'World is flat' view?

'World is flat' view?

• A. A concept that technology and globalization have leveled the playing field for business competition.
• B. A belief that globalization increases all barriers to entry.
• C. A theory that only large firms benefit from globalization.
• D. A view that markets will always remain segmented by culture.

Answer: (A)

The idea being tested is that technology and globalization have lowered barriers and opened access so a wider range of players can compete globally, not just established giants. The best answer captures that flattening effect: technology, digital platforms, and global supply chains let small firms and individuals reach international markets, access resources, and compete on more equal terms. It’s about leveling the playing field and accelerating cross-border collaboration, not about keeping everyone separated or making it harder to enter. Why the other statements don’t fit: thinking globalization raises all barriers is the opposite of flattening, which emphasizes easier entry and broader participation. The notion that only large firms benefit ignores how small entrants can leverage digital tools to compete globally. The view that markets stay culturally segmented misses the reality of global connectivity and cross-cultural exchange facilitated by technology and open networks.

The idea being tested is that technology and globalization have lowered barriers and opened access so a wider range of players can compete globally, not just established giants.

The best answer captures that flattening effect: technology, digital platforms, and global supply chains let small firms and individuals reach international markets, access resources, and compete on more equal terms. It’s about leveling the playing field and accelerating cross-border collaboration, not about keeping everyone separated or making it harder to enter.

Why the other statements don’t fit: thinking globalization raises all barriers is the opposite of flattening, which emphasizes easier entry and broader participation. The notion that only large firms benefit ignores how small entrants can leverage digital tools to compete globally. The view that markets stay culturally segmented misses the reality of global connectivity and cross-cultural exchange facilitated by technology and open networks.