Management International Management Chapter 1 Questions

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1. What means can managers use to assess political risk? What do you think is the relative effectiveness of these different methods? As the time you are reading this, what countries or areas do you feel pose political risk sufficient to discourage you from doing business there?

2. How has the economic downturn affected trends in protectionism and nationalization?

3. Discuss the importance of contracts in international management and how contracts are viewed in other countries. What steps must a manager take to ensure a valid and enforceable contract?

4. Discuss the risk of terrorism. What means can managers use to reduce the risk or the effects of terrorism? Where in the world, and from what likely sources, would you anticipate terrorism?

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