Question: Question 1 6 ( 1 point ) What impact has global competition had on business activities in the international marketplace? It has shifted the focus

Question 16(1 point)
What impact has global competition had on business activities in the international marketplace?
It has shifted the focus from a consumer's market to a seller's market.
It has increased product life cycles.
It has put more power in the hands of the customer.
It has reduced the competitive spirit of most businesses in a marketplace.
It has limited the choices of the consumers.
Question 16(1 point) What impact has global competition had on business

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