Region as a factor changes on a Global Scale
Journal: International Journal of Operations Management
Year: 2021

The term "region" originating from a Latin word: regio, has two meanings in itself in terms of etymology – first, it is a movement in a fixed direction, and the second one denotes space. Combination of both results in: “movement in a fixed direction, which defines space”. The meaning generally relating to the area, has over time dominated the vernacular understanding of the whole word. Currently, the concept is in principle used to exclusively describe a given territory. However, nowadays, the r