During the past two decades, the world economic environment has become increasingly dynamic. To achieve success, executives and marketers must take into account all of the following realities except:
◦ the struggle between capitalism and socialism continues.
◦ the world economy dominates the scene.
◦ the growth of e-commerce diminishes the importance of national barriers.
◦ capital movements have replaced trade as the driving force of the world economy.
◦ production has become "uncoupled" from employment.