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Copyright J.J. Strossmayer University of Osijek, Faculty of Economics 2014

Abstract

Globalization as an ongoing process allows and promotes the development of economy of big countries as well as developing countries that are seeking their place in the global market. Interactive communication has been enabled between people, companies, civil society organizations and other institutions, whose needs can be met over the internet anywhere in the world and at any time. Also, professional and competent human resources are needed and therefore it is necessary to invest in new knowledge, innovation, new technologies and lifelong learning. In this environment, management sets its strategic goals through which it will be able to carry out the plans for the sale of products or services. Nowadays, a manager has to have interdisciplinary skills and lifelong education because only in this way it is possible to respond to the constant and rapid changes in the world. We are witnesses that Europe has reunited in order to compete with the less developed countries with their products and services. Europe has long refused to accept the managerial style of governance, particularly in public administration and is therefore far behind the U.S., but also the Third World countries. Until recently, European public administration was more focused on the implementation of laws and regulations and less on managerial governance of the U.S. type. Global environment requires the continuous research, monitoring competition, innovation and the ability to change rapidly.

Details

Title
GLOBALIZATION AND MANAGEMENT
Author
Stros, Danimir; Coner, Maja; Bukovinski, Daniel
Pages
425-436
Publication year
2014
Publication date
2014
Publisher
J.J. Strossmayer University of Osijek, Faculty of Economics
ISSN
0353359X
e-ISSN
18472206
Source type
Scholarly Journal
Language of publication
English
ProQuest document ID
1645742855
Copyright
Copyright J.J. Strossmayer University of Osijek, Faculty of Economics 2014