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What are the main drivers of the global economic process.
Member rating: No Rating | Words: | Submitted: Mon Jun 19 2006
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"A global company is one which operates with resolute constancy at low relative cost-as if the entire world (or major regions of it) were a single entity; it sells the same things in the same way anywhere." T. Levitt, 1983, HBR. Nowadays, the world-wide economy tends to be unified and each country looks for the most favourable way to be inserted in it, converting separate national economies into an integrated world economy. Globalisation is one of those subjects which means something different to everyone. We all know that it is important, but what exactly is it? Many theorist try to define it, searching for the most accurate way to explain it, but in general it could be say, that globalisation is a multidimensional process that acts on every spheres of life, marked mainly through the economic one, and affecting the relations of all types between different actors such as national and...
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