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Globalization And It’S Influence On The Romanian Business Environment

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  • ARMENIA ANDRONICEANU

    (The Bucharest Academy of Economic Studies)

Abstract

The main objective of this paper is to present and analyse how globalization is influencing the international business environment and what kind of impact is generating it on the Romanian business environment. As can be seen the organizations all over the world operate in a hyper-turbulent change-intensive environment. They use various change processes, such as outsourcing, downsizing, and reengineering, to ensure the continued success of the firms. An organization in its effort to adapt to these environmental changes faces the problem of adjusting and controlling the reactive changes. The final part of the paper is including several recommendations for the Romanian business environment in order to become more effective in the context of globalization.

Suggested Citation

  • Armenia Androniceanu, 2011. "Globalization And It’S Influence On The Romanian Business Environment," International Conference Modern Approaches in Organisational Management and Economy, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 5(1), pages 22-27, November.
    • Handle: RePEc:rom:cmanag:v:5:y:2011:i:1:p:22-27
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    References listed on IDEAS

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    1. Carmen Nadia CIOCOIU, 2011. "Integrating Digital Economy And Green Economy: Opportunities For Sustainable Development," Theoretical and Empirical Researches in Urban Management, Research Centre in Public Administration and Public Services, Bucharest, Romania, vol. 6(1), pages 33-43, February.
    2. Sorin BURLACU, 2011. "Characteristics of Knowledge-Based Economy and New Technologies in Education," REVISTA ADMINISTRATIE SI MANAGEMENT PUBLIC, Faculty of Administration and Public Management, Academy of Economic Studies, Bucharest, Romania, vol. 2011(16), pages 114-119, June.
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    More about this item

    Keywords

    globalization; business environment; direct foreign investment;
    All these keywords.

    JEL classification:

    • F23 - International Economics - - International Factor Movements and International Business - - - Multinational Firms; International Business

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