the PESTEL analysis as a tool to identify the key macro-environmental factors that were relevant for McDonalds when they entered India‚ and then shortly comment on each of them what McDonalds did that was so good. Political/Legal Until the early 1990s‚ India’s political parties were critical of foreign companies operating in India. After that the market opened more up‚ but still the political climate seems to be in some ways critical of foreign MNC’s. To deal with these problems McDonald’s choose
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A. The first political party system includes the Federalists v. Democratic Republicans. The Federalists‚ led by John Adams and Alexander Hamilton‚ believed in a strong national government. They wanted to create a Constitution. They argued that government power should be used to promote economic development through a national bank. Democratic-Republicans‚ were led by Thomas Jefferson and James Madison. They supported a weaker national government. They feared that federal involvement in the economy
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Political system Italy represents a parliamentary republic with strong Parliament‚ strict separation of branches of power‚ titular President and the Government which is very dependent on the parliamentary support. All the above mentioned in fact allows us to consider Italy to be a classical parliamentary republic with all its benefits and disadvantages. Now let’s try to describe every key element of political system of Italy. The Italian Parliament is elected once per 5 years and consists of two
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Philippine Political Parties‚ Electoral System and Political Reform The most important characteristic of Philippine political parties is that they are parties of the elite. In some senses‚ parties anywhere in the world are elite formations whether one defines elite in functional terms as those who lead or in sociological terms as those who hold economic and political power. But many parties at least attempt to organize regularized support from a broader segment of the population. These efforts
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Dick and Mac McDonald‚ McDonald is the longtime leader in fast food industry. It has sustained a remarkable place in industry by fast and consistent quality services‚ in starting days‚ McDonald enjoyed tremendous growth where its average annual return on equity was 25.2% between 1965 and 1991. But the company found its sales per unit slowing between 1990 and 1991. Plus growth in the quick service market was projected to only keep pace with inflation in the 1990s. Question- Why has McDonald sustained
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Two Political Systems Doing the comparison of political systems of different countries’ can be reflected in the idea that “It is in our best interest as individuals‚ and responsibility as citizens‚ to know how political systems work‚ and to do this we need to understand the political process that drives it”. (Singleton 2009). As citizens we may decide our form of government is the ‘accepted method’ of developing a liberal democracy. However‚ to gain a better understanding of our political system
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American Two-Party System What are political parties? Basically they are groups that want to gain political power and influence public policies. Political parties were created to represent the people of our nation and their ideas on public policies. Over time they have developed and become a big part of our democratic government. Our American political party system is based on a two-party system‚ meaning there are two major parties that dominate elections. Political parties are important to
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History and culture of many nations and societies have been affected by political systems. In the 1600s-1700s two political systems‚ absolute monarchy of France and the constitutional monarchy of England‚ have affected Europe. Absolute monarchy is when a ruler rules with absolute‚ or total‚ power. A constitutional monarchy is when laws limit the power of the monarch so they cannot rule absolutely. These two political systems affected not only their own country‚ but the whole of Europe as well. Mainly
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Is the UK political system democratic? “A government of the people‚ by the people‚ for the people.” The word democracy comes from the Greek words "demos" which means the people and "kratos" which means authority‚ or power. A democratic political system is one in which the ultimate political authority is vested in the people this means that all eligible citizens are able to participate equally either directly or through elected representatives in the proposal‚ development‚ and creation of laws
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CHAPTER 2 SUMMARIZED NOTES A) THE EVOLUTION OF INTERNATIONAL MONETARY SYSTEM 1) THE CLASSICAL GOLD STANDARD ERA (1870-1914) Characteristics: All currencies are valued in terms of their gold equivalent and thus all currencies are linked together. Eg: 1 ounce of gold = $20.67 1 ounce of gold = £4.25 so 1£ = (20.67 /4.25) = $4.87 Money has a value fixed in terms of commodity gold. Since gold is costly to produce‚ governments could not easily increase their
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