Concerns Regarding Both the Understanding and the Use of Culture Essay

Concerns Regarding Both the Understanding and the Use of Culture - Essay Example This research will begin with the statement that the world economy has grown in recent years. International trade has been the motivating force behind it. But with the more recent technological developments as well as reduced trade blockades, growth in trade is definitely on the rise. Developing countries have also stepped on this bandwagon, extracting the best out of their own respective economies through trade internationally as well as locally - within the country. The integration of trade into the world economy has really proved helpful for the developing countries as they can promote economic growth, development as well as poverty reduction within themselves. Further, the companies which are ready to use upgrade their human resources regimes are thus the ones who have found success in all relevant quarters of their business. With this necessary incorporation, they have been able to look at the ethical side of things as well since the moral grounds have been set in a proper manne r and there are as such no apprehensions to state the least in the present times. A business can move from a position of stability to one of a complete unstable stance as it acquires different means of gathering the market and its driving factors that come along with it. The firm has to change its position with the changing times otherwise it will literally vanish away from its competitors and more so the customers, for which it actually exists.