Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
10488848 | Journal of World Business | 2005 | 13 Pages |
Abstract
Globalization causes dramatic changes in business environments both in terms of their degree and swiftness. Forecasting such changes is crucial for the preparation of responses by the affected parties. This article reports on a Delphi study conducted with a set of experts drawn from the policy, business and academic communities ranging from the megamarkets of the world to the emerging and developing ones. Over three rounds of interchange, these experts analyzed and debated the likelihood of changes in the international business environment over the next decade and the impact of these changes on policy and on corporate practices. The findings identify major sectoral transformations, shifts in the trade framework and its institution, and strategies for corporate adjustment. In some cases, these phenomena occur in different geographic areas with diverse effects.
Related Topics
Social Sciences and Humanities
Business, Management and Accounting
Business and International Management
Authors
Michael R. Czinkota, Ilkka A. Ronkainen,