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Eonomics Ipa
Eonomics Ipa
It enables people to
do their business by selling goods and services. It also helps in improving the international
communication by using latest tools and technology and improving old technology according
to the trend. It also helps businessman to communicate other businessman easily for business
Every coin has two side one is positive and other is negative similarly globalisation also have
two sides positive and negative and it impacts international business in a positive and
negative way.
The positive impact of globalisation is that it increases competition among the businessman
culture and different social problems like environment related problems, social issues etc.
competition because people will expand their business to other countries which is creating
competition for home business in terms of pricing of goods and quality of goods. This
competition makes home business manufacturer more enthusiastic in producing goods and
Ans 7) UAE has underwent various modernisation in business. The culture of UAE is very
much similar to Arab culture with Islam as their major religion. The various management
practices in Islamic culture depends upon different Islamic traditions. Islam culture is highly
influential on management practices and does not allow any person to earn money through
wrong means. The culture of UAE is highly influential in the management of international
companies. The communication style vary across countries. This is very difficult for those
companies who are doing business outside dubai. Every organisation must be aware of
cultural differences that they will come across while doing business. In Dubai Islamic
customs are observed in every organisation and the impact of Islamic religion must be taken