The idea of understanding laws and policies on a global scale, business and finance homework help

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purivrfzvyrf

Business Finance

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write up to 3 paragraphs that respond to the following questions with your thoughts, ideas, and comments. This will be the foundation for future discussions by your classmates. Be substantive and clear, and use examples to reinforce your ideas:

  • The idea of understanding laws and policies on a global scale, particularly in business can be daunting, even for the most seasoned professional. Sometimes, putting things on a more macro scale can help sort some of the more minute details. Read the section/link on Universalism versus particularism (http://www.via-web.de/universalism-versus-particularism/). While the section focuses on comparing China and the U.S., once could argue universalism and particularism applies to all countries. So, using this as a starting point, examine and identify the validity of having this perspective within international business law.

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Explanation & Answer

Attached.

OUTLINE

INTRODUCTION

BODY

CONCLUSION

REFERENCE


BUSINESS

1

Universalism and Particularism

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Instructor

Institutional Affiliation

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BUSINESS

2
UNIVERSALISM VS PARTICULARISM

Universalism implies that laws, rules, and contracts developed can be applied in any
situation anywhere. It is major based on the ethics and moral which points to the fact that true or
good can be discovered, defined and made applicable in any given situation (De Blasio, Scalise,
& Sestito, 2014). Understanding this concept in its entirety is very important because it allows
business across the globe to get into a contract that b...


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