International business management:
Test 1 of 9
Short answers question:
1- Compare and contrast two prevalent political systems: totalitarianism and democracy, and explain how a country's political system influences its legal system.
2- Briefly explain each of the three main methods companies use to manage political risk.
3- What is economic transition? Describe the obstacles that countries face during economic transition.
4- Describe the three main types of economic systems.
5- Describe four corporate responsibility issues and explain how these issues can impact a company's international relations.
6- How does economic development in countries affect international business?
7-Explain the three types of property seizure. Why might property seizure be a risk for a business operating in a totalitarian nation?
8-Describe the importance of a nation's legal system, and identify the main differences between the three main types of legal systems.
Module Discussion
Discuss how economic development in countries affect international business. ( one paragraph or two )
.
International business managementTest 1 of 9Short answers.docx
1. International business management:
Test 1 of 9
Short answers question:
1- Compare and contrast two prevalent political systems:
totalitarianism and democracy, and explain how a country's
political system influences its legal system.
2- Briefly explain each of the three main methods companies
use to manage political risk.
3- What is economic transition? Describe the obstacles that
countries face during economic transition.
4- Describe the three main types of economic systems.
5- Describe four corporate responsibility issues and explain how
these issues can impact a company's international relations.
6- How does economic development in countries affect
international business?
2. 7-Explain the three types of property seizure. Why might
property seizure be a risk for a business operating in a
totalitarian nation?
8-Describe the importance of a nation's legal system, and
identify the main differences between the three main types of
legal systems.
Module Discussion
Discuss how economic development in countries affect
international business. ( one paragraph or two )
