Convergence advocates argue that a "survival-of-the-fittest" process will force firms globally to accept the best practices exemplified by Anglo-American practices.

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Convergence advocates believe that competition and the global market will encourage firms to adopt the best practices, which are commonly associated with Anglo-American practices. They argue that this process will lead to a convergence of business practices and standards worldwide.

Convergence Advocates Argue That a "Survival-Of-The-Fittest" Process Will Force Firms