Final answer:
The competitive dimension involves rivalry among businesses for customers and profits, significantly influenced by globalization and advancements in communication and information technologies.
Step-by-step explanation:
The force of the business environment that involves the rivalry among businesses for customers and profits is referred to as the competitive dimension. This dimension is characterized by the need for organizations to outperform one another by providing better or cheaper products and services. High levels of competition can lead to reduced profits for companies, and extreme cases may result in businesses having to close down, which in turn affects the employees' income and job security. The competitive landscape has been dramatically transformed by forces such as globalization and advancements in communications and information technology, which have broadened the market and intensified the level of competition both from local and international players.