Please write 2 paragraphs for each part !

Shift are livi page 2 vie ha QUESTION 1 Asian Values Under Fire Tradonal value cystern - Extended families bowl sture In the midst of an identity crisis are many cultures in Asia. In effect they are being torn between two worlds. On one side exists a traditional value system derived from agriculture based communities and extended families, that is, elements of a culture in which relatives take care of one another and state-run welfare systems are unnecessary. On the other side is a new set it values emerging from manufacturing and finance-based economics- elements of a culture in which workers must often move to faraway cities diferent to find work, sometimes leaving family members to fend for themselves.-> New value unter For years, spectacular rates of economic growth elevated living standards in many Asian countries far western beyond what was thought possible in a few short decades. Young people in countries like Malaysia and Brands! Thailand felt the lure of Western brands. Gucci handbags, Harley-Davidson motorcycles and other global brands became common symbols of success. Some parents even encouraged brand-consciousness among their teenage children because it signaled family wide success. Meanwhile, polls of young people showed them holding steadfast to traditional values such as respect for family and group harmony. Youth in Hong Kong, for example, overwhelmingly continued the study, about how they treat family members and elders, and about their choice of friends. inancial Crisic! But events took an unpleasant turn in the middle of 1997. The currencies of Thailand, Indonesia, Malaysia, PP South Korea and other nations crumbled. Within weeks, currencies were worth about half as much as Nae before and spending power was sharply reduced. Financial investments throughout Southeast Asia fled to safe havens in highly industrialized countries, and future investment plans were either scaled back or put on hold. Some Asians blame the West for the crippling economic crisis. Even more blame economic development and westernization for a decaying value system and declining morality. Many Asians, it seems, want modernization but also want to hold on to traditional beliefs and values. They do not want Western companies and governments imposing their ways of doing business on cultures that they might not fully comprehend. Nevertheless, following the crisis, Western companies are scooping up failing enterprises from Thailand to Japan and implementing Western business practices. Prior to the financial crisis, Asians thought they had discovered an "Asian" way of doing business that was uniquely their own. Many respected analysts in Asia, Europe and the United States discussed the virtues of the so-called "Asian Model." But the crisis put an abrupt end to that discussion. Some observers say that talk of an "Asian" way of doing business was overstated and misplaced. They argue that belief in the importance of family became the practice of nepotism, belief in the building of consensus became corrupt politics, and belief in conservatism and respect for authority became rigidity and an inability to innovate. If Asian culture esteems family loyalty so highly, why was it necessary for Singapore to enact legislation requiring that children take care of elderly parents? financial Ducuas an Aslan' way of doing business a) Imagine that you own a beer brewery company and you were doing business in Asia; would you feel partly responsible for these social trends. Identify two (2) ways in which your company could ease the tensions these cultures are experiencing? Be specific. (5 marks) b) In your opinion, is globalization among the causes of the increasing incidence of divorce, crime, and drug abuse in Asia