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What is Global Competition in Business? - Definition & Challenges

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

What is global competition?

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1. What is core competency?

2. What invention in history assisted with global competition the most?

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About This Quiz & Worksheet

This quiz and worksheet can help you check your knowledge of global competition and its characteristics. You will need to know what global competition is and how to gain a competitive edge in order to pass the quiz.

Quiz & Worksheet Goals

This quiz and worksheet can help you check your knowledge of:

  • The invention that helped companies with global competition
  • Core competency
  • Challenges of competing globally for companies
  • Definition of global competition

Skills Practiced

  • Making connections - use understanding of the concept of global competition and who is involved
  • Knowledge application - use your knowledge to answer questions about core competency
  • Information recall - access the knowledge you have gained regarding challenges of competing globally

Additional Learning

To learn more about global competition, review the lesson on What is Global Competition in Business? - Definition & Challenges. This lesson covers the following objectives:

  • Determine what global competition is
  • Understand how companies get a competitive edge
  • Identify the challenges companies face when they compete globally
  • Review cultural differences of different countries
  • Learn what made global competition easier
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