Evaluating Global Enviornments Flashcards
1
Q
Define the political systems.
A
The structural dimensions and power dynamics of its government that specify institutions and organisations
2
Q
Describe purpose, success and failure under political environment
A
Purpose - integrating different groups into a self sustaining and self government society
Success - peace and prosperity
Failure - instability and national disintegration
3
Q
What are the political risks attached to political environment
A
Any political or governmental decision within a country should affect the long term sustainability and profitability of the firm
4
Q
Under political risks, describe systemic risk
A
These are non-conventional risks to economies and financial systems.
