WINNING CHALLENGE IN THE ERA OF GLOBALIZATION: THE MASTERY OF BUSINESS MANAGEMENT AND DEVELOPMENT

As the speed of knowledge generation and innovation has increased dramatically, organizations need to engage in external networks to optimize their business and develop activity. Management in the era of globalization has become a big challenge for the organizations. Prior research suggests and it has long been recognized that business management and it's development competencies are very important factors for success and winning. As earlier studies have only tangentially touched the construct, our research focuses on analyzing the mastery of business management and it's development in the era of globalization attention paying to management science of this issue.