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Global Competition's Effect on Decision-Making

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How does global competition affect the decision-making process in an organization? Keep in mind, all organizations face global competition even if your company is not global. Explain your answer.

© BrainMass Inc. brainmass.com October 15, 2018, 3:04 pm ad1c9bdddf - https://brainmass.com/business/international-business-management/global-competition-effect-decision-making-141425

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The increasing globalization and advent of companies into global markets means that even if a company is operating in the global markets or not, it is bound to be affected by the global competition. ...

Solution Summary

How does global competition affect the decision-making process in an organization? Keep in mind, all organizations face global competition even if your company is not global. Explain your answer.

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