Exam 3: The Political and Legal Environments Facing Business

Rockwall Enterprises is planning to expand the firm by establishing operations outside of the U.S.In which of the following countries would Rockwall most likely be able to establish operations most quickly?

A U.S.firm with manufacturing facilities in Nigeria will most likely be faced with a ________ legal system.

How does a nation's legal environment affect an MNE's marketplace behavior,especially when the rule of man prevails?

The largest percentage of nations,within a contiguous geographic region,that adhere to the rule of man are located in ________.

Political systems based on the ________ paradigm,such as those of Japan and China,accept the principle that government may intervene to ensure that business practices benefit society.

Ian,a financial manager,is preparing to transfer to Germany where he will serve as an expatriate manager of his employer's European office.With which type of legal system will Ian most likely have to deal with in Germany?

Which of the following problems in China is blamed for the annual loss of $250 billion by American MNEs?

Skinner Electronics plans to expand into foreign markets.Top executives want the firm to focus only on locations where the rule of law prevails.Which of the following should most likely be considered by Skinner?

Which of the following is most likely a characteristic of a "partly free" country,such as Guatemala,Kenya,or Malaysia?

What are the differences between democratic and totalitarian political systems? What does current research suggest about the spread of democracy and totalitarianism in the world?

Which of the following countries has a collectivist orientation?

The Third Wave of Democratization was partially triggered by improved communication systems.

Which of the following is most likely a true statement regarding the rule of law? The rule of law is a hallmark of ________.

Totalitarian countries are favored by MNEs because state governments typically favor foreign investors over local companies.

A ________ law system is based on tradition,judge-made precedent,and usage and assigns a preeminent position to existing case law as a guide to dispute resolution.

How has intellectual property theft affected China's economy? What is the relationship between China's legal environment and intellectual property theft?

The march toward greater political freedoms and more expansive civil liberties,beginning in the 1970s,strongly fueled a sense of ________.

All of the following countries have a totalitarian political system EXCEPT ________.

________ refer(s)to the creative ideas,innovative expertise,or intangible insights that give an individual,company,or country a competitive advantage.

Which of the following is a true statement about China?