Essay Case - 734 Words

Hong Le 4/11/2013 MGMT 4670 Prof. Damkar Written Response #1 1. What systems make up the political economy? What is the relationship of these systems? Political economy is made up of political systems, economic systems and legal systems of a country. The political, economic, legal systems can have a profound impact on the level of the economic development in a country and hence the attractiveness of a country and its potential as a trading partner or host for a foreign direct investment. 2. There are two types of violation of property rights: public actions and private actions. Who commits private action violations and what do they involve? Who commits public action violations and what do they involve? Private action†¦show more content†¦The economic condition of Nigeria has been damaged due to conflict among several competing ethnic, tribal and religious group has limited political stability and led to political strife. As per United Nations, Nigeria has low human development because of the high number of illiteracy among adult population and also due to low life expectancy rate. 2. How did Nigerian military dictator Sani Abacha violate the property rights of the people of Nigeria? What were some of the results of this public action violation? Sani Abacha used 25% of the federal budget of Nigeria for his personal use (property right). He did that by setting up trust funds scams like Petroleum Trust Fund. In order to keep his scams going he had to pay political leaders (public action violations) some of the money so that they won’t say anything. The results of these violations were that they were just wasting all there natural resources and became one of the poorest country in the world. 3. Based on this case and what we discussed in class, what is the relationship of corruption, a public action violation, on economic development? I think corruption and public actions violations have direct impact on a country’s development. If public officials are corrupt, then they will only think of ways in which they can benefit themselves instead of ways to help in country’s progress. 4. What explains the high level of corruption atShow MoreRelatedBusiness Case And Moral Case Justification For Diversity Management 1748 Words   |  7 Pagesadvantage and organisational profit. When looking at diversity in the workforce, the business case and the moral case justification are often necessary. The following paragraphs will talk more about the business case and moral case, and the linkages between them, as well as the theories and conceptual frameworks for the business and moral cases justification for diversity management in organisations. The business case for diversity is often expressed in terms of managing diversity (Urwin et al. 2013). ItRead MoreDescription Of A Model Case1281 Words   |  6 Pages5. 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Chirra ShivarajRead MoreCase Study : Case Analysis : Case Study2888 Words   |  12 PagesRunning head: CASE ANALYSIS 1 CASE ANALYSIS 9 Case Analysis (Author’s name) (Institutional Affiliation) Introduction The case is about Modrow Company, the subsidiary of Tri-American Corporation based in Canada. The branch has 1000 employees whose primary function is fabricating aluminum. The advantages of Modrow are its locationRead MoreCase Study : Owner Of The Hotel Kallessi Mctavish1788 Words   |  8 PagesMcTavish is a case when given authorities have also certain restrictions which should be followed to avoid unpredictable or unnecessary problems. In hospitality business is a phenomenon, that miscommunication and lack or wrong information can occur very often. Communication is a key for success in hospitality and this can be provided by both sides, employers either employees. According to the authorities and restrictions there are two cases, where similar problems occurred. 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