Chapter 6: Political Environment: A Critical Concern Flashcards Preview

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Flashcards in Chapter 6: Political Environment: A Critical Concern Deck (6)
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1
Q

5 Main political issues

A
  1. unstable gov’t
  2. Changes in political parties during elections
  3. Nationalism
  4. Animosity toward certain countries
  5. Trade Disputes
2
Q

3 Political risks of entering new country

A
  1. Confiscation
  2. Expropriation
  3. Domestication
3
Q

Confiscation

A

Seize assets without payment

4
Q

Expropriation

A

Turning private goods into public goods

5
Q

Domestication

A

Enter country as partner instead of competitor

6
Q

3 ways to minimize political risks of entering new country

A
  1. Know
  2. Assess
  3. Control