McGraw-Hill/Irwin International Business, 5/e© 2005 The McGraw-Hill Companies, Inc., All Rights Reserved.
Pace of reform determined by the interplay between theeconomic goals of the reformers and the political andcultural realities of the country
Managers need mental models to help them
Understand the similarities and differences of political,economic, and legal infrastructures in nations across theglobe
Investigate the intricate changes in these infrastructuresthat contain opportunities or threats for the business