Question

For any organization, operating in the global market environment in the 21st century requires various types of management competences. Which of the following is not one of the competences required?

• A. Analytic competence in assessing opportunities and selecting markets for entry.
• B. Strategic competence to ensure successful market entry and ongoing management.
• C. Leadership competence to enforce regular downsizing and de-layering to maintain a high level of efficiency.
• D. Operational competence to manage and coordinate the global marketing effort.

Answer 1

The correct option is C Leadership competence to enforce regular downsizing and de-layering to maintain a high level of efficiency.

• As boundaries between cultures and nations get blurred and new communication technology makes it possible to think of the world as a ‘global village’, the scope of international and intercultural relationships is rapidly expanding.
• The modern organisation is a global organisation that has to be managed in a global perspective.
  
• For any organization, operating in the global market environment in the 21st century requires various types of management competences. Few of them being, leadership competence to enforce regular downsizing and de-layering to maintain a high level of efficiency.