International Expansions Of Corporate Operations Through Mergers

1383 Words Nov 15th, 2015 6 Pages
Introduction:
In This essay, I will be looking at how over the past 30 years the process of globalisation has been fuelled through international expansions of corporate operations through mergers & Acquisitions (M&A), Corporate partnership or the creation of new ventures. This trend continues in the early decade of the 21st century, with emerging economies seen as leading the way through outward foreign direct investment. (Class notes)

Culture:

For culture to exist there has to be a group of people (a membership), share a distinct way of life, have common values, attitude and behaviours, that are transmitted over time in a gradual yet dynamic process.
“a pattern of basic assumptions-invented, discovered or developed by a given group(s) as it learns to cope with its problems of external adaption and internal integration-that has worked well enough to be considered valued and therefore to be taught to new members as the correct way to perceive, think ad feel in relation to these problems” Schien (1995)
(Managing People Week 6 PowerPoint)

Numerous definitions and concepts of culture are discussed in relevant literature. The term originated from the latin word colere, which was used in the context of trilling the soil and simply signified plant cultivation. The connotation of cultivation is still obvious in the colloquial use of the word today, which is often applied…
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