Abstract

Globalization processes and internationalization of business activities have an impact on management issues. Conducting business activity in the supra-national dimension forces the need for a different view of perceiving a number of phenomena. These issues are strongly emphasized by the authors in their article. They emphasize not only the complexity of the process of making managerial decisions, but also the need, even the necessity, of continuous improvement of competences by persons holding managerial functions. The study emphasizes the necessity of analysing the environment, as well as forecasting the development of the situation, especially in the longer term. In the presented description, the authors go beyond the conventional description, adding new issues and threads, emphasizing in particular the growing role of human capital in managing organizations, and - which has not been clearly emphasized - their deliberations focus on the European economic area.

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