INTB 1203 Chapter Notes - Chapter 2: Gross National Income, Analog Science Fiction And Fact, Empresas Polar
16 Dec 2016
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Political economy: the political, economic, and legal systems of a country. Impact on: benefits, costs, risks (political, economic, legal) of doing business: management practice and business strategy. Individualism (aristotle, hume, smith, mill) freedom of expression, economic self-interest. Instability ukraine, iraq, egypt, syria, to name a few. Implications for business and economic growth: mixed economy: state intervention, gni: total annual income received by residents of a nation (per capita, ppp (purchasing power parity): gni adjusted for cost of living compared to us. Contract: a document that specifies the conditions under which an exchange is to occur and details the rights and obligations of the parties involved. Contract law: the body of law that governs contract enforcement. United nations: convention on contracts for the international sale of goods (cigs): a set of rules governing certain aspects of the making and performance of commercial contracts between sellers and buyers who have their places of.
