Question: answer these questions based off Greece. Module 4: Assessing the Political and Legal Environment 1. GOVERNMENT AND POLITICS Describe the type of government and recent

answer these questions based off Greece.

Module 4: Assessing the Political and Legal Environment 1. GOVERNMENT AND POLITICS Describe the type of government and recent political developments that could influence the economic and business environment of the country. (For example, various events in recent years in the Middle East have contributed to an uncertainty when doing business with some countries.) 2. FORMAL TRADE BARRIERS Identify formal trade barriers (tariffs and other taxes, foreign exchange controls, ownership restrictions) that might require a company to adapt its business strategy. 3. PROMOTING GLOBAL BUSINESS Analyze host government efforts to attract foreign investment. (Some nations offer tax incentives to attract foreign capital.) 4. INTELLECTUAL PROPERTY Discuss the countrys regulations to protect intellectual property, such as brand names, copyrights, patents, software, music, videos. (Some countries do not enforce these laws resulting in the pirating of products and lost profits for companies). 5. Does your country adhere to Collectivism vs. Individualism? 6. Is your country a Democracy, or follow totalitarianism? 7. Economy: market, command, or mixed? 8. Does your country support Common, civic, or theocratic law? 9. What are the property rights your country? Can you own a home or business if youre not a citizen? Are property rights strong or weak in your country? 10. What is your countrys Corruption index score? 11. What are your countrys Product liability laws? Are they strong or weak?

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