Arguably, the world today has become a global village. As a matter of fact, Asia has been influenced by various factors regards of its tendency to be so attached to its culture. For example, some of the things that have brought changes include international business, social networks, technology, as well as social media. Therefore, culture in Asian region face identity crisis, whereby they face two forces. As an international firm, doing business in Asia is tremendously influential to cultural issues and lifestyle of Asian people. Hence, it is obvious that operating an international firm in Asia makes the firm responsible for the social trends. The firm has tremendous impacts and roles in the social trends of the region. The responsibility does not only arise due to productivity and economic rates, but also in the lives of the Asian people.
As an international firm in Asia, we are responsible for various social trends. The firm understands that the life of the natives is decidedly crucial. The organizations are responsible in ensuring that the communities receive basis needs through financial support. For example, education is an important factor in the investment process. Hence, investing as an international firm in Asia requires the firm to undertake responsibility on social issues, which in the long run affects Asian social trends. In most cases, the influence of Asian culture may cause tension in the region. Therefore, our company needs to take precautionary measures to ensure that the tension does not affect the firm. For example, some of the activities and sales that we sell in the region do not comply with the cultural values of Asians. In this case, it is important as a company to incorporate the natives in our various business activities, and elaborate on the issues that might cause tension. In addition, they may feel that the company is taking away the employment opportunities and business opportunities of local companies. Hence, the tension van be reduced by employing many locals, and being part of them through corporate social responsibility (Chapter 2. “Cross-Cultural Business”).
Conversely, globalization has done more good in the world. But this does not mean it doesn’t have any negative impacts. Globalization has caused a lot of social and economic issues. In my opinion, I believe globalization is one of the reasons that should be blamed on the tremendous increase of crime, divorce, as well as drug abuse in Asia. Globalization has led to a social revolution in Asia, whereby the younger generations are becoming more western. Women are influenced by global factors to change their dress code and other cultural issues. In the past, parents in Asian culture had a say on issues of marriage.
But in the global Asian region individual decide on their marriage (Chapter 2. “Cross-Cultural Business”). Therefore, in most cases marriages go against the cultural issues of Asian people, which may lead to divorce. In addition, people have focused more on money, and with globalization in place competitions have become too stiff, making other people to get it through dubious means. Globalization has also led to the disintegration of families, whereby children are becoming more independent of the global world than on parents. These sorts of the changes may lead to the use of drugs among the Asian youth. In general perspective, I believe globalization is the cause of various social problems in Asia, which include crime, drug abuse and divorce.
Asia is a diverse continent with approximately 60% of the global population. Among these populations is Hinduism, Confucianism, Islam, as well as other numerous religious groups. Regardless of the difference in Asian countries, it is evident that they have considerable similar Asian values that are dominant. In the region, there are values that run across the entire continent that bring them together. In fact, they have a unique set of political ideologies and institutions which reflect the entire values of the region. In Asian society, human beings are integral part of Asian society that connect them. Asia values are tremendously interrelated, in that they believe individualism is a Western value that should not influence their culture.
In the 21st century, capitalism and economic development require a certain way of doing business. Therefore, Asian countries need to adopt this way of doing business. I greatly agree with this statement since the style of doing business in the 21st century has changed tremendously. In order to enjoy a competitive advantage in the marketplace companies must adopt a modern style of doing business. Asian communities are still attached to their cultural values, and norms, which affects the doing of the business (Chapter 2. “Cross-Cultural Business”). Many companies in the world have gone global, whereby they are at par with emerging global trends.For example, employment and way of operating a business have changed, whereby the entire globe is united in doing business. In order to achieve economic development in Asian Cultures, they have to adopt a global style of doing business, which goes beyond cultural values and boundaries. The Asia youths change of behavior is an indicator that the consumer behavior in the Asian region is hanging. For example, the youth demand western products, meaning if Asian cultures do not adopt modern ways of doing business, then they will not be in a position to compete globally. Hence, the sooner the Asian cultures adopts the emerging styles of doing business the better.
Chapter 2. Cross-Cultural Business. Practicing International management Case: A Tale of Two Cultured.