The purpose of social co-ordination mechanisms is to co-ordinate the activities of individuals and organisations specialised in the distribution of work. The paper reviews five basic types of mechanisms: market, bureaucratic, ethical, aggressive and co-operative co-ordination. Today’s world...

Globalisation is a fundamental and much discussed phenomenon of our days' economic development. This paper discusses its consequences in manufacturing, using the example of the Hungarian economy, where multinationals and other foreign companies play a key role. First the general nature of...