wrenching transformations
5) simply disappearing from the business horizon

Answer 1

Companies that fail to respond to globalization may face consequences such as absorption by visionary/dynamic enterprises, transformation, or disappearance. However, becoming locally profitable is not one of the consequences.

Step-by-step explanation:

Companies that fail to formulate adequate responses to the challenges and opportunities of globalization may face several consequences. These include getting absorbed by visionary or dynamic enterprises, undergoing wrenching transformations, and simply disappearing from the business horizon. However, becoming locally profitable enterprises is not one of the consequences that they will face.