Final answer:
Decreasing technological innovation is not considered a major challenge for managers to remain competitive, contrary to embracing technology as a means to improve competitiveness.
Step-by-step explanation:
The major challenges managers must overcome in order to remain competitive, according to CEOs of U.S. corporations, include globalizing the firm's operations to compete in the global village, encouraging positive ethics, character, and personal integrity, and leading a diverse workforce. These reflect the ongoing trends of increased globalization, the demand for ethical leadership, and the management of workforce diversity. However, decreasing technological innovation in the workplace is not considered as one of the major challenges managers face. In fact, managers are looking at embracing technological advancements to stay competitive. It's apparent that increased competition due to globalization is a significant factor, and managers are expected to leverage new technologies to improve their firms' competitive edge.
Answer: b. Decreasing technological innovation in the workplace