Final answer:
Enhanced market competition is a concern as firms move toward globalization.
Step-by-step explanation:
The concern that arises as firms move toward globalization is enhanced market competition. Globalization and new communications and information technology have increased the level of competition that many firms face by increasing the amount of competition from other regions and countries. This means that as companies expand their operations globally, they will have to compete with other firms not only in their home market but also in international markets.