CHAPTER 2

Economic and Political Environment

LEARNING OBJECTIVES

After reading this chapter, you should be able to:

  • Understand the meaning of the term business environment
  • Distinguish between the international and domestic business environment
  • Understand the basic features of the international business environment
  • Analyse the specific characteristics of the international economic environment
  • Identify the dominant political ideologies of the world
  • Understand the changing role of transnational and regional forces in shaping political systems
  • Appreciate the different dimensions of political risk in business decision making

THE SHARING ECONOMY

Who hasn’t heard of AirBnb and Uber? These household names are the icons of the sharing ...

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