1)In this course, we provided an overview on how the economic, political, and legal environments affect international business operations. For this essay, explain how the legal environment affects international business operations.
2)For this essay compare and contrast the ethical and financial environments along with their affect on international business operations.
3)In this essay, identify in detail the characteristics of culture for conducting international business. Provide an example of a culture characteristic that affects business.
4)Globalization is driven by policies that have opened economies domestically and internationally. In this essay, identify specific challenges and opportunities globalization presents to International Business.
Legal Environment in International Business Name Institute of Affiliation Date Legal Environment in International Business Question One The legal environment of business refers to the code of conduct that defines the legal boundaries for business activity. The limits come as a result of the laws and policies initiated by the government which at the end has an impact on the international sales. The nature of business spans over some legal realms, all of which are continuously influenced by the needs and demands of the business community, consumers, and the government. Each has a distinct stake and voice in this vibrant legal environment. The environment of the firm provides a practical introduction to the structure and the functioning of business. The settings determine how businesses are created, the ways contractual arrangements are structured, the enforcements of the contracts and