Final answer:
The question addresses 'Technological risk' which relates to the potential advantage competitors might have due to their use of technology. This risk is magnified by globalization and information technology, which allow for greater competition from various regions or countries.
Step-by-step explanation:
The question 'General IT Competitor tech advantage is considered which of the following risks?' refers to the type of risk that a business faces when its competitors have a technological advantage. The correct answer to this question is Technological risk. This kind of risk arises when competitors utilize technology to gain an edge in areas such as product development, operational efficiency, or customer service. The forces of globalization and new communications and information technology have compounded this risk by enabling competitors from various regions and countries to compete more effectively. As for the concerns about how technology impacts company size and market dynamics, it could lead to a varied landscape where small firms can expand their reach due to technology, or large firms may dominate due to 'winner-take-all' markets and the ability to manage operations globally more efficiently.