Final answer:
The impact of new information and communication technologies on the size and competitiveness of firms is an ongoing debate in the business world.
Step-by-step explanation:
The question explores the potential impact of new information and communication technologies on the size and competitiveness of firms. While the availability of technology may facilitate small firms reaching out to a larger customer base, it also has the potential to create winner-take-all markets dominated by one large company. Additionally, improved information and communication technologies can make it easier for larger firms to manage operations across different locations. This ongoing debate between small and large firms' forces is of great interest to economists, businesspeople, and policymakers.