Domestic, international and political environment impacts MNC.
When we make the above statement what do we mean? What is being impacted? Where are the areas that we see change or differences?
US government supports companies by providing information.
Is that a good use of government them?
Ideologies and Political systems
What do you think a country’s ideology tell us about the political system they adopt? ..about how that system is supported?
The text talks about the complexity of dealing with the EU because of the individualistic and collectivist ideals. Why does this increase complexity?
What is the difference between nationalization of businesses and nationalism?
What are the positive and negatives of nationalism? Do the benefits outweigh the costs?
Do you think there are different consequences for nationalism in the US and China?
Principles of International Law
Sovereignty and Sovereign Immunity
Countries have the right to rule
International Jurisdiction
Nationality Principle
Retain jurisdiction over own citizens
Territoriality Principle
Retains jurisdiction within territory
Protective Principle
Retain jurisdiction over behavior threatens security
Doctrine of Comity
Respect for laws, institutions, and governments in reference to own citizens
Act of State Doctrine
Accepts acts of other countries even when in conflict with US
Treatment and Rights of Aliens
Forum for Hearing and Settling Disputes
Legal and Regulatory Issues
Foreign Corrupt Practices Act
1977 – address bribes in international business
How did the critics think this act would impact business? Did that turn out to be the case? Why do you think these results happened?
Law.com Law Blog with examples of FCTPA
Bureaucratization
Privatization
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