1. In today’s society, business and cultural environment are playing a significant change in the life of many people. More and more businesses are beginning to operate both domestically and internationally. The expansion of business has lead the world into a new era filled with creative technology, making life easier. With the effects of international pressures, businesses sometimes need to adapt to or try to influence culture. Culture is what people value and believe. Trying to change a person’s perspective about one’s culture is not easy. Yet, cultural environment is changing slowly, as people are more concern with what is going on economically, politically, financially, and social and legally. Due to these changes, international factors are becoming more important. Along with that comes for accounting change. Many businesses have to conduct a lot of surveys and advertisements to see what consumers are looking for. Global business has created many jobs, competition, technology, and much more. With these differences in mind every business might have its own accounting system. This is because of cultural, economic, political, and legal system differences.
Laws that are convenient and easy to understand in the US might have no meaning at all to another country. Usages of vocabulary can have a great effect in business depending on what the word means. Developing countries might have a much simpler accounting system than those of the developed countries. Every country has its own style of living and working conditions. If one accounting system were use to satisfy everyone country it would be confusing and worthless to certain countries because of differences in things like taxes, sizes of business, compensation plan, or rules and laws. Since the world has a different perspective of how the world should be manage decisions are made very differently. So, it is important for businesses to notice of what is going on around the world to stay competitive and survive.
The Essay on In What Ways Have Large Business Organizations Changed
In what ways have large business organizations changed in recent decades? Large business organizations have changed in recent decades in a few ways. Some of this ways are that are not always a conventional bureaucracy, they are more open and flexible, the technology used, and the political and economic trends are always changing. Plus there are others, but I’m going to elaborate on the one I had ...
2. Since the economy is constantly changing and effecting people’s life, stock market is getting more and more important. Stock market is becoming more important because many people are relying on it to earn a savings for the future. People are concern with what is going on in the economy for they are afraid of another recession. If the stock markets are not functioning positively, this tells people that the country in not in a good financial standard and that product prices will increase. As a matter of fact it can cause unemployment, low financial standing. And the slowing down of the economy as a whole. When this happens people will consume a lot less. To avoid this tragedy, many people are learning more and paying closer attention to the stock market so they can make better investment decisions. Especially people that are retired or going to be retiring. They are the ones who rely on the stock market to support their living. Similarly, young people are investing early because they are better educated and are more involved in society. By investing early will help them early will help them earn a good saving for future uses when its time for them to retire.
3. I think that the most important international pressures for change in accounting during the early years of the twenty-first century would be culture, ethics, and legal systems. Cultural differences causes people to think and do things differently. It is because of these differences that people holds a different ethical view. Depending on what culture a person is from, his or her perspective of society, institutions, values, laws, etc. are interpreted differently. What seems ethical and legal to certain culture may be irrational to a stranger. For instance, country A might be more concerns about pollution while country B worries about providing it’s people with the highest living standard possible. What seems legal may not seem ethical to certain people. With so many new technology and businesses in today’s world, people’s life can be said to have gotten more complicated. In fact, businesses are expected to deal with the differences in accounting system because people will not yield their way of practices just for one business. Besides it is hard for such thing to happen because every country has it’s own requirements and so a standard accounting system is just too hard to deal with. Therefore, accounting development in the global economy should coincide with people’s opinion (culture) and laws and be preparing to adapt to changes while doing business.
The Term Paper on Stock Market 2
Outline � Significance of a Stock Market � What is the Stock Market? � What is a Specialist and how to become one? � The best time to buy a Stock Summary At the stock exchange, offers to sell and purchase are not collected up and then confronted simultaneously at some particular moment of the market day. There seems little doubt that, within limits, the price of a stock is adjudicated by the ...
4. Constraints on change are very important to national cultural differences. Majority of people does not like changes. In fact they would even resist changes. This is because people tend to think that their culture is superior and successful everywhere. Nobody likes to be wrong. People always want to be perfect and right. Besides they feel that their culture is comfortable and easily to adapt to. Yet, they do not consider the consequences from other people’s ideas because they were raise to accept their culture as a give fact. However, most of them do not notice that they are changing bit by bit. People are beginning to accept ideas from other culture without realizing it. This is a result of education and technology. As people are building up their knowledge, they share information with other people from different nationalities. Thus, causing a change in culture slowly in the long run since no one knows exactly where the original information came from.
The Essay on Matsushita and Japan’s Changing Culture
... lack of loyalty. People don’t want to be tied to a company for life anymore. 2. How might Japan’s changing culture influence the ... future? What are the potential implications of such changes for the Japanese economy? Japan’s changing culture will influence the way Japanese businesses operate ...
