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Contents: Political environment, Legal environment, Economic environment, Cultural environment. Mời các bạn cùng theo dõi nội dung tài liệu. | CHAPTER 2 INTERNATIONAL BUSINESS ENVIRONMENT 1 1 2 Political environment I Legal environment II III IV Cultural environment Economic environment 2 I. Political environment 1. Political system 2. Political risks 3 3 1. Political system 1.1. Definition 4 System of in a nation 4 1.2. Dimensions 5 1.2.1. Collectivism v/s Individualism 6 Collectivism A political system that stresses the primacy of goals over individual goals Individualism An should have freedom in his own economic and political pursuits 6 1.2.2. Democracy v/s Totalitarianism 7 7 1.2.2.1. Democracy A political system in which government is by the exercised either directly or through 8 1.2.2.2. Totalitarianism One person or political party exercises over all spheres of human life opposing political parties 9 9 totalitarianism: advocates achieving socialism through totalitarian dictatorship . totalitarianism: political power is monopolized by a party, group, or . | CHAPTER 2 INTERNATIONAL BUSINESS ENVIRONMENT 1 1 2 Political environment I Legal environment II III IV Cultural environment Economic environment 2 I. Political environment 1. Political system 2. Political risks 3 3 1. Political system 1.1. Definition 4 System of in a nation 4 1.2. Dimensions 5 1.2.1. Collectivism v/s Individualism 6 Collectivism A political system that stresses the primacy of goals over individual goals Individualism An should have freedom in his own economic and political pursuits 6 1.2.2. Democracy v/s Totalitarianism 7 7 1.2.2.1. Democracy A political system in which government is by the exercised either directly or through 8 1.2.2.2. Totalitarianism One person or political party exercises over all spheres of human life opposing political parties 9 9 totalitarianism: advocates achieving socialism through totalitarian dictatorship . totalitarianism: political power is monopolized by a party, group, or individual that governs according to religious principles 10 totalitarianism: a political party that represents the interests of a particular tribe monopolizes power totalitarianism: individual economic freedom is allowed but individual political freedom is restricted in the belief that it could lead to communism 11 1.2. Political risks 12 II. Legal environment 1. Legal system 1.1. Definition 13 A system for creating, interpreting, enforcing 13 1.2. Types 14 1 2 3 14 1.2.1. Common Law 15 Based on . 15 1.2.2. Civil Law Based on a . set of laws organized into 16 16 Major source of law 17 Reliance on precedent Judicial role in law-making A. Custom Practice B. Legislative statutes C. Yes E. Active Creative D. No F. Passive Technical 17 1.2.3. Theocratic Law/Religious Law 18 Law is based on teachings 18 2. Legal issues 19 19 2.1. Differences in Contract Law A specifies conditions under which an exchange will happen rights/obligations