Seminar paper from the year 2003 in the subject Business economics - Business Management, Corporate Governance, grade: 1,0, Otto-von-Guericke-University Magdeburg, course: English UNICERT IV, language: English, abstract: The paper Globalization and Culture deals with the question of whether it is possible for one system to embrace all cultures. Globalization is the development towards an integrated world system embracing all main schools of thought across all levels of society. The main proponents of this development are technological and institutional advancements. After looking at the main stepping stones in the historical development of globalization a definition of culture is given. Culture is seen as an agreement between people belonging to a group and concerns the meaning of certain actions. Cultures consists of attitudes, beliefs and values. Their elements differ between families, companies and nations. Although these differences exist, there is a tendency towards cultural homogenization caused by globalization. The paper discusses whether it is possible that one system could work for all. It outlines that deep cultural differences still exist. International organizations and national governments have made attempts to save local cultures showing how important it is to protect them. In conclusion it is stressed that it is more important to work on a global acceptance and awareness of other cultures than on creating a global village with a global culture.