International Management, Differentiating Factors, and its Relation to Culture

The world has globalized more than ever today. Companies from different countries compete in the global market place fiercely. The quick development of globalization is referred to various factors involving the immense usage of technology and its accompanying uses in international management. Political developments allow cross-border trade agreements and global competition for increasing numbers of consumers has been improving around the world. Emerging economies are gaining more power, the middle-class consumer profile is growing and the need for enhanced productivity and consumption in developed states instigates their economies. The increasing globally interconnectivity flattens the world. Thus, in the world where the globalization is uniting countries, economies and cultures, the issue of international management has gained much importance. The aim of this article is to review the issue with respect to international management, the effect of culture and make implications regrading to intercultural management resting on comprehensive and credible international publications.