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- Which statement defines Political-Legal Environment in which a Firm must operate: Question 21 options: a) An environment that constitutes any national or international political factors that can affect the operations of a Firm in a host market. b) A Nations Laws and regulations pertaining to business that also influence the operations of the foreign firm. c) Entry restrictions (e.g. exporting, licensing, acquisition, strategic alliance etc.) d) Trade barriers (e.g. tariffs, quotas etc.) e) The Legal Environment constitutes the "rules of the game" and Political Environment determines how the Laws are enforced ("how the game is played") and may indicate direction of new legislations. f) Actions or policies by a government that may adversely affect a Firm's operations and profits (e.g. confiscation, expropriation, or…QUESTION FOUR Mrs. Nkwashi is preparing a presentation on sustainable development POLICIES in the area economic growth and the role of boards for corporate entities in the COMESA region of Africa. This has been necessitated by the fact that most countries and industries are in the extractive sector that exploit the natural environment. Required: In the light of this Mrs. Nkwashi has asked you to help her draw up some points for presentation as part of her duties as Executive Director for ZEMA.Question I - You are a co-founder of a start-up firm making electronic sensors. After a year of sales, your business is not growing rapidly, but you have some steady customers keeping the business afloat. A major supplier has informed you it can no longer supply your firm because it is moving to serve large customers only, and your volume does not qualify. Through you have no current orders to support an increased commitment to this supplier, you do have a new version of your sensor coming out that you hope will increase the purchase volume by over 75 percent and qualify you for continued supply. This supplier is important to your plans. What do you do?
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