Write a three to four page paper analyzing the political and legal dimensions of

Question

Write a three to four page paper analyzing the political and legal dimensions of the international marketing environment. Ensure you include the eight major subject areas: the impact of political climate to marketing efforts, the importance of the political system to international marketing, the impact of political and social activist violence and terrorism on international business, the importance of and problems associated with intellectual property rights abroad, the factors of legal dispute jurisdiction, how legal differences between countries affect international marketing plans, the ways U.S. law can be applied to U.S. companies operating outside the U.S., and the issues associated with global cyber law.

Explanation / Answer

A company is always prone to some external factors which changes its focus on International operations. The factors are responsible for all the changes in the international marketing strategies as well as policies of the organisations.

Some factor which affects business operations internationally are as follows

Increasing Competition

As the competition is growing and there are so many competitors are coming up with similar ideas in international markets. As international markets are huge and the number of businesses who are working internationally are also very big. Hence number of affecting competitors is also increased which directly affects the organisations overall capability and business operations. By having a tough competition in the same feel your company is dealing in, overall profit margins are reduced and we have to focus on better promotion strategy to compete with the other competitors as well.

Policies of government

Government policies is one of the most major factor that influences a company's overall international business operations. As the government policies changes company's business operations are diversely affected. At some places government policies can be against the company's business strategy and at some places it can be in favour hence it creates a difference between two places of doing business. Why these changes and policies of government a business is really affected internationally.

Natural forces

If a company lacks a natural resource then we cannot do anything about it, changes from place to place and in international market If a company cannot find a proper resource then it cannot survive in the same location.

Socio cultural factors

Socio cultural factors diversely effects companies international business operations, as the socio-cultural factors produces a cultural difference in the company as well as the workplace. In international market where different cultures are working all together, effect of social cultural environment is very big.

Demographic factors

Demographic factors are the one of the most influencing factors for affecting the international operations for a business. Demographic factors are uncontrollable and directly affects the company's over on productivity as well as diversity which affects its International operations.

Technological advancement

Technological advancement is taking place. Many companies are coming up with their own ideas who are more technically advanced and developing new ways to deal with the International markets which is increasing the overall thread for the companies in international platforms.

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