Globalization of companies

Description:

In economic terms, globalisation refers to the growing economic integration of the world, as trade, investment and money increasingly cross international borders (which may or may not have political or cultural implications).
As more companies expand globally their consulting partners also expland their territories.

Enablers:

1. Growth of the companies
2. Development of Information Communication Technologies (ICT)
3. Growth Saturation of local market

Inhibitors:

1. Political instability
2. Increase of natural disasters
3. Strong regulations

Paradigms:

Competition among consulting firms increase.

Experts:

Thomas L. Friedman http://www.thomaslfriedman.com/

Timing:

• World Trade Organization (WTO)

Web Resources:

[1] http://en.wikipedia.org/wiki/Globalization
[2] http://news.bbc.co.uk/2/hi/in_depth/business/2007/globalisation/default.stm