2011-10-03 Definition of a Political System • The complete set of institutions‚ political organizations‚ and interest groups‚ • The relationships among institutions‚ and the political norms and rules that govern their functions International Business Part Two Comparative Environmental Frameworks Chapter Three The Political and Legal Environments Facing Business 3-2 Copyright © 2009 Pearson Education‚ Inc. publishing as Prentice Hall Individualism vs. Collectivism Political Ideology • Individualism:
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LEGAL SYSTEMS What is a legal system It is an operating set of legal institutions‚ procedures and rules regulating a given society From a law perspective: restricted to where the ’sovereign’ commands different laws for different groups of the population From a non state perspective: includes the system of courts and judges supported by the state as well as non legal forms of normative ordering. Normative ordering - e.g. Written codes‚ security forces‚ tribunals etc which replicate the structure
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The Business Environment: The Interrelationship Between Business and the External Environment A study of the Fast Food Industry 1. Adapt or Die 1.1 The consumer is king! An old adage I know‚ but it is truer today than it ever has been. Consumers are demanding more and businesses are having to respond or get left behind. The winds of change are certainly blowing through the empire of fast food
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A political system is an aspect of the social system‚ and political activity and study is a special category of social activity and study. The boundary of politics is often not clear‚ so that‚ for example‚ actions of trades union leaders may sometimes be induded in politics and sometimes not. The same is true of activities in areas more often thought of as economic‚ cultural and so on. For the purpose of analysis‚ the political system may be separated from economic and other systems but in practice
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Intro what are interrelationships in general? An interrelationship is where different brands or companies get owned or become a part of the same organisation. This occurs with larger tour operators that generally own their own hotels‚ airlines and travel agencies. Benefits of this include: - Ability to control the quality of all different products in the package. - Offering a good value for money holiday packages in a price competitive market. - Giving customers a seamless holiday package
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Legal and political environment • This environment is composed of laws‚ government agencies‚ and pressure groups that influence and limit various organizations and individuals. • Sometimes these laws create new opportunities for business. Various associations have been formed in India for automobile industry ➢ ACMA and SIAM are two major automobile association in India. ➢ acma(Automotive Component Manufacturers Association of India ) ➢ siam (Society of Indian Automobile
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THE UNIVERSITY OF HONG KONG FACULTY OF LAW BACHELOR OF LAWS PROGRAMME THE LEGAL SYSTEM OF HONG KONG 2012-2013 FINAL EXAMINATION (80% of Final Grade) COVER SHEET Student Number: __ 3035045281______ Word Count: Question 1: ____1197_____ Question 2: ____1198_____ Question 1 Lord Radcliffe considers the role of judges should be on the declaration of the law instead of creating law. According to the declaratory theory which is a classical notion: judges discover
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The legal system of the United States of America is very similar‚ almost to the point of being identical‚ to the legal system of the English-speaking Caribbean.”Discuss. The legal system of the United States of America and the English speaking Caribbean are predominantly common law legal systems. Both legal systems share a number of similarities; however‚ there are quite a number of pronounced differences that would make it impossible for one to conclude that both systems are similar to the point
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Political and legal forces are two of the three most important aspects for a business‚ with social forces being the third. Politics is a changing scene‚ and the rules and laws will change not regularly but often enough. Different elected parties have different feelings about certain business practices and use or alter the laws to change these. The same comes into play with trading in other countries. Organizations‚ especially the European Union‚ have a lot of rules for their member states with
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The Legal System Imagine you are the director of health information services for a medium-sized health care facility. Like many of your peers‚ you have contracted with an outside copying service to handle all requests for release of patient health information at your facility. You have learned that a lobbying organization for trial attorneys in your state is promoting legislation to place a cap on photocopying costs‚ which is significantly below the actual costs incurred as part of the contract
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