Welcome to Dr. Siegel's International Business Web Site
GBU 201-001 CRN 20319T,R 1230 to 1345Combs 213
Copyright ©2005 C.Siegel
MKT309 MKT401 GBU201

Chapter 3 Politics and Law in Business
Opening case - Yahoo!
- How many international sites?
Alternative approach - MTV globalizing content
 

Political systems
Structures, processes, activities
... Politics closely aligned with culture
... Political participation (voter turnout) or not!
... Political ideologies
(continuum)

Anarchism
(Antiauthoritarian) - Pluralism - Totalitarianism (Stalin, Hitler, Mao, Kim Jong-il
) NoKo
... Theocratic Totalitarianism
... Secular Totalitarianism - Communist, tribal, right-wing

Political risk
Conflict and violence:
... Liberia in July 2003; Pakistan and India; Iraq and Russia
Terrorism and kidnapping:
... Southern Hemisphere danger zones for executive kidnapping include Mexico, Ecuador, Venezuela, Brazil, Colombia
Property seizure - confiscation, expropriation, nationalization (opposite of privatization)
Policy changes
Local content
Transparency and corruption - Revisit Transparency International - Corruption Perceptions Index

Managing political risk - strategies: Avoidance, adaptation, local equity/debt, localization, development assistance, partnerships, insurance

Legal systems
Common law Code law Theocratic law Totalitarian law - Tribal, Communist

Legal issues
Standardization - Some international laws exist
Intellectual property - Continuing problem
Industrial property - Patents, trademarks
Copyrights
Product safety and liability
Taxes

Business and international relations
The UN and other international organizations

Return to top of page