Mgx 5310 Assignment 1
MGX 5310 Assignment 1
Question 1:
If you wanted to conduct business in an emerging country such as Brazil or a less developed country like Kenya or Bangladesh, what are the political issues you might face?
Political Risk in International Trade
Outline:
I. INTRODUCTION II. POLITICAL ASPECTS RELATED TO BRAZIL i. Government Outlook ii. Political Protests iii. Police Brutality and Gang Violence iv. Macro-economic Risk Factors
III. POLITICAL ASPECTS RELATED TO BANGLADESHI i. Government Outlook ii. Ethnic Tensions iii. Corruption iv. Macro-economic Risk Factors
IV. COMPARISON OF POLITICAL RISK BETWEEN BRAZIL AND BANGLADESHI i. Political Differences ii. Economic Prospects iii. Legal and Regulatory Environment
V. HOW TO OVERCOME POLITICAL RISKS i. Negotiated Agreements/Interactive/Protective Techniques ii. Development of Long-term Strategies iii. Use of Personal Relationships iv. Proactive Strategies
VI. CONCLUSION
Introduction The world of business is becoming overcrowded every day, and companies have to develop strategies on a global basis. Political, legal, cultural and economic circumstances vary significantly around the world. Even though investing in an international market may require intensive capital, the reward of such a business may be enormous. The sale of products and services in another country enables the company to increase its sales, expand the products life cycle, improve brand recognition, and reduce the risks of operating in a single market (Hill, 2009). Before choosing a foreign country for business, numerous aspects have to be considered. For instance, one must consider the nature of politics in that country as well as the political risks involved. Political risks entail the hazardous impacts that political events or decisions may have on a
Question 1:
If you wanted to conduct business in an emerging country such as Brazil or a less developed country like Kenya or Bangladesh, what are the political issues you might face?
Political Risk in International Trade
Outline:
I. INTRODUCTION II. POLITICAL ASPECTS RELATED TO BRAZIL i. Government Outlook ii. Political Protests iii. Police Brutality and Gang Violence iv. Macro-economic Risk Factors
III. POLITICAL ASPECTS RELATED TO BANGLADESHI i. Government Outlook ii. Ethnic Tensions iii. Corruption iv. Macro-economic Risk Factors
IV. COMPARISON OF POLITICAL RISK BETWEEN BRAZIL AND BANGLADESHI i. Political Differences ii. Economic Prospects iii. Legal and Regulatory Environment
V. HOW TO OVERCOME POLITICAL RISKS i. Negotiated Agreements/Interactive/Protective Techniques ii. Development of Long-term Strategies iii. Use of Personal Relationships iv. Proactive Strategies
VI. CONCLUSION
Introduction The world of business is becoming overcrowded every day, and companies have to develop strategies on a global basis. Political, legal, cultural and economic circumstances vary significantly around the world. Even though investing in an international market may require intensive capital, the reward of such a business may be enormous. The sale of products and services in another country enables the company to increase its sales, expand the products life cycle, improve brand recognition, and reduce the risks of operating in a single market (Hill, 2009). Before choosing a foreign country for business, numerous aspects have to be considered. For instance, one must consider the nature of politics in that country as well as the political risks involved. Political risks entail the hazardous impacts that political events or decisions may have on a
References: Adler, N. (2008). International Dimensions of Organizational Behavior. Mason. Thomson Southwestern Cullen, J David, M. (2007) International Franchising. Pine Forge Press, California Derek, H Gupta, V. (2006). Culture, Leadership, and Organizations. Thousand Oaks. Sage Press Jeffrey, S Harrison, L. (2009). Political Risk Management. New York, McGraw Hill Harrison, L Hofstede, G. (2007). International Differences in Work-Related Values, London, Sage. Tychy, K. (2010). Globalizing Management. New York: Wiley Székely, M Peabody, D. (2005) National Characteristics, Cambridge. Cambridge University Press. Schein, H. (2004) Organizational Culture and Leadership. San Francisco, José-Bass Publishers Theodore, H