The international business cooperation and its influence on enterprise financial security under globalization

Abstract

This article is aimed to analyze the link between internationalization and Meetings-, Incentives-, Conventions- and Exhibitions (MICE) industry which is refer to the destination development. A comprehensive review of the totality of the processes associated with the regional market of Business Tourism, allowed to develop a number of actual tools that make it possible to obtain important practical results. One of these tools is a so called public-private partnership (PPP), to strengthen the trust between government and business representatives on regional level. Practical recommendations for the tourism business activity development can be applied in the regional, national and international business travel market. This article reveals the cooperation process between foreign private companies and the local government in organizing the development of the industry connected to MICE and its influence on enterprise financial security under the globalization.