Sample Political Decision Making Process Affecting Global Leadership in International Business

POLITICAL DECISION-MAKING PROCESS AFFECTING GLOBAL LEADERSHIP IN INTERNATIONAL BUSINESS

Topic is Decision Making in Global Politics

Your paper should be on your content specialty area focusing on the political decision-making process affecting leadership. Content specialty areas include: (Religion/ Ministry, Math, History, English, Criminal Justice, Student Personnel Services, Information Systems, Instructional Technology, Education, Business, Nursing, Health Science).

This is a good opportunity to further research for your dissertation topic. Term Paper due November 29, 2021 at 11:59 PM EST. Paper should be ten double spaced pages, plus title page and reference page.

I Term Paper Format - APA - (Refer to the UC Dissertation Handbook Posted in Content)

Title Page

Chapter One. (Introduction)

This is where you present a short summary on the importance of your selected topic.

Chapter Two. (Review of Literature)

This where you will summarize the information and data from your references.

Chapter Three. (Procedures and Methodology)

This is where you provide your own analysis of your topic anchored in fact and reason.

Chapter Four. (Research Findings)

Summarize the meaning of your analysis and findings.

Chapter Five. (Summary, Discussion and Implications)

Practical assessment of research and implications for future study.

Reference Page

II Overall Evaluation: Excellent (A) 270 – 300; Very Good (B) 240 – 269; Acceptable (C) 210 -239; Un-Acceptable (F) >210

Solution

Chapter 1: Introduction

1.1 Background

In political psychology, political decision making is one of the most renowned domains. From the post cold war period, decision making dynamics is a very important key for predicting the behaviour of different political leaders. Political pressures inside a country can have an impact on the political leaders for formulating their policies. For Assignment Help, As opined by Babic, Fichtner & Heemskerk (2017), political decision making involves complex interaction with the ideas and interests and ideologies and individuals. The current changes in government structure also impact the decision making process that consists of compelling evidence in the decision making process on different government programs. This paper focuses on how the political decision making process affects the global leader in international business.

1.2 Aim

This research paper aims to identify how the political decision making process is affecting the leadership in international business.

1.3 Objectives

- To identify the political decision making process
- To identify the relationship between global politics and international business
- To evaluate how the political decision making process impacts the leadership
- To identify the effects of political decision making in international business
- To evaluate the different strategies for analysing the political decision making process

Chapter 2: Literature Review

2.1 Political decision making process affecting leadership

Political psychology can emphasize that the leader's personality and motives and the different situations can influence the decision-making process. Many political psychology scholars also stated that political leaders use the elite to decide which group processes and media are important. It has been identified that complex political decisions sometimes influence leadership personality factors and propaganda. As Berry & Fowler (2021) coined, political psychology also contributes to understanding complex decision-making by introducing rational theories. Whenever a political leader makes decisions, stress provides an impact that entails complex decision-making; however, this curvilinear change affects the decision quality. Several studies have been made on different political personalities and leadership styles. It has been identified that leaders' personal history also contributes to their personality and leadership style; however, personality traits also affect leaders' policy preferences.

Political leaders are mainly responsible for establishing a process through which all the decisions will be made. As suggested by Johnson & Orr (2020), this process is severe for the country or world as it can hinder and facilitate job execution and increase the overall effectiveness of the decision. Before making any decision, it is very important to evaluate the general nature of any leader's culture and decision-making style, which can help make the decision-making process more effective. Leaders can also recommend strategies that should be involved in the overall decision-making process, considering how it will affect the rest of the world.

2.2 Effects of political decision making in international business

The political decision-making inside a country or world generates laws and legislation for controlling the business environment. All the companies doing business inside a specific country or internationally must follow or comply with this regulation, or they can face hefty penalties. All these laws and regulatory requirements indeed reflect the social value and objectives of any specific country. However, regional differences can also impact the business. All the global companies doing business in different continents need to obey these laws. For different countries, laws are different, so they need to adjust their business structure and procedure according to the host country (Howarth & James, 2020). The government leader mainly implements these policies and legislations, and the political stability of any country also directs the business activity.

For example, Apple is a global tech giant, and recently they stopped charging their phones. Asian and American countries do not have any legislation or rules regarding it; however, in European countries, they have strict laws and quoted the company that if they need to do the business inside the region, they have to provide chargers for their customers. This is how the political decision impacts international business. Apart from these things, sometimes political stability is important for conducting business activities. As suggested by van der Zwan & Nijhuis (2019), if any uncertainty or political disruption takes place, then it will be difficult for the business to conduct their day to day activities as they have to face problems to perform their routine activities such as purchasing equipment or getting investment from the stakeholders.

2.3 Theories

2.3.1 Decision Theory

Decision theory is related to underlying choices such as agent choices. This is also a mundane choice when a person thinks about whether it is important to take a bus or taxi. The decision theory is mainly structured with normative decision theory, which evaluates the preferences and attitudes that must be justified by any leaders personality and generic circumstances. As said by Davis Sramek, Thomas and Fugate (2018), this theory also sets accounts of rationality and has more substantial questions about the leaders desire and beliefs on an ongoing situation. However, this theory also demonstrates an uncertainty risk present on which the value can be understood according to the leaders decision. Preferences and prospects are the main Central concept of this decision theory, which clarifies that the preference has a comparative attitude. Decision theory also stated how different leaders make decisions based on risk and uncertainty. It analyses and sets axioms that define how different individuals behave when they face any challenges in the empirical and theoretical ground. However, political decision making forced us to adapt and apply the different rational choices for the private or governmental organisation efficiently.

Chapter 3: Methodology

3.1 Research Design

The main aim of the research is to evaluate the impact of the political decision-making process in global leadership in business. Here, in the research for gathering accurate and transparent data on research, a descriptive research design has been considered. The characteristics of descriptive research design for non qualified issues helped the researchers analyse the problems faced while performing the global leadership approaches in business. The descriptive research design also can help in completing the research in a more time efficient way. Here, for finishing the research more quickly, a descriptive research design has been considered. It also helps in observing all the phenomena of research in a more detailed way. For collecting the data more naturally, a descriptive research design has been considered.

3.2 Data collection Method

The research paid attention to how the political decision-making process affects the global leader in international business. For the process of gathering data on the research, secondary qualitative data collection procedures have been considered. Voleti (2019) opined that secondary data could be collected from both internal and external sources. For cost-effective and time efficient characteristics of secondary research here, secondary research methodology has been selected that helped the research complete within a limited time and a limited cost. Secondary research methodology has been conducted to incorporate a wide range of information about the research topic. Choosing secondary data on research also helped in working with a set of pre-existing data on the research. The data for the research has been collected from several journal articles, websites that are related to the topic.

3.3 Data Analysis Method

For the data analysis to identify the impact of political decision making procedures on the leadership approaches in global business, thematic analysis has been chosen. As coined by Nowell et al. (2017), thematic analysis can be recognised as one of the most appropriate approaches for qualitative data analysis. Thematic analysis helps in producing flexibility in research that can help in incorporating more analytical options. Here, for giving the research more detailed analytical options, thematic analysis has been considered. The quick and easy characteristics of the method helped in analysing the data with a quicker process. It also helps in exploring the qualitative data on research. For more exploration of the qualitative data on the topic, a thematic analysis has been considered.

3.4 Research Ethics

Reducing the legal and contractual consequences on research to maintain the privacy of the research became a prime concern. In the process of collecting secondary data, only authentic websites have been considered. As per the views of Dooly et al. (2017), before starting a research, it is important to ensure that the research will not harm anyone. No patent has been used. For gathering information, no transaction has been preferred. Only free websites have been preferred to collect secondary data on the research. Information has been collected while maintaining The Privacy Act 1988 (Australian government, 2019). After finishing the research process, all the data on the research has been deleted. No animals were being hurt during the data collection procedures.

Chapter 4: Analysis & Findings

Theme 1: Areas covered by the political decision-making process

Political decision-making can be considered as one of the main domains in political psychology. Several theoretical frameworks have been used for creating the decision-making process. It includes the process of making decisions by parties and the government. The political decision-making procedures pay attention to the social aspects. As opined by Christensen et al. (2020), process satisfaction, the index of legitimacy, the confidence in political decision-making, and support can be considered as the variables for capturing the legitimacy in the decision making procedures. It also helped in providing advice on the effect of several events that created several social problems. The political decision-making procedures help in making initiatives that can help in reducing the impact from the society. The decision making process also helps in reducing a certain impact on the health care systems. It helps in making the decisions for diminishing the impact on health care systems. It also can help in making decisions to reduce and to manage the economic fallout in the society. It also examines the impact of a certain situation in the business, employment, loans at the international level, micro and macro economic development, and others. Decision making helps ensure each of the responsibilities with the help of parliament, political stakeholders, and others.

Theme 2: Roles and responsibilities of persons associated with the political decision-making process

Choosing the right people in the decision making procedures can be considered one of the main approaches to success in the decision-making procedures. There is also the necessity of understanding the effectiveness of the decisions and understanding the roles and responsibilities that can help produce effective decisions. There are certain roles among the people who have participated in the decision making procedures. As stated by Kaszkur & Kapsa (2019), citizens are also included in the decision-making procedures. They are the chair, ministers, senior party leaders, the secretary, subject matter expert, senior information officer and communication advisor, external stakeholders, Governmental representative, financial expert, and legal expert. The chair of the decision making body has the responsibility of leading and coordinating. The chair also plays a crucial role in communicating with the citizens and the external stakeholders. Ministers play an important role in providing sector specific expertise. The secretary has the responsibility of developing the rules for better decision making procedures. The senior information officer helps gather the information from the different sources that will help produce effective decisions. A communication advisor helps in communicating political decisions with citizens, media, and also stakeholders. The political leader completes the responsibility of managing the political process. The external stakeholders also play a crucial role in the process of making political decisions. The security advisor helps in providing the solutions for the security-related issues in the decision-making procedures. The financial expert pays attention to the financial activities needed to be performed in the decision making procedures. On the other hand, the legal experts include legal advice on the decision making procedures.

Chapter 5: Summary, Discussion, and Implication

5.1 Discussion

5.1.1 Relation between global politics and international business

The world has entered the era of global order changes, and the population and technology are increasing rapidly and maintaining a strong connection between the people. On the other hand, the government faces several issues and threats such as climate change, pollution, and covid19. Suedfeld & Tetlock (2019) stated that geopolitics is one of the most important topics, which implies international laws that help the government maintain different businesses inside their territories. There is a close relationship between global politics and international business, which helps both government and business to maintain a healthy business environment and allows the government to control different international businesses from operating inside the country. Several businesses are doing infrastructure-related programs, which allow the country e to get a financial boost. Geo political interest for the companies makes a difference in the international business environment and employees’ legal requirements for eliminating potential threats of war or terrorism. As Niessen (2019) coined, it also helps to make a momentum inside a country to take the initiative and mechanism for engaging other countries in different parts of the world. Sometimes the business faces challenges, and they want help from the government, and under the policies and legislation, the government provides the business with the help they require (Sniazhko, 2019). This is the reason why the businesses can run smoothly inside different territories.

5.1.2 Changes in international business due to decision making global politics

Global politics has a huge impact on international business and trends by changing the business policies inside any specific country or region. It has been identified that environmental changes and unemployment, nationalistic pressure, and poverty are some major reasons why the government changes its policies. Pugliese & Senna (2018) opined that sometimes it brings more restrictions for any specific type of business, and foreign companies or domestic companies need to change their business process to cope with the changes. Companies indeed need to change their business process; otherwise, they will not get finance and enough business from that specific market. On a similar note, sometimes policy changes can have a favourable impact on the overall business environment. To run the global business and trade smoothly, different governments are working together, and sometimes trade acts as a political tool that can cause a trade war or embargo. Pritzlaff Scheele & Nullmeier (2018) stated that this is one of the main reasons why international businesses sometimes face several changes in business regulations that add additional costs for the big international companies. Foreign example, due to the increase in pollution, several governments put restrictions and imposed a ban on coal power electricity plants. It is an effective change; however, it damages the business of power plants. On the other hand, the government lifts off restrictions and gives additional information to car manufacturers who produce electric cars. So, this decision making is favourable for the electric car business, and this is how global politics is impacting international business.

5.3 Summary

The research mainly aims to identify the effect of political decision-making processes on the leadership styles and approaches of international business entities. The research can be considered an appropriate approach for evaluating the political decision-making process that has a greater impact on the leadership of international business activities. The provision of a clear background helped the leader in getting a broader assumption about the topic. From the analysis of the literary sources, it can be found that the political decision-making process plays a crucial role in determining the leadership styles in global business organizations. The effects of the political decision making process on the operational activities of international business. The inclusion of several methodological approaches also helped in making the research more appropriate.

5.4 Practical assessment of research and implication for future study

The research can be considered an appropriate approach for identifying the impact of the political decision-making process on international business leadership. The unexplored areas and the flaws of the research helped in identifying the future scope of the research. The research only considered secondary method research methodology. The inclusion of primary research methodology added the future scope of the detailed analysis of the topic. The limitation of time and cost also affected the projection of the research in case of conducting primary research it will help in operating realistic data on the research.

Conclusion

The main aim of the research is in evaluating the impact of the decision making in political aspects and the impact of the decisions in the global leadership of the international business. Here for getting accurate data on the research process, secondary data collection methodology has been considered. The information has been collected from different secondary sources. The inclusion of the analysis of the literary sources can significantly impact the leadership approaches in global business. The effect of the global political decisions on the leadership approaches of the business has been included. Thus, it can be concluded that appropriate political decision making procedures are an effective approach for the growth of the business also.

References