Sustainability of the Business in the Conditions of Globalization

Abstract:

Integrity and cyclical development of the world community allows to consider globalization, on the one hand as a process, on the other hand as the system located at a certain stage of development. Assuming that the world community - it is a system, so it can be told that it has properties of the system. This, in turn, allows authors to highlight in this system a subsystem - business. For management of resistance of subsystem, business authors propose to use the Solow growth model and its concept of economic evolutionary process: " ... the nonlinearity, instability, bifurcation and chaos in dynamical economic systems." Subsystem of business is in continuous harmonic oscillations, it means that the subsystem is unstable, because it does not return to its initial steady state, and therefore it has synergistic properties.