Evaluating the Political-Legal Environment Assessment
Order ID:89JHGSJE83839 Style:APA/MLA/Harvard/Chicago Pages:5-10 Instructions:
Evaluating the Political-Legal Environment Assessment
Learning Goals
- To assess political and legal influences on international business activities
- To identify appropriate strategies for operating in various political-legal environments
Purpose
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.
Resources
Web links:
- Global Edge CyberSite: http://globaledge.msu.edu/
- Business Around the World Atlas: https://highered.mcgraw-hill.com/sites/0078137217/student_view0/business_around_the_world.html
Conduct research (1 page and half for this section)
Based on the country (Germany) you are analyzing for your global business enterprise (BMW), research information related to the following areas:
- Government and politics
Describe the type of government and recent political developments that could influence the economic and business environment of the country for BMW. (For example, various events in recent years in the middle east have contributed to an uncertainty when doing business with some countries.)
- Formal trade barriers
Identify formal trade barriers (tariffs and other taxes, foreign exchange controls, ownership restrictions) that might require a company to adapt its business strategy.
- Promoting global business
Analyze host government efforts to attract foreign investment. (Some nations offer tax incentives to attract foreign capital.)
- Intellectual property
Discuss the Germany’s regulations to protect intellectual property, such as brand names, copyrights, patents, software, music, videos. (Some countries do not enforce these laws resulting in the pirating of products and lost profits for companies.)
Next: 1 page and half also this section
E-commerce application
Prepare summary
In a separate word document, prepare a summary report consisting of the following components:
- An overview of government regulations, taxes, and formal trade barriers that affect global business activities.
- A synopsis of intellectual property rights and regulations.
- Recommend actions that might be necessary for an existing company (BMW) with regard to factors in the political and legal environment. Provide evidence to support your proposal.
View sample report
The following project segments are examples and sample materials.
Please note: these samples may not be duplicated.
Politically, Peru is currently quite stable. Harbors will give Peru an opportunity for expanded foreign trade giving them stronger exporting ties and therefore increasing political relations with other Latin American countries. Current political risks include the presidential election going on which might change certain tax factors that could directly affect the importing and exporting activities. In addition, the threat of guerilla upheaval on the government is a direct risk the company must consider.
Consumer and Franchising Laws have enabled companies to franchise their businesses more steadily as the government moves toward an unregulated, free trade economy. The Real Plan has resulted in a significant increase in the real income of poorer Brazilians as they were no longer forced to bear the inflationary burden. The Real Plan has effectively lowered the annual rate of inflation, reformed social security, taxation, and public administration. Therefore, the demand for consumer goods and services has expanded in Brazil.
Politically, Bolivia has had its share of instability, having gone from dictatorships to democratic rule. The military rule was in effect until very recent years, from 1964 until 1982. After this, Bolivia became a democratic country. Today, the government of Bolivia is a republic that is very active in foreign trade. The government is especially cooperative with educational resources, and they strongly support educational institutions (like El Coche Libro), and services.
Government regulations that our company will have to deal with include Peru’s current system of tariffs and taxes. Currently, Peru has a two-tier tariff structure with a duty of 15% on the vast majority of imports and 25% on the rest. However, Peru does have in effect a simplified drawback scheme, which allows small exporters to claim a flat 5% rebate.
Since the beginning of 1991, Peru has applied surcharges (in addition to the 15% tariff) on numerous agricultural products, including wheat, rice, corn, sugar, and milk products, but recently these surcharges have all but become extinct. Peru is also involved in free trade agreements, which grant tariff preferences to most Latin American countries.
A positive aspect of operation in Peru is the elimination of non-tariff barriers, including subsidies, import licensing requirements, import prohibitions, and quantitative restrictions.
Costa Rica has a stable democratic political system. “Bilateral relations between the United States and Costa Rica remain excellent, reflecting shared democratic values and traditions” (www.usatrade.gov). In February 1998, national elections voted in Miguel Angel Rodriguez of the Social Christian Party over Jose Miguel Corrales of the National Liberation Party.
In 1983, President Luis Alberto Monge announced Costa Rica’s permanent neutrality creating a demilitarized country, in which their constitution prohibits armed forces, only allowing room for the Coast Guard. Costa Rica is nicknamed the “Switzerland of Central America.” Tourists will be able to feel safe and secure when visiting this country.
Evaluating the Political-Legal Environment Assessment
RUBRIC
Excellent Quality
95-100%
Introduction 45-41 points
The background and significance of the problem and a clear statement of the research purpose is provided. The search history is mentioned.
Literature Support
91-84 points
The background and significance of the problem and a clear statement of the research purpose is provided. The search history is mentioned.
Methodology
58-53 points
Content is well-organized with headings for each slide and bulleted lists to group related material as needed. Use of font, color, graphics, effects, etc. to enhance readability and presentation content is excellent. Length requirements of 10 slides/pages or less is met.
Average Score
50-85%
40-38 points
More depth/detail for the background and significance is needed, or the research detail is not clear. No search history information is provided.
83-76 points
Review of relevant theoretical literature is evident, but there is little integration of studies into concepts related to problem. Review is partially focused and organized. Supporting and opposing research are included. Summary of information presented is included. Conclusion may not contain a biblical integration.
52-49 points
Content is somewhat organized, but no structure is apparent. The use of font, color, graphics, effects, etc. is occasionally detracting to the presentation content. Length requirements may not be met.
Poor Quality
0-45%
37-1 points
The background and/or significance are missing. No search history information is provided.
75-1 points
Review of relevant theoretical literature is evident, but there is no integration of studies into concepts related to problem. Review is partially focused and organized. Supporting and opposing research are not included in the summary of information presented. Conclusion does not contain a biblical integration.
48-1 points
There is no clear or logical organizational structure. No logical sequence is apparent. The use of font, color, graphics, effects etc. is often detracting to the presentation content. Length requirements may not be met
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