GMS 724 Lecture Notes - Lecture 2: Totalitarianism, Political Spectrum, Collectivism

• School: Ryerson University
• Department: Global Management Studies
• Course: GMS 724
• Professor: Howard Lin

Document Summary

To discuss the philosophies and practices of a political system. To explain the idea of political risk and describe approaches to managing it. To discuss philosophies and practices of the legal system. Political and legal factors influencing international business operations. The complete set of insitutions, political organizations, and interest groups. The relationship among insitutions, and the political norms and rules that govern their functions. Individualism is the primacy of the rights and role of the individual. Collectivism is the primacy of the right and role of the community. Political ideology is the system of ideas that expresses the goals, theories, and aims of a sociopolitical program. Most modern societies are pluralistic: there are many different groups with their subjective meaning within the political ideology. Catholics, christianity, buddhism are all allowed to thrive in a single society. Democracy government can be: reactionary, conservative, liberal, radical, they are wide participation by citizens in the decision-making process, 5 types.