The world looks small and smaller when compared to yester years due to the conce
ID: 372710 • Letter: T
Question
The world looks small and smaller when compared to yester years due to the concept called globalisation. The world is called as a global village and everyone will know everything happening in the world.
1.Communication and technology has grown to that great extent that a person can be contacted in a fraction of a second where ever in the world he is found.Compared to the old days this is such a magical growth in the globe.
2.Education for all has made everyone advanced and make use of the modern resources.
3.Language which was a barrier in olden days has become universal today.
4.Internet known both as a boon and bane has completely changed as the concept of the world being something distant but has brought the world in our finger tips.
5.World economy and growth is based on every nation and in some way or other we have to get connected with each other.
6.Immigration has made the world a global village.
There are innumerable factors, discoveries and inventions that has made the world smaller .We have to survive in this smaller place with our own codes and conduct.
A US company is best expected to practise ethically in a world where it is supposed to survive.
1.Learning a0nd understanding a cultural background of a nation is easy a0nd acceptable these days.
2.The concept of international and multinational and also franchisee is based on the fact or agreement that the establishment should change certain aspects according to the custom practise and culture of the Nation.
3.Certain ethical practises are common to the whole world and those aspects will be accepted and welcomed where ever followed.
4.Businesses should go according to the famous saying be a Roman in Rome.
Explanation / Answer
Could someone please provide me with assistance with this question.
When we look at the world today, it is clear that it is a smaller and smaller place then it once was. How can a US Company best expect to practice ethically in a world where other countries might not abide by the same ethical code?
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