Impact of Multiculturalism on the Industrial Enterprises Management

In the current stage of globalization and the of the global society development, migration of population is an important component of demographic development. It has become an important phenomenon of the modern world economy. Free movement of labour force, along with the free movement of goods, capital and services, represents one of the four freedoms. The essential feature of demographic development in the states of the West, Central and Eastern Europe is decrease of the working-age population. The solution to this situation seems to be the employment of foreigners, which, however, brings about the confrontation of cultures, religions, laws and standards. It is simultaneously important to recognize, accept and appreciate the differences that arose within a different cultural context, and to benefit from the managerial approaches that also arose in that environment. Diversity management can thus become an effective tool of increasing the efficiency of industrial enterprises.