The new buzzword in business is globalization. The world is becoming more interdependent as countries join together for economic purposes and reduce their trade barriers. The European Economic Community is probably the best example of this growing trend. Such changes not only affect corporate giants, but small local businesses as well. Eighty percent of all businesses in the United States now face international competition, according to Robert Frederick, chairperson of the National Foreign Trade Council (Schermerhorn, Hunt, & Osborn, 1991, p. 72).
© 1992 by the Board of Student Publications, University of Northern Iowa
"Staffing Strategies for Global Corporations,"
Draftings In: Vol. 7
, Article 4.
Available at: https://scholarworks.uni.edu/draftings/vol7/iss1/4