1. INTERNATIONAL BUSINESS ENVIRONMENT
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2. Nature of international business environment
Domestic
Foreign
international

3. Environment forces
Political-legal
Economic
Cultural
technological

4. Political environment
Two basic political systems
Democracy
Totalitarianism

5. Continued… Three institutions: Legislative Executive or Government
Judiciary

6. International laws Islamic laws Socialist laws Common laws
Civil or code laws

7. Principles of International laws
Principle of sovereignty
Principle of international jurisdiction
Nationality principle
Territoriality principle
Protective principle
Principle of doctrine of comity
Act of state Doctrine
Treatment & rights of Aliens
Forum for hearing &settling disputes

8. Economic environment Basic economic system Per capita incomes
GDP and GNP
Import and export
Balance of payment position
Population
Agriculture and industry
infrastructure

9. Technological environment
Features
Change and more change
Effects are widespread
Self-reinforcing

10. Impact of technology
Social implications
Economic
Plant level

11. Cultural environment Language Religion Education
Attitude towards business
Attitude towards work
Ambitious or complacent
Family
Time dimension
Manners and customs

12. End of chapter
Questions