Final answer:
Technological advancements and globalization are the two most critical factors for organizational performance in competition. These factors have increased competition by allowing global transactions and influencing many industries.
Step-by-step explanation:
In the context of the new management environment, the two critical factors for ensuring organizational performance against competition are the advancements in technology and the forces of globalization. The explosion of new communication and information technologies has not only revolutionized how businesses operate but also increased the reach of commerce, allowing for consumers and businesses to engage in transactions across the globe. This, in turn, has led to an increase in competition from various regions and countries, making markets much more competitive.
For example, local retail businesses now compete with online sellers who can provide the same products to consumers around the world. Similarly, business-to-business websites have made it easier for companies to find suppliers or buyers, thereby increasing competition in various industries. As a result, any firm's ability to adapt and leverage these technological advances and navigate the waters of a global market is pivotal for competitive performance.