Transactional leaders employ transactions in which they

The purpose of this article was to examine and evaluate the prerequisites needed in private enterprises in Ecuador that are conducive to economic development and determine if economic development via this choice is feasible. The prerequisites are ample organizational size, a situation that allows the formation of a well-constructed and viable organizational structure with three hierarchal levels and sufficient departmentalization. All of the above permits the formation, sustenance, and development of the chain and unity of command; span of control; and delegation which, when integrated with the organizational structure, organizational levels, and departmentalization, form the infrastructure for organizational development. It was determined that most Ecuadorian enterprises do not posses such prerequisites; therefore, they cannot play the needed role for micro-economic development at this time.

No abstract

No abstract

The purpose of this article was to examine and evaluate the historical and developmental process of globalization in Latin America from the 1970s to the second decade of the 21st century and make proposals for the additional developments needed in education, society, labor, management, politics, economics, business, government, and legal areas in order for the region to attain higher developmental levels in regional integration and globalization on a continuous basis. It also examined the advantages and disadvantages of globalization as perceived by its proponents and adversaries in the region.