Reference no: EM132864331

1. Legal Pitfalls for International Business:

International businesses invariably face distinctions between legal systems that they work within. After reviewing some of the distinctions in your text between common and civil law systems, and after conducting additional outside research on the pitfalls faced by international businesses operating in multiple legal environments, prepare a list of five key distinctions in contract or business law, other than those listed in Chapter 7: Political and Legal Systems in National Environments, reflecting different methods of practice or enforcement.

2. 

The Final Project for this course bridges the gap between theory and practice in public budgeting and financial management by focusing on what professionals and administrators actually do in the field. To this end, your task is to analyze an actual budget, offering insight, analysis, and recommendations about the chosen agency.

Your first task is to find a public budget to analyze. It is suggested you focus on a city/county department, a small municipality/township, a school district, a special district (such as a forest preserve district, stadium district, or water district), a community college, a small public university, or a single state agency. Be sure not to choose a budget that is s website or by contacting the budgeting/finance department. Many local libraries will also have these documents.

In your analysis, you should address the following items/questions:

- Offer a brief overview of your chosen agency. What are its primary functions and roles in the community?

- What are the primary expenditures for your chosen agency?

- How do these expenditures determine public policy priorities?

 budget increased or decreased since last year? What does this indicate about the success of the agency and its ability to deliver services?

- Is the agency allocating resources wisely?

- What recommendations would you offer, in terms of resource allocation, for the agency in the future?