Last modified: 2018-09-28
Abstract
The Challenge of International Politics and Legal Structures on International Business
Abstract
Through research, we have found the most important aspects of political and legal structures that affect businesses that are, or are planning to operate on a global scale. The issue of political risk is one of the main factors behind businesses deciding to enter a new market in a new country. It is also one of the deciding factors for a business when looking to make deals with another business in a foreign country. This, coupled with the legal structure of the country, is two factors that weigh heavily on companies while making decisions about international business opportunities.
Key words: Global, International Politics, Legal Structures, Business Opportunity, Collectivistic Approach, Product safety Standards