Competition and cooperation in the globalization process of economy

Ioan Cosmescu and Denisa Cosmescu
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Ioan Cosmescu: University "Lucian Blaga" of Sibiu, Romania
Denisa Cosmescu: L.C. Welmarketing Romania

Annals of the University of Petrosani, Economics, 2002, vol. 2, 15-17

Abstract: By globalization we understand a relatively recent process which consists in creating a world market. This can be possible due to the leveling the consumers’ needs and product standardization, as well as to an unbelievable development of communications and mass media

Keywords: world market; highly competitive market; a specific stage of capital internationalization (search for similar items in EconPapers)
Date: 2002
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