Scenario: You are the owner of a company who is considering taking your business international. You recognize that politics and legal factors play as significant role in international business dealings, so you begin conducting research to better understand what you are facing. Write a report that details the following key elements:
Identify the five major types of political systems.
Provide and overview of each of the systems, being sure to note key characteristics.
For each type, identify a country that governs itself based on that system.
List two or three questions, per country, that you should ask yourself in order to determine whether or not to proceed with establishing business in that country. Note: You should consider the political structure.
Explain why these questions are important.