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In: Economics
2. Describe the role of “education” in culture. Why is education important for a multi-national entity?...
2. Describe the role of “education” in culture. Why is education important for a multi-national entity? which is considering expansion into a new host country market?
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Expert Solution
Culture is the blood stream of a community that requires protection. To aid in the protection of culture or social heritage is an essential feature of education. By its specialist institutions, education aims to inculcate the beliefs, customs, principles, languages, morality, etc. into the pupils' tender minds. In addition to maintaining culture, it is a duty of education to preserve the continuity of culture by transmitting current cultural beliefs, values, rituals, customs, etc. through its various programs and practices from one generation to another. Without this transmission, the survival of the nation may be the hardest challenge and human development can be stifled.
In addition to preservation and dissemination, a further essential role of education is to alter current cultural practices in light of significant shifts in society's needs and demands. Such shifts are compounded because of cross-cultural variables. New cultural trends are thus shaped by replacing and reorienting the old outmoded cultural forms to suit the evolving needs of man and time. But society is making ostensible progress. This aspect of education is called educational progressive feature. Education works as such by continually reorganizing and reconstructing human experiences for cultural development and enrichment.
A connection between institutions of higher education and corporations is necessary for every nation's growth and progress. Corporations are based on the higher education products (graduates). In addition, institutions of higher education depend on the corporate social and financial support they provide. Multinational corporations are especially important for the survival and sustainability of higher education institutions in nations experiencing political and economic change, not just because they travel quickly to the corner of the market, but also because they usually partner or purchase local companies from the nation as a means of rapidly growing their share of the business.
Rahul Sunny answered 2 years agoRelated Solutions
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