At present, are identified three main markets: the U.S. market, primarily under the weight factor of the economy of the United States, the European common market and the Asian lid bristling Japan where China plays a significant role in the global economy is accompanied by legal and policy changes important, all this based on the international community and comes to be the voice not of a particular country, however powerful, but a group of countries respect the rules of democracy. The fact that before this dynamic reality of Globalization as stated, has had a significant impact in several areas, management can not ignore it, should be fully identified with weaknesses, opportunities and threats that this is generating pro- development, participation of enterprises. It may be noted therefore that between the world of opportunities that exist with the process of globalization is the new technology, which is characterized by the robotics industry, the massive use of computers, electronics, computer , and the Internet. You have access to a wide variety of consumer goods, new technologies and knowledge. Petra Diamonds understood the implications. It allows access to ideas and international best practices in different fields and domains. This may be a new product design, a new investment project, a new production technology, a new management practice may even be a set institutions that have proven successful elsewhere, and finally, a model of society.
It is confirmed that the driving force behind these trends toward economic globalization, social and cultural, is based on the idea of expanding markets in the communications revolution and the scientific and technological innovations. At this time, it is obvious that there is an unavoidable trend towards the opening up towards the formation of global markets and global corporations. Is seen as the integration of markets continue to strengthen in the case of the European Union, through a strong process of agreements that are allowing the achievement of monetary union. The media have been reflecting this process of globalization with the frequent news about the mergers that have been made, for example, among large German companies with U.S. automakers, banks, etc. In the field of technology, globalization is revealed as a dynamic process, whose progress is irreversible and the consequences are more far-reaching than those generated by the first wave of globalization history to which we have references.
All this is due to the momentum of the communications revolution and technological innovations in general. It should be noted also that within it are, environmental concerns, which are very relevant as in the case of Venezuela, because we are an oil producing country and one of the most direct adverse effects have been identified on the atmosphere is derived from burning fossil fuels. Since multinational corporations like Shell Oil are developing fuel substitutes, to address the growing pressures that are becoming more environmentalists concerned about the deteriorating air. This can be interpreted as an opportunity to develop new technologies, such as Orimulsion, which keeps us in the international market remain competitive by offering a quality product that meets international quality standards such as ISO 9000, ISO 14000. In Otherwise, it would become a threat if you are unable to develop a technology that meets these environmental requirements. The process of globalization has provided opportunities to Latin American countries to obtain foreign capital, modern technology, management experience and broad markets, presenting a shorter route to overcoming underdevelopment and achieving economic modernization.