1. Political Environment India became an official republic in 1950‚ and is currently the second largest country with a population of over 1.2 billion people. The country is made up of 28 states and 7 union territories. It functions as a federation‚ with a central federal government as the point of unification among its partially self-governed states and regions. India’s parliamentary system is governed by Constitutional law which came into force on 26th January 1950. Some of the strengths
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FIN610 Global Investment Prof. Surya. Chelikani Siyu Wu Sep. 09‚ 2013 The Political Investment Environment of India Investing in a country needs to take a look at all the political‚ economic‚ social and technological environments. India‚ as one of the post BRIC countries‚ developing with high economic growth‚ comparatively stable social and political environment‚ and essential infrastructure‚ attracts people all over the world to look for investing opportunities and start business
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Impact of Political environment on doing business in India As in any part of the world‚ political influence is highly essential to start a business in India. Especially if you are planning to start a multi billion business‚ some sort of political patronage is an absolute necessity. Not only for safeguarding the interest of the company but even to begin the process of getting the required sanctions‚ one requires hold in the high echelons of politics and administrative circles. Indian society is
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Hong Kong’s Economic and Political Environment Hong Kong’s retrocession in the summer of 1997 was an event long prepared for‚ and built up to‚ in the minds of the territory’s citizens and residents. A significant number of the educated applied for overseas passports and left for more politically and economically stable environments in which to live and work; the "Brain Drain" was a significant problem for Hong Kong from 1984. Return to Chinese rule brought a promise from China that Hong Kong
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The political environment in a country affects business organizations and could introduce a risk factor that could cause them to suffer a loss. The political environment could change as a result of the actions and policies of governments at all levels‚ from the local level to the federal level. Businesses need to be prepared to deal with the fallout’s of government politics locally and internationally. Let’s first define Political environment‚ there are several factors that creates an Inter-linkages
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In international business‚ knowledge about political environments is very important. Why? Please provide examples. The Political environment is often a direct consequence of the political parties in power‚ which represents the popular opinion of the citizens of the region. If the citizens are‚ for example‚ pro-Big Business then probably taxation will be modest and there will not be a lot of stringent rules about environmental considerations.If the citizens are very concerned about safety issues
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Q1. Identify three types of political risk evident in Chavez’s Venezuela and give an example of each. Political risk is the political forces will provoke drastic changes in a country’s business environment and adversely affect the goals of business enterprise. There are three kind of political risk in the case “Chavez’s Venezuela”‚ macro-political risk‚ micro-political risk and legal risk. After populist socialist president‚ Hugo Chavez took the office of Venezuela‚ he took many actions to
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Indian Political Scenario India was declared a Sovereign free State in the year 1950‚ and‚ the patriots who had struggled for this event could‚ never have visulaised that‚ after fifty years of that great event‚ India would be in such a dilapidated political shape as it was‚ in the year 1998‚ till now. The year 1998 presented a spectacular change in the political scenario of the country by outsing the erstwhile century old single political party of the country‚ the Indian National Congress. This ouster
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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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Political Factors In India‚ one can never over-look the political factors which influence each and every industry existing in the country. Like it or not‚ the political interference has to be present everywhere. Given below are a few of the political factors with respect to the airline industry: The airline industry is very susceptible to changes in the political environment as it has a great bearing on the travel habits of its customers. An unstable political environment causes uncertainty
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