THE POLITICAL, LEGAL, AND

TECHNOLOGICAL ENVIRONMENT
Chapter 2
Political Environment
The political system or system of government in a
country greatly influences how its people manage and
conduct business.
Change in government policies
Stability of governments
Political systems vary greatly between nation/states
Legal and regulatory frameworks
Ideologies
Democratic to totalitarian
Individualism or collectivism.
Socialism
Communism and
Social democracy
Difference between the nationalization of businesses
and nationalism.
Political Systems
Democracy
Totalitarianism
Legal and Regulatory Environment
Islamic law
Socialist law
Common law
Civil or code law
Basic Principles of International Law
Sovereignty and sovereign immunity
Principle of sovereignty
International jurisdiction
Nationality principle
Territoriality principle
Protective principle
Doctrine of comity
Act of state doctrine
Treatment and rights of aliens
Forum for hearing and settling disputes
Specific laws that can have a direct impact
on international business.

Financial Services Regulation

Foreign Corrupt Practices Act
Bureaucratization
Changing international regulatory
environment

Privatization
Regulation of Trade and Investment
Technological Environment and Global Shifts
Trends in Technology, Communication, and
Innovation
7 specific ways in which technology will affect
international management in the next decade
Biotechnology
E-Business
Telecommunications
Technological Advancements, Outsourcing, and
Offshoring
Thank you all