MGT 4420 Chapter : Chapter 2 Outline
Document Summary
Chapter 2: the political, legal, and technological environment. Ideologies: ideas reflecting beliefs and values influencing behavior/culture of nations and political. Europe: privatization and economic liberalization reinforce eu-wide political and economic integration, problem with eu: north and south are so different: some poor, some rich. In iran and saudi arabia laws and government based on islamic principles: business conduct in middle east similar to western in many ways, worldwide fallout from war on terrorism have made business environment there risky and potentially dangerous. Russia: neglect and confusing changes in economic policy. Legal and regulatory environment: confusion and challenge for the mnc due to many different laws and regulations in global business operations, mncs must carefully evaluate legal framework in each market before doing business. Judges matter less, but still matter: big deal when electing supreme court, found in non-islamic and non-socialist countries, france, some latin american countries, u. s. louisiana only.
