What are the major waves of change that are part of the challenges of managing a business in the new competitive landscape? (Choose every correct answer.)Multiple select question.Workforce diversityGlobalizationCollaboration across organizational boundariesCost competitivenessThe importance of knowledge and ideasEmotional intelligenceTechnological change
Question
What are the major waves of change that are part of the challenges of managing a business in the new competitive landscape? (Choose every correct answer.)Multiple select question.Workforce diversityGlobalizationCollaboration across organizational boundariesCost competitivenessThe importance of knowledge and ideasEmotional intelligenceTechnological change
Solution
The major waves of change that are part of the challenges of managing a business in the new competitive landscape include:
- Workforce diversity
- Globalization
- Collaboration across organizational boundaries
- Cost competitiveness
- The importance of knowledge and ideas
- Technological change
Emotional intelligence, while important in managing a business, is not considered a major wave of change in the competitive landscape.
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