Attm Collen: 2part assignment D

The political environment includes all laws, government agencies, and lobbying groups that influence or restrict individuals or organizations in the society. The political environment also is about how changes in government policy might affect the business. The legal environment is about how legislation in society affects the business, i.e. changes in employment laws on working hours. This will NOT include lawsuits. Continue to Lesson 5 for more information and details.

International law is so widely varied depending on the country. Is your country (domestic or global) a developed or non-developed country? Maybe you’re working in both types. You must be cognizant of the legal environment of every country you conduct business in. What laws exist from both countries that affect your trade? When there is a conflict, which company’s laws have influence over the other? How will you resolve those conflicts?

 Each country will have a variety of laws – common, civil, bureaucratic, and religious. There are also a multitude of laws that are politically based that protect the home country, such as sovereignty (a country has absolute power of what happens on their land, in their borders, no matter where you are from or who you are), sovereign immunity (a sovereign country is immune from jurisdiction, or lawsuits; in other words, a sovereign nation can’t be sued by another country when conducting business on their land), act of state doctrine (a sovereign nation is protected within its own borders and cannot be sued by another based on the sovereign’s actions in its own borders). There are also numerous trade laws to consider, antitrust laws, foreign corrupt practices, etc.

 Please keep in mind that this does NOT involve lawsuits.

  All Sources must be “Scholarly Article or Book”. A scholarly article or book generally is based on original research or experimentation. It is written by a researcher or expert in the field who is often affiliated with a college or university. Most scholarly writing includes footnotes and/or a bibliography and may include graphs or charts as illustrations as opposed to glossy pictures. In addition, articles that appear in scholarly journals or book that are published by academic presses, are subject to a peer-review process, which means that other "experts" or specialist in the field evaluate the quality and originality of the research as precondition of publication. The peer-review (as opposed to editorial review) process is also one thing that sets scholarly journals apart from journals that may otherwise seem quite similar. Journals such as Foreign Affairs, for instance, are generally not considers "scholarly journals," because many of the articles are solicited by the magazine's editors; in addition many of the articles are written by policy-makers who may be expressing an informed view, but whose article may not be based on original research.Scholarly research is typically published by a academic association or a university/academic press. In international relations and comparative politics, representative scholarly journals include Asian Survey, Comparative Politics, International Organization, International Security Studies, Journal of Comparative Politics, Journal of Democracy, and World Politics.

Reading / Resources:

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