Geopolitical And Legal Factors In International Business

503 words - 3 pages

Chapter 02, Geopolitical and legal factors in international business

Geopolitics is the study of the influence of political and economic geography on the politics, national power, and foreign policy of the states. It’s the combination of geographic and political factors influencing a country or a region. It is also the national policy based on the inter-relation of politics and geography.
Geopolitics combines the study of geography with the study of politics. Geography refers to a physical landforms, size and resources while politics refers to relations between among state origin. The geopolitical environment refers to a region’s political situation while considering the countries’ geography, history, economic situation, religion, culture, and governmental structure. It may also relates either to a single to a single country situation or the one of an entire continent. The geopolitical environment of the Middle East for example is ...view middle of the document...

The geopolitical environment can change dramatically as different countries grow more powerful, as China for example develops economically its extensive resources of human capital and minerals, combined with its size and other geographic, historic, religious and political factors, can change the world geopolitical environment drastically.
The geopolitical environment is a tremendously complex concept as the relationship between countries and regions is multi–faceted, including world fare, politics, religion and resources all influence the analysis of the geopolitical environment.

I – Geopolitical factors

The factors relates to the type of countries in relation to history, civilization, and for example acceptance of free-trade.

01. Political and historic factors

* Old World New World
* Ex-communist countries Capitalism Countries
* Liberal countries / Interventionism countries
* Ethnics groups
* Variety of languages

02. Economic factors

* Rich emergents
* Natural resources
* Rich countries / Poor countries
* Work relationship
* Countries with an increase of demography or not
* Countries with have signed agreements or not
* Countries with high technology

03. Religious and cultural factors

* Diaporas, languages, ethnic communauty

II – Legal factors

* National sovereignty
* Both personal and company taxes
* Currency exchanges controls
* Trade restrictions including tariffs and quotas
* Embargos
* Currency control
* Environmental health or safety requirements
* Preferential treatments to local suppliers
* Red tapes in custom’s procedures
* Different measurement system
* Government subsidies to local firms
* Constrains on portfolio investments that protect local companies from being bought
* Expropriation and confiscation in national invention
* Security regulations, labor lows, specific banking procedures (anti-trust laws)
* Re-exportation (product and money)
* Patents
* Copyright, trademarks and trade-names
* Environmental laws
* Transfer pricing

Other assignments on Geopolitical And Legal Factors In International Business

Ethics And Social Responsibility In Business Strategic Planning

850 words - 4 pages Ethics and Social Responsibility in Business Strategic Planning MGT/498 June 20, 2014 Company stakeholders may not only be investors in a company they may also have voting power that can influence the social and financial impact of a company. With this voting power comes a social responsibility to the employees, customers and anyone associated with the company. The company's

Babbitt Ranches: Governance And Strategic Planning In Family Business

1210 words - 5 pages , ethical decisions generate and maintain trust, demonstrate respect, responsibility, fairness, and caring, and are consistent with good citizenship. Ethics is effective in guiding the organizations objectives as they relate to the corporate strategy. The case study; is about the mercantile and ranching industry leader Babbitt Ranches for analyzes of the ethics within the family business as it relates to their corporate strategy. It was the

Management Information System And How It Help In Business Application

281 words - 2 pages and searching through them for information was not a pleasant experience. Once software came available for an affordable cost for the business organizations, software development companies started developing project management software. This became quite popular among all the industries and these software were quickly adopted by the project management community. Project Management Information System (PMIS) is used by upper and lower management

“Underdevelopment Is Primarily A Consequence Of Cultural Rather Than Economic Factors”. To What Extent Do Sociological Evidence And Arguments Supports This View Of Underdevelopment In The World Today?

1103 words - 5 pages for take-off’ stage involves the introduction of material factors such as capital and technology from the West in the form of capital investment by Western companies and official aid. The ‘take-off stage’ is the most important and involves traditional attitudes and social institutions being overcome and replaced with their Western equivalents. For example, achievement replaces ascription and the nuclear family replaces the extended family or

Law421 Wk2

408 words - 2 pages Week2 Paper International trade can raise a lot of issues. Something so complex requires proper knowledge awareness. The conflicts that can arise in international trade can vary, legal disputes being one of them. When companies decide to do business internationally a contract is drawn. A legal dispute can arise if the contract is broken in any way. In the “Addressing International Legal and Ethical Issues” simulation Cadmex opted out of taking


3076 words - 13 pages 10 Profound political and social instability Risks are measured by impact and likelihood Risks are interconnected - one leads to another Roles and powers of business, government and consumers Sustainable investing is an investment approach making reference to environmental, social and governance (ESG) factors in the selection and management of investments The sustainable investment strategies covered by this report are: 1

How International Business Has Afftected The Busines World

2124 words - 9 pages How International Expansion has affected the Business world today International Business Abstract The business world as we know it today has changed from the business world that existed when our parents were growing up. Many business leaders and companies are beginning to expand their business internationally or globally. The advances in technology, and with the use of internet, television shows and politics we see the mention of

Macroenvironmental Effects On The Marketing Mix And Qantas

2557 words - 11 pages While the previously discussed factors can be viewed as crutches in some scenarios but as opportunities in others, legal factors are more likely to restrict a business from doing something, or cause them to do something that they otherwise would not do. Khattab et al (2012) state that based on their research, legal risks that a company faces as a result of operations (whether it be domestic or international) pose a great threat for the business

Create Your Own Business In Uae

967 words - 4 pages Government supported whole-heartedly by all Emiratis, the policy directed towards development of peaceful relations with the international community and political weight of the UAE based on its economic wealth and wise governing has made the country a leading power in the region. It creates a political stability, which makes the country a very attractive place for business development. It creates a fast-growing market for my business.  Legal factors

International Business

1506 words - 7 pages progress * The factors of running the business successful of designed company has been list out from difference methods such as library catalogues, electronic database, journal articles and so on. And the above mention factors will be analysis by various theories that found from the textbook. 2) Research topic * To what extent, does the difference in culture affect the role of company in international business? F) Essay Plan Outline


551 words - 3 pages , the needs, and their ways of working. Social changes have happened because of several forces like education, urbanization, feeling of autonomy, and international impact due to new information sources. * Political and Legal Changes Political and legal factors broadly define the activities which an organization can undertake and the methods which will be followed by it in accomplishing those activities. Any changes in these political and

Similar Documents

International Legal And Ethical Issues Simulation Summary

590 words - 3 pages An international company should have a very specific contract agreement with their out of country partners specifying the form of law as well as the forum of which disputes are handled. Some of the issues addressed in this simulation were ethical issues and government issues. One ethical issue was when the country was having a viral epidemic they forced the foreign company to breach their contract to supply enough medication to save peoples

Addressing International Legal And Ethical Issues Stimulation Summary

581 words - 3 pages Addressing International Legal and Ethical Issues Stimulation Summary LAW/421 Addressing International Legal and Ethical Issues Stimulation Summary CadMex and Candore based Gentura are both a United States based Pharmaceutical Company that want to enter into a partnership together. In the stimulation there was a few situations where legal and ethical issues arouse and had to be handled. International Transactions Legal Disputes

Identify The Factors That Most Strongly Influence Hr Planning In International Markets

280 words - 2 pages • Identify the factors that most strongly influence HR planning in international markets. The factors affecting HRM in international markets are culture, education, economic systems and political – legal systems. Culture affects a country’s laws, values, people’s economic systems and efforts to invest in education. Practices that are effective in some countries are ineffective in some other countries. The five dimensions of culture are

Social, Legal, And Ethical Issues In The Information Age

5310 words - 22 pages , and prices may increase. On the basis of this analysis, what legal or business steps do you think should be taken to better protect the privacy of customers using the Internet? While student answers will vary, most will suggest that we need laws to regulate data collection in the private sector. Some students may suggest the need for due process and may suggest that a regulating agency be established. Window on Management: Alberta