Blue Ocean Publication
The advent of the 21st century has largely witnessed major changes in the way businesses are performed today. Globalization along with its concurrent localization has seen not only proliferation of products and services across the globe, but a shift in managerial practices as well, for better resource utilization. These paradigm shifts have a deep impact on the business organization and its way of functioning. Business plays a significant role in shaping the economy of a society. All the countries depend upon their industries.