Factors Lead To Globalization

1.0 INTRODUCTION
Globalisation means the whole world is generally interconnected and MNCs are the main factors that lead to globalisation. Globalisation is a term used to refer to how technology, information and cultures have spread all over the world.
Multinational Corporations (MNCs) are big corporate business that produce goods and services in more than one country, including its home country. An MNC can operate in very many countries and most often, they hire labour from the exact same country they choose to operate in. These companies normally operate in host countries where they can find cheap labour or numerous unexploited resources which they are unable to find or have already been depleted in their home countries.
Since MNCs operate

These might bring different implications in countries such as China who believe that employees should practice consultation and some African countries who believe that rewards are only meant for managerial or senior level employees.
2.0 CULTURE
The term culture is used to represent beliefs, values, norms and language practiced by different communities or certain people living in the same region. Culture is meant to represent how certain groups of people living together lead their life.
Organisational culture refers to values, norms and beliefs practiced by people who are in the same work environment or people who belong to the same organisation. Organisational culture can also be referred to as corporate culture.
National culture can be understood as a set of beliefs, norms, values and practices governing people of an entire

This can be categorised as high and low power distance. In every society, there is always a hierarchy to be followed. For example, in a house setting, the father is viewed as the head of house, and also in a community setting, there is the chief who is the leader of the community, and in a corporate environment there is always the managers, who are at the top of the hierarchy followed by subordinate employees. In power distance, inequality among different people in the society is a notion that is well accepted.
As mentioned earlier, power distance can either be low or high, for example, in low power distance, the relationship between the employees and the boss is good in that they can interact, sit together and discuss issues, however in high power distance, the employees are separated from their boss and there is a hierarchy of communication which must be strictly adhered to.
2.1.2 Group