BUS 346 Chapter Notes - Chapter 3: World Trade Organization, Hindu Law, Price Fixing
Document Summary
Identify the origins of political risk and how managers can reduce its effects. Describe each main type of legal system and the important global legal issues. Explain ethics and social responsibility and key issues facing international companies. Explain how international relations affect international business activities: roles of history and culture: Every nation"s political and legal systems are rooted in its people"s history and culture. German don"t have google street view because the years of being spied on. National history and culture are then reflected in values such as individual responsibility, law and order, free enterprise, and the role of family. Minsk, belarus is the capital of the commonwealth of independent states (cis). 80% of the city was destroyed during world war two, and then rebuilt by stalin. Minsk is a beautiful city with a wonderful riverside park in the center. While young people seem happy to have their picture taken, the elderly who lived through.