The Need of Activities Integration as Effect of Global Economic Crisis
Even though the need for trust-based relationships existed in the prior period, following the global economic crisis event, it becomes a necessity and not just a growth opportunity. Research analyzes types of relationships and strategic alliances, focusing on long term partnerships. This article sees as a business essential element, relationships that are not based on cost advantage or high production volume at a certain moment. Knowledge management is also an essential element, giving us the possibility to outline the image of future managers. Essential characteristics of relationships that should have managed within a supply chain and between different chains have been known since ancient times, but the lack of importance associated with them has led to serious economic effects, as we are able to identify now in the environment.
L20 - Firm Objectives, Organization, and Behavior. General ; M20 - Business Economics. General ; M53 - Training ; O15 - Human Resources; Income Distribution; Migration