Understanding Management (MindTap Course List)
10th Edition
ISBN: 9781305502215
Author: Richard L. Daft, Dorothy Marcic
Publisher: Cengage Learning
expand_more
expand_more
format_list_bulleted
Question
Chapter 3, Problem 5GL
Summary Introduction
To determine:
Country in the middle east that has strength in terms of legal institutions and inexpensive procedures for doing business out of the countries option that is provided.
Introduction:
Legal institutions are rules of society or the humanly devised limitations that shape human interactions. These are a subset of the overall institutional framework. These legal institutions protect businesses from different aspects based on how strong the legal institution is.
In order to start the business or conduct the business there are legal costs involved, when these costs are too high businesses are less likely to invest and do business in those countries.
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solutionStudents have asked these similar questions
Select a country you feel would have a challenging business environment to enter. Describe at least one issue related to political, economic, and legal systems.
The political and legal environment in Ghana is very stable and peaceful. Using yourchosen organisation, why do you think it is essential for Ghanaian businesses to be aware of thetrends in the political-legal environment.
How does legal aspect affect international businesses?
(Please answer it clearly so thay I can understand it well, thank you...)
Chapter 3 Solutions
Understanding Management (MindTap Course List)
Ch. 3 - Prob. 1OTJVCCh. 3 - Prob. 2OTJVCCh. 3 - Prob. 3OTJVCCh. 3 - Prob. 1DQCh. 3 - Prob. 2DQCh. 3 - Prob. 3DQCh. 3 - Prob. 4DQCh. 3 - Prob. 5DQCh. 3 - Prob. 6DQCh. 3 - Prob. 7DQ
Ch. 3 - Prob. 8DQCh. 3 - Prob. 9DQCh. 3 - Prob. 10DQCh. 3 - Prob. 1SLCh. 3 - Prob. 2SLCh. 3 - Prob. 3SLCh. 3 - Prob. 4SLCh. 3 - Prob. 5SLCh. 3 - Prob. 6SLCh. 3 - Prob. 7SLCh. 3 - Prob. 8SLCh. 3 - Prob. 9SLCh. 3 - Prob. 10SLCh. 3 - Prob. 1GLCh. 3 - Prob. 2GLCh. 3 - Prob. 3GLCh. 3 - Prob. 4GLCh. 3 - Prob. 5GLCh. 3 - Prob. 6GLCh. 3 - Prob. 7GLCh. 3 - Prob. 8GLCh. 3 - Prob. 9GLCh. 3 - Prob. 10GLCh. 3 - Prob. 1ALCh. 3 - Prob. 2ALCh. 3 - Prob. 3ALCh. 3 - Prob. 4ALCh. 3 - Prob. 1EDCh. 3 - Prob. 2EDCh. 3 - Prob. 3EDCh. 3 - Prob. 1CFCACh. 3 - Prob. 2CFCACh. 3 - Prob. 3CFCA
Knowledge Booster
Similar questions
- Write a 500 words essay that compares the war in Ukraine to the Syrian war.arrow_forwardDiscuss the notion of the "social contract" and how that might be considered in management's decision to pay higher taxes to the company's home country or to shop for a country that imposes lower taxes, then relocate the company's headquarters there.arrow_forwardrepresentative democracy with free periodic elections is the only form of legitimate government. Discuss.arrow_forward
- Explain followings with appropriate examples: a) Expatriates. b) Third-country Nationals. c) Local-country Nationals.arrow_forwardWhich country is characterised by dispersed ownership in international corporate governance? a. Netherlands b. United Kingdom c. Germany d. Francearrow_forwardWhich of these political factors will bring an opportunity to a retail store? a. peace and order in the country b. high employment rate in the country c. changing population d. higher birth rates in the countryarrow_forward
- What can McDonalds do about Bakshis use of local Indian courts? How can multinationals adequately prepare for such situations?**arrow_forwardUsing appropriate academic resources, assess the impact of a country's economic, demographic, and political/legal environment on business. You should select a country that you are at least somewhat familiar with. I have listed some ideas to give you a starting point on your research. You should include this information but are not limited to only this information. After you find the information on each of these three sections, write a paragraph analyzing how this impacts business in the country. Your assignment should be at least 2 pages long and you should use APA format to cite your sources. Economic Environment Economic growth data Employment data Inflation data Income distribution Interest rates Political and Legal Environmentarrow_forward
arrow_back_ios
arrow_forward_ios
Recommended textbooks for you
- Understanding Management (MindTap Course List)ManagementISBN:9781305502215Author:Richard L. Daft, Dorothy MarcicPublisher:Cengage Learning
Understanding Management (MindTap Course List)
Management
ISBN:9781305502215
Author:Richard L. Daft, Dorothy Marcic
Publisher:Cengage Learning