In: Economics
Define what are the political and legal environment in Ukraine country for foreign investors. Explain with sub parts of individualism, masculinity, democracy, collectivism, totalitarianism? write minimum 700 words with references.
Political environment of Ukraine Country:
It is one of the form of basis of business environment in a country. The business should impacted by positive way if policies of government are better and stable. Changes in policy due to changes in government. For successful operation, political atmosphere should be efficient and good in nature.
Ukraine is a semi presidential of parliamentary democracy and a multiparty system. Cabinet of Ministers is exercised the Executive powers. Some scholars are described the political system of Ukraine such as fractured, vacuous ideologically, weak.
Legal environment of Ukraine country:
The legal environment plays very crucial role for determine the success of the globalized business. In legal environment study the important areas where the law will change and how business is affected by legal aspects. There are some major types of legal system are:
Common law based on past practice, traditions set by the courts through statutes interpretations, legislatives and past rulings
Civil law also called as code law and derive from common law and followed in mostly Japan, Latin America.
Socialistic law is derived from the Marxist system of socialist
Theocratic law is based on religious, beliefs and precepts.
Ukraine individualism:
It is opposite versus one side and here find the societies which are tie between loose individuals. Germany is the example of individualistic with relatively high score 67 on the Hofstede scale.
Ukraine collectivism:
Collectivism are that degree in which individuals are collected or integrated into one group. In this find the societies in which people from the birth onwards into cohesive into group their families (with aunts, uncles, as well as grandparents .) Guatemala country is the example of collectivism.
Ukraine Masculinities:
Opposites versus its masculinities, refers to the distribution of role among genders which is other important issue of the any society,. For example Germany has culture of masculine with scale of Hofstede 66.
Ukraine democracy:
Ukraine is not a democracy it is authoritarian with potential as well as civil society with large young people population. Political opposite’s election hold with Ukraine country.
Ukraine Totalitarianism:
It is a form of government and political system and it characterized by political extensive reression