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Shell's Russian Roulette
Discuss the potential political risks facing MNC's, and how firms can implement strategies to effectively mitigate risks, and improve their relationships with foreign governments, as illustrated in the Chapter 10 opening-discussion case, "Shell's Russian Roulette." Please post your Discussion based on the following questions:
1) What are two main concerns that MNCs should evaluate when doing business in Russia?
2) How can MNCs protect themselves from government action?
3) What proactive political strategies might help protect MNCs from future changes in the political environment?
4) How might alliances and joint ventures reduce risk and help relationships with government actors and other stakeholders?
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Article for Next Class - business and society http://www.entrepreneur.com/article/220350 (Links to an external site.)
Colonialism is the domination of one society by another, so yes this is a clear example of a company from a rich society capitalizing on a poor society (Nowak & Laird, 2010).
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