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Cultural Globalization in the Context of International Business

Author

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  • Monica COJOCARU

    (Universitatea din Craiova, Romania)

Abstract

Beyond locating meanings of globalization, and their connection to those of culture and cultural environment of international affairs, in this paper we propose to analyze the significance of this connection as the main motivation for research. Initially, the primary theory of international economic relations has denied aspects of the influence of culture in profit in the international trade. Classical doctrine of international trade theory based on Ricardo explain on a purely commercial gain related strictly to the traditional factors of production. Subsequently, globalization has changed the equation by introducing new variables in international trade. In the current stage of development, companies are increasingly global, while the consumer remains or cultural features distinguishing it emphasizes the international market. The essential question here goes: How do we do global sell to an individual consumer? What role do knowledge and respecting individual cultural or national? The answer is based on the special attention paid to the local consumers of products and services according to the particular consumer experience.

Suggested Citation

  • Monica COJOCARU, 2011. "Cultural Globalization in the Context of International Business," REVISTA DE MANAGEMENT COMPARAT INTERNATIONAL/REVIEW OF INTERNATIONAL COMPARATIVE MANAGEMENT, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 12(5), pages 993-999, December.
    • Handle: RePEc:rom:rmcimn:v:12:y:2011:i:5:p:993-999
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    File URL: https://www.rmci.ase.ro/no12vol5/15.pdf
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    References listed on IDEAS

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    1. Madalina Constantinescu, 2008. "Knowledge Management Through The Lens Of Innovation And Labour Productivity In A Knowledge Based Economy," Journal of Applied Economic Sciences, Spiru Haret University, Faculty of Financial Management and Accounting Craiova, vol. 3(2(4)_Summ).
    2. Ricardo, David, 1821. "On the Principles of Political Economy and Taxation," History of Economic Thought Books, McMaster University Archive for the History of Economic Thought, edition 3, number ricardo1821.
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    Cited by:

    1. Agnieszka Glodowska & Bozena Pera & Krzysztof Wach, 2016. "The International Environment and Its Influence on the Entrepreneurial Internationalization of Firms: The Case of Polish Businesses (Miedzynarodowe srodowisko i jego wplyw na miedzynarodowa przedsiebi," Problemy Zarzadzania, University of Warsaw, Faculty of Management, vol. 14(62), pages 107-130.

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    More about this item

    Keywords

    global culture; international business; cultural homogenization.;
    All these keywords.

    JEL classification:

    • F59 - International Economics - - International Relations, National Security, and International Political Economy - - - Other
    • M16 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - International Business Administration

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