Managers assess to political risk

 

 

 

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?

Sample Solution

In accordance with conventional economic theory, managers consistently act in the best interests of shareholders. According to behavioral theory, an executive’s management style might vary depending on their personal management style (Johnson and Tversky, 1983; Slovic, 1987; Gervais, Heaton, and Odean, 2011; Palomino and Sadrieh, 2011). Because such policies reflect the personal risk profiles of the executives, behavioral theory predicts that organizations with risk-averse CEOs could adopt more conservative corporate policies. The conflict that arises when managers’ and shareholders’ interests are at odds is one area that agency theory examines. The degree of misalignment between managers’ and shareholders’ interests, according to agency theory

Sinulog is a festival of Catholicism, there is no question to that. Furthermore, it is likewise a tip-of-the-cap to the Philippines’ agnostic chronicles and characters at exactly the same time. Today, this festival is perhaps of the most outwardly splendid celebration in the islands as a whole. As a matter of fact, “sinulog” is gotten from the Cebuano word “sulog” which in a real sense means “water flows and developments.” This is pertinent on the grounds that the philosophy behind the development associates the history to the movement. The dance steps are expected to recurring pattern in ubiquity, very much like water.

 

The dance steps of sinulog developments are especially basic. The most basic step of sinulog is pushing one stride ahead two times and moving a similar foot in reverse. Quick cadenced developments of the feet are trailed by an influencing movement as the artist streams interminably forward and backward. Right up ’til now, the steps in the right direction, steps in reverse method is as yet polished. Sinulog, in its wonderful display, is all additionally polished in different spots like Kabankalan City, Maasin City, Balingasag Misamis Oriental, Cagayan de Oro City, and Butuan City in more limited size, yet honoring the endowment of the Santo Niño to the local occupants.

 

One more society Filipino festival that comes out the Visayas and honors the Philippines’ pre-provincial past is the Dinagyang celebration of Iloilo. Like Sinulog, the historical backdrop of Dinagyang can be followed through the commitment to the Santo Niño. The celebration likewise remembers the incredible bargain exchange from the Ati locals of Iloilo and the appearance of the Malay pilgrims. Today, every Dinagyang celebration is finished with the Ati-atihan Tirbal Dance Competition. Ten clans from everywhere the Panay locale meet in Iloilo City to take part in a contest of dance, music, and imaginativeness that features the district’s unique history. One dance that is local to Iloilo that is ruitually performed at Dinagyan, is the conventional exhibition of the Haka sa Iloilo.

 

The Haka sa Iloilo is a Filipino pre-frontier ancestral dance that plays out like the more famous and considered haka of other Polynesian individuals including the Maori nation of New Zealand and the Manu Siva Tau performed by the heroes of Samoa. This stance dance is one that celebrates life and is generally acted in a gathering, with uproarious expressive developments of the hands and stepping of the feet while musically yelling. Haka are regularly performed to invite recognized visitors, to recognize extraordinary accomplishments, weddings, and memorial services. It is habitually mislabeled as exclusively a conflict dance, in spite of the fact that it is acted fully expecting fight.

 

The Haka sa Iloilo shares a very much like practice to the haka performed by different countries. This dance execution is millennia old and assists the idea that Filipinos and other islanders of the Pacific Ocean share family and culture; the Austronesian association. The musicality of the drum is the crucial to the presentation as the artists move as indicated by the beat. Ladies and men are wearing ancestral wear frequently shoeless and holding weapons or different instruments of war. The artists stamp their feet and strike their body as one while shouting. A specific quality that I saw sound valid in all

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