The practice of management will have to base itself on the new assumption that its scope is not legal but the entire economic chain.
Business growth and business expansion in different parts of the world will increasingly not be based on mergers and acquisitions or even on starting new, wholly owned businesses there. They will increasingly have to be based on alliances, partnerships, joint ventures, and all kinds of relations with organizations located in other political jurisdictions. They will increasingly have to be based on structures that are economic units and not legal—and therefore not political—units.
There are many reasons growth henceforth will be based on partnerships of all sorts rather than ...
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