THE BUSINESS CONTEXT IN EUROPE

Question 1

Explain each of the Baron’s 4Is (issues, interests, institutions, and information) framework. Critically discuss how this framework can help analyze the non-market environment of firms. Illustrate your answer with an example from Europe’s business context. (Your answer is expected to be around 400 words). 

[25 marks]

Question 2

Explain the concept of multi-level governance. Critically discuss how this concept can explain the structure of the institution of the European Union and what are the consequences for the businesses operating in Europe. If necessary illustrate your answers with examples. (Your answer is expected to be around 400 words). 

[25 marks]

Question 3

Within the context of a liberal market economy (LME), explain the main features of the UK’s corporate governance system? Critically discuss the implication of “shareholder value” on corporate decisions. (Your answer is expected to be around 400 words). 

[25 marks]

 

Question 4

Explain the four main bodies in the organizational structures of the European Union (the commission, council, parliament, and court of justice). Discuss the main roles of each in the system and critically discuss why it is important for businesses to know how each of these bodies functions within the system. Illustrate your answer with an example. ((Your answer is expected to be around 400 words). 

[25 marks]

 

Answer

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