It has been argued that globalisation created a vacuum of governance as it has shifted power away from governments to businesses. Do you agree with this view

1.Some commentators have argued that the nature of business-government relation has shifted from confrontation to cooperation in recent decades. What is the nature of the business-government relation in your home country, or in a country in which you have worked or studied? Critically evaluate opportunities and threats the business-government relation creates for firms operating in your chosen country. As a future business leader in your chosen country, how should firms in the country manage their relations with the government?
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2.It has been argued that globalisation created a vacuum of governance as it has shifted power away from governments to businesses. Do you agree with this view? Do you think new and/or more vigorous international governmental bodies are necessary to govern business activities? Your answer needs to be based on one of four major issues in the contemporary global context, (i) climate change; (ii) labour conditions; (iii) corruption; or (iv) technological advances.

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Is it likely that Goldman Sachs will be able to hire the best and brightest recruits unless they change the culture described?

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