CurrentEventPart1Using a contemporary or current

· CurrentEvent· Part1· Using a contemporary or current event(within the past five years), locate an intercultural business situationcontext,post a link to the article, video clip, YouTube video, picture, ornews story for your peers. (If you choose a video, try to find one thatincludes a transcript or correct captioning; if the video does not have atranscript or is not captioned, notify your instructor.) In your post, identifythe five components of social episodes expressed in your selected currentevent.· In particular, discuss the relationshipof the event to the business context expressed. Why was this situationinteresting or noteworthy to you? How does it relate to or differ from anybusiness situation you have experienced? Compare or contrast the situation youselected with another current event, either in the United States orinternationally.· · Part 2· After watching the InterculturalCommunications in Business video from this unit’s Studies, respond to thefollowing: What does the video indicate about the formality or informality ofdoing business from the U.S. (American) point of view? Are there generalglobal themes to doing business?