Question

Why should a country’s politico legal issues be considered when managing in a worldwide environment?

Answer 1

Explanation:

The legal system of a country is significantly important to international businesses. Differences in legal systems can affect the attractiveness of a country as market or investment site. A country's law regulate business practices, defines business policies, rights and obligations involved in business transactions

Answer 2

"The legal system of a country is significantly important to international businesses".

Explanation:

• Differences in legal systems might influence a country's desirability as a market or investment destination.
• The law of a country regulates business operations, specifies commercial policies, and establishes rights and obligations in business transactions.
• Politico legal issues are to be considered because for an organization to have a good foundations and to be able to go global, it has to come in good terms with the law.
• The government was able to actively implement the rules and regulations based on its political and legal beliefs.
• The advancement of existing technology has made it easier for sellers and buyers to conduct their own company.
• Countries, on the other hand, retain the ability to control or force firms to follow their laws and regulations.