Cross Borders Companies and Worldwide Industry Management: past, present, and future for businesses at time of slowbalization.

  1. Geoffrey Ditta 1
  1. 1 Universidad Nebrija
    info

    Universidad Nebrija

    Madrid, España

    ROR https://ror.org/03tzyrt94

Revista:
Academicus International Scientific Journal

ISSN: 2079-3715 2309-1088

Año de publicación: 2022

Volumen: XIII

Número: 26

Páginas: 78-92

Tipo: Artículo

Otras publicaciones en: Academicus International Scientific Journal

Resumen

Emerging markets are once again gaining the upper hand. According to the World Bank, current market trends indicate that emerging economies will account for more than 70% of global economic output by 2050. With the economic enigmas and the return of emerging economies, three billion new people have suddenly integrated into the global economy, all at once: one and a half billion Chinese, one billion Indians, and half a billion people from the former Soviet bloc. How then can the strategy that predominates in the internationalization of a company be identified? In this studywe will define the necessary internal organization of a company and its activities and establish what changes must be made in the internal structure of employees regarding quantity, qualification, training and facilities for machines, technology, processes, and quality control. Before starting to promote the company internationally, it is advisableto check whether the brand can be used or whether it should be changed. In 2020, the COVID-19 pandemic had profoundly affected international trade, investment and travel. The pandemic has slowed the physical movement of people, goods and services, which is also the slowbalization thesis, and this now deserves careful consideration.The goal of this paper is to examine the objective of internationalization and the international development of companies. In this study are introduced the theoretical basis and a discussion on how exporting companies need nowadays to ask the right questions and how the analysis of the economic management can help internationalizetheir business. The second part of the study includes the results and conclusions.