In modern conditions, the following main directions are distinguished, in which the process of globalization is developing most intensively: the formation of global monopolies (oligopolies); globalization of the financial sector; regionalization of the economy. The process of the emergence of global monopolies is developing simultaneously in two directions: first, through the formation of a global […]
Tag: Group
The essence and main forms of international economic relations
The process of development of the world economy is closely interrelated with the evolution of the development of international economic relations. International economic relations (IER) and the world economy are in a close logical and historical relationship. IEOs are a prerequisite for the formation of the world economy, and in the twentieth century they have […]
Three typical competitive strategies (according to the theory of M. Porter)
In 1985, in the work “Competitive Strategy”, M. Porter introduced the concept of universal strategies and identified three main types of strategy: cost leadership, differentiation, focus. Table 2 Resource requirements by component Porter Matrix Competitive advantage Low costs Differentiation Area of competition Broad Purpose Cost leadership Differentiation Narrow purpose Focus on costs Focus on differentiation […]