What are the major political risks involving the country featured in your international business plan project?

What are the major political risks involving the country featured in your international business plan project?

part1 half page

Please, review the website below. Then answer the following questions.

https://www.marsh.com/us/insights/research/political-risk-map-2020.html

1. According to this website, how can political risks (when materialized) hurt foreign businesses?
2. What are the major political risks involving the country featured in your international business plan project? You can find this information by clicking your country in the political risk

part2 half page

When entering to a foreign country, it is important to analyze what kind of environment that country provides for doing business. The PESTEL framework may help you doing this analysis. Please, watch the video below

https://youtu.be/bYn4CyL3r5w

and review the related website

https://www.business-to-you.com/scanning-the-environment-pestel-analysis/

Then answer the following questions:

1. What are the key components of the PESTEL framework? What indicators can you use the measure them?
2. Please, collect some key indicators on the country featured in your international business plan project. You may use tradingeconomics.com , theglobaleconomy.com , data.oecd.org and data.worldbank.org to locate these indicators.
3. What do these indicators tell you about the country of your interest

part 3 half page

Doing Business website provides some useful information on how easy or difficult it is to conduct business in various countries. Please, review the website below and answer the following question:

https://www.doingbusiness.org/

1. What does this website tell you about doing business in the country featured in your international business plan? Please, note that you can find information on your country by using Select an Economy tab.

part 4 half page

Please, read Chapter 7 in your text book and Huang & Madnick article in your course pack and answer the following questions.

1. Based on Chapter 9, Huang & Madnick article and this week’s lecture, how can international entrepreneurs mitigate political and legal risks before them happening?

2. What are the major legal concerns for entrepreneurs operating in international markets?