In the context of global economic crisis, the management of multinational organizations have undergone significant changes, becoming more sensitive at the strategic matters. In the managerial leadership multinationals are faced again with the eternal dilemma: choosing a foreign manager in the...

The current trend of the world development economy entails the thorough analysis of the relation between globalization and regionalization. Although some economic analysts consider regionalization as a reaction to globalization of the certain countries, we notice that on microeconomic level this...