Difference between individualism and collectivism

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a. Discuss the difference between individualism and collectivism? What is the relationship between government and business under each orientation?

b. What are the differences between democratic and totalitarian political systems? What does current research suggest about the spread of democracy and totalitarianism in the world?

c. Define procedural political risk? How does a nation's political and legal environment influence procedural risk for MNEs?

d. Why is economic freedom an important factor to consider when analyzing a country's economic development, performance, and potential?

e. List and Explain the three types of economies.

Reference no: EM133357733

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