What are cultural-political-economic-legal environment

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Reference no: EM132230143

1. Suppose you sign a contract with a supplier for $50,000 worth of tablet computers. You tell the supplier that you are only authorized to sign contracts for $40,000 without approval from the supply manger of your company, but the supplier agrees anyway. A few days later, because of budget cut backs you find out that you only need $30,000 worth of tablet computers. How many dollars of tablet computers are you legally bound to purchase from the supplier?

2. Discuss the countries that Renault has entered (Germany, Australia mid-1960’s, China 2013 and Russia 1998), what are the cultural, political, economic and legal environment of these countries? Evaluate whether the company chose the right location and why.

Reference no: EM132230143

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