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RESEARCH PRODUCT

GLOBALIZATION A REALITY AT THE BEGINNING OF THE 3rd MILLENNIUM

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The paper aims at presenting reality that globalization of business is the most important phenomenon entailed by change within the new economy based on knowledge. Within the context where the domestic markets become no longer narrow and the global markets are offering a place for all competitors and advantages for us all, it is imperative that the management of Romanian organizations mostly those with economic character adapt to these realities as quickly as possible. Regardless the domain where the organizations unfold their activity, regardless their size, business development on an international plan becomes an existential condition.