Competition in the Global Business Environment: Explanation & Examples

Instructions:

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

question 1 of 3

Which of the following BEST describes the type of competition faced in the television industry?

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1. Why has global competition soared?

2. Which of the following are the focus of international companies?

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About This Quiz & Worksheet

Measure your knowledge of competition in the global business environment with this quiz/worksheet assessment. To successfully complete this quiz, you should understand the specific global competition strategies of specific companies and what global companies focus on.

Quiz & Worksheet Goals

When you take this quiz, you must be prepared to:

  • Select a word that describes the type of competition faced by the television industry
  • Explain the growth of global competition
  • Identify the focus of international companies
  • Note how KFC modified their strategic plan when they entered the Japanese market
  • List things that Facebook offers to compete with other technology companies

Skills Practiced

  • Reading comprehension - ensure that you draw the most important information from the lesson, such as what international companies mainly focus on
  • Interpreting information - verify that you can read information about why global competition has soared and interpret it correctly
  • Knowledge application - use your knowledge to answer questions about global practices used by Facebook and KFC

Additional Learning

Increase your understanding of this topic by reviewing the lesson titled Competition in the Global Business Environment: Explanation & Examples. Details you will find in this lesson include:

  • How global competition is defined
  • On what levels worldwide companies compete
  • Why international companies must compete for good employees
Final Exam
Creating a Framework for Competitive Analysis
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