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Ans 6) Globalisation is becoming very famous in this competitive world.

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

purpose who are in other countries.

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

and there is rise in investment level because of globalisation.

The negative effect of globalisation on international business is that it creates problem in

culture and different social problems like environment related problems, social issues etc.

Globalisation effects investment in both the countries. Globalisation increases the

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

services efficiently and in an effective manner.

This shows how globalisation can influence international business.

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

care of while doing business.

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