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mgm355-1404a-01_classdisussion_phase2.docx

MGM355-1404A-01

Class Discussion Phase 2

Colorado Technical University

Instructor:

08/27/2014

1. Describe the systems

The two countries I chose for this discussion are Egypt and the United States. Egypt’s governmental system is currently by dictatorship. The United States governmental system is a democratic nation. The U.S. president is elected by the Electoral College and serves a four year term and can then opt to run for the position again and run an additional for. Yet no President can serve over two terms in the office. In Egypt there are no elections it is under one sovereign ruler and stays that way until he passes. In Egypt freedoms are limited to the ones the dictator gives. The United States people are covered by a myriad of freedoms but we to have laws.

2. Discuss what it would be like doing business in each of the countries. Include political risks.

Egypt is in a phase of political unrest which is quiet often in this country. This needs to be taken into consideration because it is one of many political risks you will face when doing business in this country. Regime changes never go over easily. You need empower the local management to make sure they are on top of the situation and stay ahead of it. They need to take preemptive steps ensuring the employees safety. They will know what’s happening on the job site to make sure any outside act ivies are happening on company ground because this can jeopardize the business of the company. In the United States there is any political risk to assume. The governing bodies and laws are policed. We can tend to have civil unrest when court cases ruling do not favor public eye.

3. What are their legal systems like?

The judicial system in Egypt is independent branch both religious and secular. Egyptian civil code is the main source for their civil law. Here in the United States we go through phases our local courts system that can be appealed to the State courts, applet courts all the way up to the Supreme Court. That is here prima factors are made.

4. Do you believe legal systems should be standardized internationally as globalization increases? Why or why not?

That’s hard to say especially dealing with religious states. You can’t force someone to go against their religion to follow laws that be. I am a firm believer that people should be able to practices their beliefs as long as it doesn’t impede on the laws that govern. For instance I am a Jehovah witness due to my beliefs I do not vote. Why make a law to force me into going against it. As long as laws can be set up to govern all businesses regardless of the country that it is in that does not infringe upon ones religion than yes a standardized international laws should be deemed for business upon globalization.

5. How does that affect national sovereignty?

Individualism would be lost and anarchy would reign supreme who then will have the final say. What courts do you go too. It’s a hard thing because man is aways going to have conflict with man.

References

Deloach, J. (2011, 06 02). Forbes. Retrieved from Forbes.com: http://www.forbes.com/sites/ciocentral/2011/02/06/doing-business-in-egypt-protecting-your-assets/

Griffin, J. (2014, 08 25). Fox News. Retrieved from Foxnnews.com: http://www.foxnews.com/world/2014/08/25/uae-egypt-carry-out-airstrikes-in-libya-without-us-consent-officials-say/