Why is it necessary for managers to study the political and legal environments in which they...
Why is it necessary for managers to study the political and
legal environments in which they do businesses?
Homework Answers
The political and the legal environment both affect the business environment and therefore the profitability and the sustainability of business firms.
Political stability is essential for social and economic stability. Political stability ensures a consistency and continuity of the economic policies of the government. Also, different political regimes have different policies regarding taxation, trade, and regulations. Therefore, the state and direction of the political regime affect businesses.
The legal environment determines how safely a firm can conduct business and how well its contracts, properties and rights are protected. A simple and favorable legal environment is favorable for businesses and a complex legal environment is detrimental to businesses. Also, there should be sufficient legal options in the country for a firm to be able to protect itself.
Add Answer to:
Why is it necessary for managers to study the political and
legal environments in which they...
Discuss the political and legal environments in the PESTEL model.
Discuss the political and legal environments in the PESTEL model.
How do the political, economic, and legal environments of a country affect international trade? And what...
How do the political, economic, and legal environments of a country affect international trade? And what factors make a country favorable for doing business?
solve it In which of the following environments do managers in an organization have the greatest...
solve it
In which of the following environments do managers in an organization have the greatest influence on organizational outcomes? Select one: a. stable and simple environments O b. dynamic and simple environments O c. stable and complex environments O d. dynamic and complex environments
why study political science?
why study political science?
Define organizational politics and political strategies. Why is it important for managers to engage in organizational...
Define organizational politics and political strategies. Why is it important for managers to engage in organizational politics?
Market Entry Plan: Political and Legal Environment Political stability is commonly related to the type of...
Market Entry Plan: Political and Legal Environment Political stability is commonly related to the type of government and degree of corruption present in a country. In addition, a company may face various business regulations when conducting international business. In this module, your goal is to identify political and legal factors that could affect global business decisions. Based on the country (Turkey) you are analyzing for your global business enterprise, research information related to the following areas: 1) GOVERNMENT AND POLITICS...
Please write a statement for University why do you choose Political science major to study.
Please write a statement for University why do you choose Political science major to study.
Why it is important to study the democracy and how it is useful for political science?
Why it is important to study the democracy and how it is useful for political science?
Financial managers work in just about every industry and every country in the world. In fact,...
Financial managers work in just about every industry and every country in the world. In fact, in 2013, the need for financial managers increased by almost 4%, creating over 5,000 new positions worldwide. Why is the financial management position becoming so important? What do financial managers do and what types of businesses employ financial managers? The responsibilities of and need for financial managers? Explain the responsibilities of financial managers working in global business environments. Then, describe the types of businesses...
Based on the macro-environmental factors (demographic, economic, social-cultural, technological, political-legal, and e...
Based on the macro-environmental factors (demographic, economic, social-cultural, technological, political-legal, and ecological) which three factors are most relevant to the physical therapy business and why?
solve it
In which of the following environments do managers in an organization have the greatest influence on organizational outcomes? Select one: a. stable and simple environments O b. dynamic and simple environments O c. stable and complex environments O d. dynamic and complex environments
Most questions answered within 3 hours.
-
The number of years of education of self-employed individuals in
the United States has a population...
asked 6 seconds from now -
Can I get a C++ code and output for this program using classes
instead of using...
asked 2 minutes ago -
Write an essay containing your thoughts on
whether corporations should be limited in the amount of...
asked 13 minutes ago -
A 4.0 L flask containing chlorine gas is connected to an
evacuated 3.0 L flask. If...
asked 12 minutes ago -
Given the following two sequences x (n)=[3 , 11,7 ,0 ,ā1, 4 ,2
],ā3ā¤nā¤ 3 ;...
asked 13 minutes ago -
What is the minimal sample size needed for a 95% confidence
interval to have a maximal...
asked 14 minutes ago -
1. Methods of collecting data - Experiments and direct
observation
In each of the following situations,...
asked 28 minutes ago -
Each protein is composed of a maximum of ____________ different
amino acids in varying numbers and...
asked 45 minutes ago -
One member in the comp set that did not have supply, demand, and
revenue data. What...
asked 23 minutes ago -
What is the density of a substance that takes up 3.4e3 cubic cm
and weighs 1.96...
asked 38 minutes ago -
Consider a single wire loop of radius a. Calculate the magnetic
field B(z) along the axis...
asked 34 minutes ago -
For each of the compounds listed below you must draw the Lewis
dot structure in the...
asked 37 minutes ago