Q1. Identify three types of political risk evident in Chavez’s Venezuela and give an example of each. Political risk is the political forces will provoke drastic changes in a country’s business environment and adversely affect the goals of business enterprise. There are three kind of political risk in the case “Chavez’s Venezuela”‚ macro-political risk‚ micro-political risk and legal risk. After populist socialist president‚ Hugo Chavez took the office of Venezuela‚ he took many actions to
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Political- legal environment is one of the economic environment that its development has strongly impacts on the marketing decisions of the company. The political environment consists of laws‚ government agencies‚ and pressure groups that influence or limit various organizations and individuals in a given society. Each factors of political environment has its own functions and impacts on the economic activities of the industry. The economic systems work best with at least some regulation. When
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BETWEEN A ROMANO-GERMANIC LEGAL ENVIRONMENT AND A COMMON LAW ENVIRONMENT In order for us to understand the difference between a ROMANO-GERMAN legal environment and a COMMON LAW environment‚ it is important for us to examine each system separately and then to present the main differences of the two legal systems. ROMANO-GERMANIC LAW (CIVIL LAW) Civil law is the main legal system used in the world today. It originates from the Roman law and is based on written legal codes which are applied
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Hong Kong’s Economic and Political Environment Hong Kong’s retrocession in the summer of 1997 was an event long prepared for‚ and built up to‚ in the minds of the territory’s citizens and residents. A significant number of the educated applied for overseas passports and left for more politically and economically stable environments in which to live and work; the "Brain Drain" was a significant problem for Hong Kong from 1984. Return to Chinese rule brought a promise from China that Hong Kong
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the new strategic business plan of American Airlines‚ and how they are responding to changes in the marketplace to compete in the modern era. We will also analyze the advantages of rebranding efforts‚ the effectiveness of existing practices of the airline and how the airline may operate post merger with US Airways. By some measurements‚ the merger between American Airlines and US Airways will create the largest company in the world‚ thus positioning American Airlines to potentially become the most influential
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The political environment in a country affects business organizations and could introduce a risk factor that could cause them to suffer a loss. The political environment could change as a result of the actions and policies of governments at all levels‚ from the local level to the federal level. Businesses need to be prepared to deal with the fallout’s of government politics locally and internationally. Let’s first define Political environment‚ there are several factors that creates an Inter-linkages
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In international business‚ knowledge about political environments is very important. Why? Please provide examples. The Political environment is often a direct consequence of the political parties in power‚ which represents the popular opinion of the citizens of the region. If the citizens are‚ for example‚ pro-Big Business then probably taxation will be modest and there will not be a lot of stringent rules about environmental considerations.If the citizens are very concerned about safety issues
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Analysis: Internal factors: Strengths: Joint Venture with Japanese Airline Partnership with JetBlue Member of oneworld alliance International - Flies to North America‚ the Caribbean‚ South America‚ Europe and Asia Number of routes AAdvantage frequent flyer program Weaknesses: Older airplanes Unstable chairs on their airplanes Current financial situation External factors: Opportunities: Merge with another airline Reorganization of their company Successful retrenchment strategy
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First off Company X would bring the lawsuit to a State Trial Court of General Jurisdiction. These courts hold a wide variety of cases such as civil disputes and criminal prosecution. Although if Company X is planning on suing for less than 5‚000 dollars they may bring the case to a Small Claims Court. Secondly‚ necessary pleadings need to be filed in order for this case to be brought to court. First off Company X would have to file a Plaintiff’s Complaint with the appropriate court. This complaint
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Strategic Management “American Airlines ” Case Study Strategic Management Prepared By Fathi Salem Mohammed Abdulla 2009 37 Introduction American Airlines‚ Inc. (AA) is a major airline of the United States. It is the world ’s largest airline in passenger miles transported and passenger fleet size; second largest‚ behind FedEx Express‚ in aircraft operated; and second behind Air France-KLM in operating revenues. A subsidiary of the AMR Corporation‚ the airline is headquartered in Fort
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