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THE TAMING OF COMPLEXITY

17 November, 2015 - 15:33

The most important change triggering globalization on the part of MNCs has been the advent of information technology. Handling the avalanche of data required to effectively coordinate the operations of affiliates around the globe is a task too complicated for the average manager to cope with alone. Advances in information and telecommunications technologies (COMMUNICATION AND CONTROL) have provided the necessary tools for tackling this formerly almost-unmanageable task.