BUS 200 Lecture Notes - Lecture 7: Civil Society, Swot Analysis
Document Summary
Political risk- what could or could not happen. Putting things into pest and swot is qualitative. Political environment- who had the power, how they use it, how long they have it for. Mcdonalds issued a press release/statement tone: firm. Mcdonalds will go to the embassy and try to solve this problem with russia. Organization that makes decisions, enforces regulations over certain territory. Liberal- hands off, allows economy+ society to determine how things go ex. Public sector- government and everything tied to it. Civil society: everything else (company, charities, unions, etc. ) Constitutionalism: set of rules based on society unanimous belief. Rule of law: the laws are set in place it gives equality to people. Rules that are set, when it comes to judging a case you go to the rule of law instead of a ruler. Political continuity and stability supports long term investments. Political risk can be an opportunity of threat.