MKT 505 WEEK 3 DISCUSSION - 85186

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Discussion board 3-1. Hofstede’s Cultural Typology. Please respond to the following: 1. Analyze the key differences between a high-context and a low-context country. Choose a country as an example to support your response. 2. Distinguish between Power Distance Index (PDI) and Uncertainty / Avoidance for that country. Provide examples to support your analysis Discussion board 3-2. Sovereignty and Political Risks. Please respond to the following: 1. Speculate on why sovereignty is an important consideration in the political environment of global marketing. Provide an example to support your response. 2. Determine three sources of political risk to international marketing overall. 3. Name a nation that would be a risky nation to open a business. Provide examples of why that nation would be a risk for a start-up business. NOTE: MORE THAN ONE ANSWER POSTED FOR EACH QUESTIONS AS A BONUS JUST CHOOSE ONE
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1. Speculate on why sovereignty is an important consideration in the political environment of global marketing. Provide an example to support your response.

Sovereignty is an important consideration in the political environment of global marketing especially when it comes to global marketing where it is the set of governmental institutions, political parties, and organizations that are the expression of the people in the nations of the world. According to Dr. Bruce Keillor, it is also important because government influencers of a particular country need to develope and administer laws and regulations with in the country's territory. It is important to bring to light that soverenty has an internal and external aspect.

INTERNAL:

Government influencers of the political environment have a recognized authority to excercise power with/in boundaries. Without it, there is no "nation state" which is how Arab Spring came about (a series of anti government protests in spring of 2011 that swept across the Middle East. Listen to this NPR story I found http://www.npr.org/2011/12/17/143897126/the-arab-spring-a-year-of-revolution  .

EXTERNAL:

Mutual recognition on the part of other nations of an individual's internal sovereignty. It is neccessary for functioning a Nation State. An example is the Iraq "nation sta

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