NEW BUSINESS MODELS, THE RESTRUCTURE OF COMPETITION AND IMPLICATIONS ON BUSINESS MANAGEMENT AND TRADE STATISTICS
Economists and managers should be aware today of the fact that some concepts and economic mechanisms need to be reconsidered in the context of the new aspects of globalization. The appearance of new types of business and new trade patterns on the international stage has led to the restructure of w...
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| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Nicolae Titulescu University
2014-11-01
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| Series: | Global Economic Observer |
| Subjects: | |
| Online Access: | http://www.globeco.ro/wp-content/uploads/vol/split/vol_2_no_2/geo_2014_vol2_no2_art_003.pdf |
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| Summary: | Economists and managers should be aware today of the fact that some concepts and economic
mechanisms need to be reconsidered in the context of the new aspects of globalization. The appearance of new
types of business and new trade patterns on the international stage has led to the restructure of worldwide
competition. “Traditional” competition between companies is replaced, in the context of the “globally
integrated businesses” and the new division of labour based on the “functional” specialization, by new types of
competition. This has a few implications on business management and on foreign trade statistics and analysis
as well. |
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| ISSN: | 2343-9742 2343-9750 |