Describe some of the sources of political risk. Specifically, what forms can political risk take?
Do discussion questions (5-1 – (5-4) Write a min. 2 pages.
5-1. Describe some of the sources of political risk. Specifically, what forms can political risk take?
5-2. Global marketers can avoid legal conflicts by understanding the reasons conflicts arise in the first place. Identify and describe several legal issues that relate
to global commerce.
5-3. You are an American traveling on business in the Middle East. As you are leaving country X, the passport control officer at the airport tells you there will be a
passport “processing” delay of 12 hours. You explain that your plane leaves in 30 minutes, and the official suggests that a contribution of $50 would probably speed
things up. If you comply with the suggestion, have you violated U.S. law? Explain.
5-4. “See you in court” is one way to respond when legal issues arise. Why can that approach backfire when the issue concerns global marketing?