<abstract xmlns="http://www.w3.org/1999/xhtml">

<p>Under the conditions of the contemporary economy, the intensification of foreign trade is a fundamental requirement of economic growth, of business internationalization and, implicitly, of economic globalization. On the other hand, business development in the international environment, regardless of the size of the economic entities or their field of activity, tends to become a prerequisite of organizational existence. For this reason, the business strategies must be synchronized with the requirements and demands of the economic globalization. In this context, the authors of the present paper aimed to identify and briefly present the main effects of the globalization on the business internationalization and the management of the multinational companies.</p>
</abstract>

Under the conditions of the contemporary economy, the intensification of foreign trade is a fundamental requirement of economic growth, of business internationalization and, implicitly, of economic globalization. On the other hand, business development in the international environment, regardless of the size of the economic entities or their field of activity, tends to become a prerequisite of organizational existence. For this reason, the business strategies must be synchronized with the requirements and demands of the economic globalization. In this context, the authors of the present paper aimed to identify and briefly present the main effects of the globalization on the business internationalization and the management of the multinational companies.

Effects of Globalization on the Internationalization and Management of the Activity of the Multinational Companies

International conference KNOWLEDGE-BASED ORGANIZATION

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Under the conditions of the contemporary economy, the intensification of foreign trade is a fundamental requirement of economic growth, of business...

Effects of Globalization on the Internationalization and Management of the Activity of the Multinational Companies

Published Online: Jul 05, 2022

Page range: 75 - 80

DOI: https://doi.org/10.2478/kbo-2022-0052

Keywords
economic globalization, international affairs, multinational companies, management

© 2022 Leontin Stanciu et al., published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Effects of Globalization on the Internationalization and Management of the Activity of the Multinational Companies

Published Online: Jul 05, 2022

Page range: 75 - 80

DOI: https://doi.org/10.2478/kbo-2022-0052

Keywordseconomic globalization, international affairs, multinational companies, management

© 2022 Leontin Stanciu et al., published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Keywords
economic globalization, international affairs, multinational companies, management