ZHYLENKO Katherine, Ph.D., Assistant Professor Dniprovskiy National University by Oles Honchar
DETERMINANTS OF GLOBALIZATION PROCESSES
The essence of the concepts "globalization", "transnationalization" are explored. Analyzed the genesis of integration processes of international business under the influence of globalization. The hypothesis is advanced on the mutual influence of transnational corporations and the globalization of the world economy. Basic vectors are represented territorial diversification of subsidiaries of TNCs. The factors of formation of competitive advantage are formulated and the stability of TNCs functioning under the influence of globalization processes.
Keywords: world economy, globalization, transnationalization, international business, transnational corporations, competitive advantage.
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