1. Politics, Law, and Business Ethics Copyright © 2010 Pearson Education, Inc. publishing as Prentice Hall

2. International Business 5e Chapter 3 - 2 Describe each main type of political system Identify the origins of political risk and how managers can reduce its effects Describe each main type of legal system and important global legal issues Explain ethics and social responsibility and key issues facing international companies Explain how international relations affect international business activities Chapter Preview

3. Copyright © 2010 Pearson Education, Inc. publishing as Prentice Hall International Business 5e Chapter 3 - 3 Political Ideologies Both private and public groups need to balance each other’s power Every aspect of people’s lives must be controlled to preserve order Only individuals and private groups can preserve personal liberties TotalitarianismAnarchismPluralism

4. Copyright © 2010 Pearson Education, Inc. publishing as Prentice Hall International Business 5e Chapter 3 - 4 ImposedauthorityImposedauthority Lack of constitutionalguarantees constitutionalguaranteesRestrictedparticipationRestrictedparticipation Totalitarianism  Leaders govern without people’s support  Government controls much of people’s lives  Leaders do not tolerate opposing viewpoints

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