Final answer:
It is true that organizations need to be more than just flexible to succeed in today's competitive global business environment. Globalization and technology have increased competition, and businesses have to be innovative, efficient, and responsive to customer demands.
Step-by-step explanation:
The statement that successful organizations need to be more than just flexible to compete in today's business world is true. The forces of globalization and advancements in communications and information technology have dramatically increased the level of competition. This is because they allow companies from all over the world to compete in markets that were previously local or regional. Now firms must consider not only how flexible they are, but also how innovative, efficient, and responsive they are to customer needs in order to sustain themselves in a highly competitive global market.
Moreover, business organizations such as sole proprietorships, partnerships, and corporations face competition from businesses that offer better or cheaper products, which could impact their profits and could potentially drive them out of business, affecting workers' income and employment status. To ensure market success, strategies geared towards true sustainability and adaptability in light of increased competition are essential for any business organization.