Morrison, 1997), an economical development model (Higgins, 1977), and a significant authoritative character (Albert & Whetten, 1985). The impacts of globalization on vital plans of action are both homogenizing ("convergence" school) and mixture advertising ("divergence" school). The Convergence researchers (Pascale & Maguire, 1980) hold that as the nations change their businesses, create establishments, embrace current engineering, and accomplish industrialization, the vital business conduct would get
and have become extraneous to human relations. For instance, employees of a call-centre in Noida can sell insurance schemes to a resident of New York. Malcolm Waters based on the different forms of human exchange proposed a ‘Globalization Theorem.’ The theorem states that-“Material exchanges localize; political exchanges internationalize; and symbolic exchanges globalize.” Material exchange refers... ... middle of paper ... ...stable economic, social, political and environmental policies, proper