It is assessment 2 in the subject guide line .. the description of the task is : In 2000 words, students are required to critically analyse and evaluate the following topic: How far is the world still not homogenous? How does this influence the decisions made by multinational companies? At a minimum, this essay will reference 10-15 reliable academic sources (including journal articles and textbooks) identified by the student, in addition to the textbook. Please use the LTU Harvard Referencing style. Guidelines are available at http://www.lib.latrobe.edu.au/referencing-tool/harvard

Answer

World homogeneity

The world has been changing at a very high rate with many countries developing to a

level that is hard for any significant change to be noted (Scarre 2009). This has created a world

where several similar features and especially in the financial market. This implies that there are a

lot of similarities between the countries from different parts of the world. Most of the countries,

which were colonized, have now been developing at a very high rate reaching and even

overtaking some of the colonizing nations (Surowiecki 2012). Countries such as India and others

in Asia have grown to become some of the leading economies in the world. However, this does

not mean that there are no differences in the world. Countries have various similarities as well as

differences which make the world heterogeneous (Diamond 2013). Some of the factors that make

the world heterogeneous include ethnicity, economic indicators such as GDP and per capita

income among others. This research essay argues that the world is heterogeneous and business

entities have to take various measures to handle these differences…