New Trends in Business Management and Possible Applications in International Tourism
New Trends in Business Management and Possible Applications in International Tourism

Summary/Abstract: Globalisation and the increase in the number of products and new technologies in the fields of information and communication have lead to a dramatic change of the competitive environment. This study tackles the main trends in top business management in order to identify the most important evolutions and ideas in management which have had an impact on business in the first decade of the new millenium, as well as the challenges and certain current problems in the global market. The key element of success of the India Way management concept is the social aim which truly motivates employees and assures increased company performance. Another study based on answers of renowed scholars from the university environment has indicated some trends that manifest themselves in the management of business among which we find sustainability, social corporate responsability, the study of psychology and the development of business ecosystems.

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