Trends
The whole world has experienced some trends concerning the activity of organizations and market behavior:
- Protection of the Market via Self-regulation: with the purpose of defending their market against competitors that adopt inappropriate business practices, many oganizations create rules and regulations that discipline the activity in a certain market or business. Self-regulation instruments often end up as the foundation for the creation of mandatory legal codes.
- Harmonization of Markets via Regulatory Agencies: the governments no longer have an operational executive function and start managing collectively assisted markets through regulatory agencies that seek to assess the performance of the players with basis on their results.
- Harmonization of Markets via Regulatory Agencies: the governments no longer have an operational executive function and start managing collectively assisted markets through regulatory agencies that seek to assess the performance of the players with basis on their results.
- Market Expansion via Certification and Seals: organizations seek to differentiate their products and services before the market by taking advantage of the increasing types of certifications and quality or performance seals.
- Sector Development via Sector Standards of Good Practices: a number of business segments adopt standards of good practices as a means to improve the performance, quality, and productivity of the sector as a whole.
- Social-environmental responsibility: this issue is no longer an appendix of corporate management. It now represents a strategic factor for organizations that participate in the global market.
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