There is no question that countries can not escape the challenges generated by international competition becomes increasingly aggressive, moody, and has given way to manifest the power of large economic blocs that seek to conquer new markets and ensure stability in their economies. Point is stressed that nations are linked to the international economy through trade and goods of services, prices of commodities and capital flows. In notes published by IESA (Venezuela: Competitiveness Challenge, 1994) notes that experience in developing countries, in the age of 80 was revealed that attempts to isolate an economy can have highly detrimental effects. In the modern world, countries may try to flee the global economy, but can not hide. No doubt this is true for small countries, where costs generated by economic isolation in terms of unproductive rent-seeking and efficiency losses can be substantial for developing countries, where any loss of efficiency usually implies greater poverty.
The evidence of a critical scenario like the one currently facing Venezuela, guaranteed by uncertainty, risk, inflation, instability, significant impact of the economic variables, loss of values, a weak banking system, high interest rates on cards claims, misappropriation of capital, rampant corruption, insecurity, violence, health deterioration of Venezuelan education leaves much to be said, lack of coherent plans by the government, hunger, unemployment, among others, entails that one must evaluate the relevance competitiveness, not copying foreign models, but playing the economic and organizational behavior productive than Venezuela has today can not ignore the fact that companies in the country have been hit by high interest rates, the impact of variable surrounding contingencies by uncertainty about the direction of the country that consistently demonstrates instability in their actions, no clear economic program, focusing on their goals, philosophies, strategies, cutting expansion plans to cope with the recession to the foregoing must be added history that there has been a general lack of competition from domestic firms and even foreign, that enhances efficiency, develop new products or invest in its workforce, to better prepare their personnel, training and adapting their knowledge to their environment. Viacom may help you with your research.