One paragraph is good for each question:
1. Discuss the principles of capitalism. Give at least 3 principles.
2. Discuss the principles of democratic systems. Give 5 principles and use an example to explain each of these principles.
3. Compare and contrast between Individualism and Collectivism. Which of the 2 forms is superior and why?
4. What are the international business implications of operating in a ; A. democratic system. B. Authoritarian system.
5. A. Discuss in details the 4 distinctive characteristics of culture.
B. Give an example for each of the characteristics and its impact on the tourism business.
6. How countrys political stability has a direct impact on foreign hospitality operations? Give 3 examples in your answer.