IMPACT OF GLOBALIZATION ON THE DEVELOPMENT OF MICROENTERPRISES (SMES)

Abstract

Globalization represents a way forward for companies this is because they can offer their products or services in other places with the facilities that international trade gives them, the company in other countries takes full advantage of the benefits of globalization and is what SMEs must still achieve, through a correct economic and management process. Globalization, like all processes, has had a development that depends on the influence and knowledge of those who use it, at the beginning of the history of trade this phenomenon was not known exactly, but it would not take long to become present, because I believe that processes like many other knowledge are born as a solution to the needs of users. This article will describe how globalization has been impacting the growth of companies, but above all the effect it has had on SMEs since being small companies are not so familiar with international trade.