Management Notes > University Of Exeter Management Notes > International Management Notes

International Management The Political Legal And Technological Environment Notes

This is a sample of our (approximately) 4 page long International Management The Political Legal And Technological Environment notes, which we sell as part of the International Management Notes collection, a 1st package written at University Of Exeter in 2012 that contains (approximately) 120 pages of notes across 11 different documents.

Learn more about our International Management Notes

The original file is a 'Word (Docx)' whilst this sample is a 'PDF' representation of said file. This means that the formatting here may have errors. The original document you'll receive on purchase should have more polished formatting.

International Management The Political Legal And Technological Environment Revision

The following is a plain text extract of the PDF sample above, taken from our International Management Notes. This text version has had its formatting removed so pay attention to its contents alone rather than its presentation. The version you download will have its original formatting intact and so will be much prettier to look at.

The Political, Legal and Technological Environment


Individualism - The political philosophy that people should be free to pursue economic and political endeavours without constraint

Collectivism - The political philosophy that views the needs or goals of society as a whole as more important than individual desires

Socialism - A moderate form of collectivism in which there is government ownership of institutions and profit is not the ultimate goal.

Democracy - A political system in which the government is controlled by the citizens either directly or through elections.

Totalitarianism - A political system in which there is only one representative party which exhibits control over every facet of political and human life.

Principle of Sovereignty - An international principle of law which holds that governments have the right to rule themselves as they see fit.

Biotechnology - The integration of science and technology to create agricultural or medical products through industrial use and manipulation of living organisms.


Domestic and international political environments have a major impact on MNC's. As government policies change MNC's must adjust their strategies and practices.

Underlying the actions of a government is the ideology informing the beliefs, values, behaviour and culture of the nation and its political system.

Effective management occurs when different ideologies and philosophies are recognised and understood.

A political system can be evaluated along two dimensions o

Focuses on the rights of citizens under governments (ideology of the system)


Measures whether the focus is on the individuals or broader collective (Degree of individualism/collectivism)

Democratic = individualism

Totalitarian = collectivism


Idea is that working in in a group requires less energy per person to achieve the same goal, but an individual will work as hard as he or she has to in order to survive in a competitive environment.

****************************End Of Sample*****************************

Buy the full version of these notes or essay plans and more in our International Management Notes.