Global Perspective Presentation
Overview and Insights
Political, economic, and legal systems are like the tripod a country’s existence is standing on. Those systems, although each evolve like their own beast and at various rates, share similar roots. Each society’s structure, history, general belief system, moral structure, and national identity impact the type of political, legal, and economic system they formulate. Those systems affect the way people do business, interact in the marketplace, construct their contracts, interact with the outsiders, predict the outcome of current events, and manage their resources.
Failure by international business leaders and entrepreneurs to understand each of those three systems individually and their effect on each other as well as their mechanism collectively can result in complete business failure (and maybe serious liabilities and losses).
However, and like anything else, understanding the core mechanism of the political, economic, and legal systems in a given country can help business leaders avoid unnecessary challenges and also find new opportunities. The main idea is to be open minded while remaining realistic, respectful, and objective when assessing another country’s systems.
Assignment Description
Pick two countries, each one from a different continent (and preferably one from a developed region and one from a developing region) and perform a higher level (just key points without detailed explanation) comparison between the two nation’s political, economic, and legal systems. Highlight the key differences in each country’s political, economic, and legal systems. Also, based on the structure of political, economic, and legal systems in those countries, highlight the key risks and opportunities for doing business in those countries.
Narration: You are highly encouraged to narrate your PowerPoint slides and add your voice and energy to your presentation.
Answer preview for Global Perspective Presentation
APA
300 Words