General Studies · Organisational Environment
Consider the following statements regarding Globalisation as a driving force of organisational change: Statement 1: Globalisation acts exclusively as an opportunity for organisations by providing access to international markets and a diverse talent pool. Statement 2: The threat of competition from global rivals with superior cost or capability positions compels organisations to continuously improve their efficiency, innovation, and responsiveness. Which of the statements given above is/are correct?
- 1Statement 1 is false, but Statement 2 is true.✓
- 2Statement 1 is true, but Statement 2 is false.
- 3Both statements are false.
- 4Both statements are true.
Correct answer
Statement 1 is false, but Statement 2 is true.
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