The Impact of Globalization to Modern Management

Abstract

Need of understanding of essence of globalization process for the adoption of strategic decisions and effective management of the entity is shown in article. The new requirements to the entities based on the internal and external revaluation of the values connected with globalization are provided. A number of the fundamental questions facing managers of the entities and connected with global rivalry is considered. Requirements to an enterprise management system for effective work of heads and staff of the entity and the successful competition in the international market are determined.