How can the rules of the game reduce uncertainty


Problem

A. ON CULTURE: Is there any relationship between the culture of a given country and the extent to which it will likely have a dynamic, growing economy? Are there cultures that would be more likely to limit economic growth and even result in poverty? Defend your answer.

B. How can the "rules of the game" reduce uncertainty?

C. Do "rules of the game" promote or prevent opportunism?

D. Do you agree that managers and firms really pursue their interests? Why or why not? It probably could be argued that they pursue their interests but their idea of what

E. What are examples of informal constraints that affect global business firms?

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Business Management: How can the rules of the game reduce uncertainty
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