CONSIDERATIONS ON THE GLOBALIZATION PROCESS IN MODERN ECONOMY
At present, the society is being hit by a wave of changes that have led to the redefining of firm place and role in the modern economy. Globalization has brought about changes in managerial model, the manager in this context being forced to be acquainted with the innovations in the field occurring...
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| Format: | Article |
| Language: | English |
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Editura Univeristatii "Stefan cel Mare" din Suceava
2019-12-01
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| Series: | USV Annals of Economics and Public Administration |
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| Online Access: | http://annals.seap.usv.ro/index.php/annals/article/view/1190/976 |
| Summary: | At present, the society is being hit by a wave of changes that have led to the redefining of firm place and role
in the modern economy. Globalization has brought about changes in managerial model, the manager in this context
being forced to be acquainted with the innovations in the field occurring in the world, with the trends of market
evolution and even with the developing perspectives of global competitors.
The present paper aims to surprise the process of globalization, starting from an apparently simple question:
what novelty has this process of economy globalization brought about? The paper presents the impact of the process of
globalization on a global basis starting from the fact that the events occurring in a country have become strongly
connected with what is happening in other countries of the world.
Therefore, while markets are becoming independent and companies are coordinating their strategic activities
abroad, competitiveness begins to play a more significant role. Due to this fact, the consequences of competitive
success or failure on a national market will have an outstanding impact on the whole competitiveness of the company,
being felt all over the world. |
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| ISSN: | 2285-3332 2344-3847 |