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Influence Of Globalization On Logic Of Economic Organization

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  • Radislav Jovovic

Abstract

The aim of this paper is to contribute increasing of knowledge about the impact of globalization on firms and logic of its organizing. That insight includes the views on the nature and essence of a firm which originated since 1937. year and has become the subject of interest economic theory, esspecialy last 30 years, and also some aspects of the nature of the process globalization which has influenced radically the way of structuring a firm. The subject of this paper is complex because of the fact that many issues in this field are opened. A science research is necessary in this field due to a lot of practical question which comes from firms which asked for the way how to align strategy, organization, and environment. We point out that a factor uncertainity has become extremely important in explinaton of existence firm and itsr role in coordination and motivation economic activities. A firm is mechanism for dealing with uncetainity, which is extremely present in the process of globalization.

Suggested Citation

  • Radislav Jovovic, 2005. "Influence Of Globalization On Logic Of Economic Organization," Montenegrin Journal of Economics, Economic Laboratory for Transition Research (ELIT), vol. 1(2), pages 101-101.
    • Handle: RePEc:mje:mjejnl:v:1:y:2005:i:2:p:101
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