Final answer:
Organizations face challenges in the present global environment due to increased competition from other regions and countries, rapid technological advances, and changing customer expectations.
Step-by-step explanation:
Challenges organizations face to be competitive in the present global environment:
- Increased competition from other regions and countries: The forces of globalization and new communications technology have opened up markets to companies from all over the world, which means organizations now have to compete with a larger number of competitors.
- Rapid technological advances: Organizations must constantly adapt and keep up with the latest technology trends to remain competitive. Failure to do so may result in losing customers to competitors who offer more innovative solutions.
- Changing customer expectations: In a global environment, organizations face the challenge of catering to diverse customer preferences and meeting their evolving expectations. This requires understanding different cultural nuances and tailoring products or services accordingly.