As a result of recent changes in the global socio-economic environment and technological advances, the leaders of many large companies see an opportunity to expand the integration and coordination of their business. This phenomenon is called globalization. Latest theories and ideas associated with the globalization of business are discussed and applied through a comparison of the four corporations that operate around the world. The comparison looks at how these firms operate in the development of a more capable and well-informed managers working in organizations that have become more dynamic and flexible in response to changes in the business environment. Four of Asea Brown Boveri (ABB), General Electric (GE) of the United States, Hitachi Japan and Siemens of Germany. "Hide
by Erich Joachimsthaler, Martin Helmstein, Rolf Leppanen 21 pages. Publication Date: March 1, 1993. Prod. #: IES082-PDF-ENG