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The most important effects of globalization
High rate of growth: trade exchanges lead to higher growth rate, and the exchange between nations gave opportunities for companies to expand market shares and thus to raise their growth rates
Convergence in technologies and management systems: the global economy and international exchanges led to the publication and dissemination of technologies and approaches in all fields of the management, steering and productivity, and the company find themselves required to update its management patterns and production patterns, in order to be in the level of confrontation ability to survive
Pressures on the company's directives and decisions:the globalization affect on the orientations of the company in terms of its tasks and policies and in general on their strategies because the global economy is heading into structures dominated by an oligopoly,
Instability of the financial situation of the company : the company bears all the crises that occur in the level of financial markets through the exchange rate, interest rate, this is what leads to the impact of the financial situation of the institution and reduces external funding opportunities and be costly
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