Tensions had long been brewing between the eastern bloc and its frontrunner and big brother, The Soviet Union and the western powers primarily led by the United States of America. Fissures had appeared between the old allies over Germany, Korea as well as ideological, diplomatic and military operations.
They are the world leaders in high technology advancement and automation, which resulted in more efficient commerce worldwide. They are the leaders in the field of manufacturing, banking, travelling, tourism, distribution, transportation and so on.
Multinationals are the forerunners in satelite communication development, space tecnology and electronic information network services. They are actively engaged in logistic services, food and agriculture industry, car and airplane manufacturing, petrochemical industries and many more.
All of these have progressed to the magnitude never seen before, and multinational companies are at the forefront of these developments. As a starting point, the researcher made a short historical overview of multinational companies in general, followed by the explanation regarding their contemporary importance and their significant role in the process of globalization.
The work addresses following questions: Do multinational companies contribute to host country's socio-economic developments? What influences the success of multinational companies operating in Serbia? What re the constraints of multinational operations in Serbia?
Based on the above stated questions, the aims of this thesis are: To review and understand the role of multinational companies in Serbia. To identify various effects positive and negative which multinational companies produce when operating in Serbia.
To identify variables, which are influencing the success of multinational companies in Serbia. This study, as its main contribution, has the gathering of data, relevant information and knowledge concerning the role of multinational companies in Serbia. During the research, the author investigates which forms of multinational companies are dominant in the Serbian economy, types of activities they conduct, and how the results of their performance affect Serbia and its population.
While analyzing economic development of Serbia, a conclusion is drawn that the arrival of multinational companies to Serbia is a positive phenomenon because of the following: Modernization of Serbian business and entrepreneurship Introducing new business logics and pragmatism into Serbian entrepreneurship Strengthening of different economy sectors, which are estimated to be profitable on the national, regional and global markets, according to the evaluation of multinational companies.
Opening up of the Serbian economy, as well as including it into regional and global financial and economic flows international and trans-national. Therefore, the author forms the following hypothesis: When studying this issue it is necessary to underline the geo-strategic importance of positioning a multinational company in Serbia, with the tendency for market expansion to the market of the Russian Federation, having in mind the fact that Serbia is the only European country, which has a Free Trade Agreement signed with this state.
The importance of cultural aspect is also included in the study and is intended to help overcome some of the limitations of existing theories.
This approach should be extremely helpful for multinational companies' decision makers, who may wish to pursue more deeply multinational company's business patterns and operations in the region of Balkans, especially in Serbia.
Therefore, the significance of intercultural management is emphasized as one of the key success factors of multinational companies in this part of Europe.
Limitations of the study This study is designed to discover the role of multinational companies in Serbia. Such analysis throws light on the existence of multinational companies in Serbia and the role they play.
The researcher acknowledges several limitations of the study: Until there were no multinational companies in Serbia. Serbia was the only country in Europe which has suffered the consequences of the international embargo, while multinational companies have invaded all other countries in the region at that period.
The research process by itself bore difficulties since the author had limited access to the documentation of the investigated multinational companies. The researcher obtained the data by exploiting their official websites and mainly focused on interviewing responsible managers, which resulted with certain conclusions.
Another type of limitation is the available literature, which offers limited body of knowledge focusing on the presence of multinational companies in Serbia.NATO is committed to the principle that an attack against one or several of its members is considered as an attack against all.
This is the principle of collective defence, which is enshrined in Article 5 of the Washington Treaty.. So far, Article 5 has been invoked once - in response to the 9/11 terrorist attacks in the United States in Detractors, however, have argued that NATO’s formation in led to the counterformation of the Sino-Soviet alliance—and indirectly to the Korean War—in addition to the establishment of the Warsaw Pact .
The accord will for the first time give Moscow a role from the outset in NATO discussions about a fixed variety of topics, including non - pro-liferation, crisis management, missile defence and counterterrorism. NATO took on its first ever peacekeeping mission and pledged to help the United States in its fight against terrorism, marking the beginning of NATO's new role that includes crisis management and peacekeeping, working to shape a stable and prosperous world.
An unprecedented event in history, NATO was now fighting in its first mission far from . Dec 06, · The problem is of the 19 nations in NATO, many members see the ECJM model as the best role for NATO and others (the most recent members) prefer the U.S.
approach, a more vigorous pursuit of the insurgents. The role of NATO in today's world. the E.U. has played a critical role promoting European economic growth and political stability — and peace.
When former communist countries gained their.