BSB119 Lecture Notes - Lecture 7: Operational Risk, Representative Democracy, Vehicle Frame

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24 Aug 2018
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An important part of the political environment is the dominant ideology. The systematic and integrated body of constructs, theories and aims that constitute a socio-political program. In general, mncs will be more comfortable operating in a political environment similar to that of their home country. The western ideological traditions that guide political systems include: Emphasis: individual rationality (individual reason + liberty) Emphasis: support for tradition, country, authority, duty and hierarchy. Individual security and identity requires social order and stability. Most modern societies are pluralistic (different ideologies coexist no one ideology accepted by all) Political systems can also be compared according to the dimensions: Needs of the society generally viewed as more important than individual freedom. Individuals should have freedom in his/her economic and political pursuits. Interests of the individual > interests of the state. The two extremes of the political spectrum: Totalitarianism single party, individual or group monopolises political power and neither recognises nor permits opposition.

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