Global and Transnational Management

 

 

1. How do managers assess political risk?
a. What countries or areas do you feel have political risk sufficient to discourage you from
doing business there?
b. How can political risk be managed?
c. What methods can be used to manage political risk, and how effective are they?
2. What is meant by the culture of a society, and why is it important for international managers to
understand it?
a. How do these differences affect the work environment?
b. How do cultural differences affect your team projects?
3. What is the impact of the rise of emerging-market countries on the strategic planning of firms
around the world?
a. How can managers assess the potential relative competitive position of their firm to
decide on new strategic directions?

Sample Solution

Political risk is the risk an investment`s returns could suffer as a result of political changes or insatiability in a country. The simplest way to manage political risks is to avoid investing in a country ranked high on such risks. Where investment has already been made, plants may be wound up or transferred to some other country which is considered to be relatively safe. Political risk can also be managed by trying to prove to the host country that it cannot do without the activities of the firm. This may be done by trying to control raw materials, technology, and distribution channels in the host county.

elepsychology, or the arrangement of mental administrations utilizing electronic correspondence assets and other data advances, for example, email, phones, videoconferencing, PDAs, and Internet administrations, can be utilized related to or potentially in lieu of conventional strategies for emotional well-being care conveyance (College of Alberta Psychologists, 2018; O’Connor, Munnelly, Whelan, and McHugh, 2018; Godine and Barnett, 2013). As per College of Alberta Psychologists (CAP) Practice Guidelines, similarly as with customary mental administrations, telepsychology might be utilized to “offer clinical help, take part in … formal evaluation, give schooling and preparing, participate in research as well as add to strategy advancement… ” (CAP, 2018). Similarly as with any mental help, there are rules and strategies set up that comply with moral standards for proficient practice for analysts who are thinking about the utilization of/at present utilizing telepsychology (CPA, 2020; Clay, 2017).

Brief Discussion of Canadian Psychological Association Guidelines for Telepsychology
The Canadian Psychological Association (CPA) have carried out rules that are gotten from the moral standards of the Canadian Code of Ethics for Psychologists to apply to this method of mental practice (CPA, 2020). These rules offer exhortation and data on various main points of contention:

Informed Consent. In view of the Principle I: Respect for Dignity of Persons and Peoples, the rules propose that clinicians ought to incorporate data in regards to the specific dangers and advantages related with utilizing electronic modalities, like security constraints, as well as other elective methods of mental administrations accessible to clients. And indeed, analysts ought to try to sort out for face to face meetings for informed assent for clients that might dislike their ability to assent.

Assurance for Vulnerable Persons. In view of the Principle I: Respect for Dignity of Persons and Peoples, this rule proposes that in the occasion a substitute leader is expected to give assent, the clinician ought to confirm the character of the substitute chief face to face.

Protection and Confidentiality. In light of the Principle I: Respect for Dignity of Persons and P

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