Effects of Globalization on the Internationalization and Management of the Activity of the Multinational Companies

Under the conditions of the contemporary economy, the intensification of foreign trade is a fundamental requirement of economic growth, of business internationalization and, implicitly, of economic globalization. On the other hand, business development in the international environment, regardless of the size of the economic entities or their field of activity, tends to become a prerequisite of organizational existence. For this reason, the business strategies must be synchronized with the requirements and demands of the economic globalization. In this context, the authors of the present paper aimed to identify and briefly present the main effects of the globalization on the business internationalization and the management of the multinational companies.