Question

During the past two decades, the world economic environment has become increasingly dynamic. To achieve success, executives and marketers must take into account all of the following realities except:

A) capital movements have replaced trade as the driving force of the world economy.
B) production has become "uncoupled" from employment.
C) the world economy dominates the scene.
D) the struggle between capitalism and socialism continues.
E) the growth of e-commerce diminishes the importance of national barriers.

Answer 1

Executives and marketers need to consider various global economic realities, such as the dominance of capital movements, the decoupling of production from employment, the predominance of the world economy, and the reduced importance of national barriers due to e-commerce. However, the struggle between capitalism and socialism is generally not a current concern in the global economic climate.

Step-by-step explanation:

During the past two decades, the world economic environment has become increasingly dynamic. To achieve success, executives and marketers must take into account certain realities. Among the options provided, executives and marketers must consider that:

Capital movements have replaced trade as the driving force of the world economy.

• Production has become "uncoupled" from employment.
• The world economy dominates the scene.
• The growth of e-commerce diminishes the importance of national barriers.

However, the reality that the struggle between capitalism and socialism continues does not usually represent a current economic trend that they need to consider given that most economies have embraced some form of market capitalism, and direct conflicts between these economic systems are less pronounced in the global economic environment.