due today before midnight. Thanks
Write your opinion in a MS word file, maximum two pages:
Study the following link which is about Venezuelan Oil Industry, and assess the political risk which PDVSA buys in nationalizing the oil industry in the country:
http://venezuelanoil.blogspot.ca/2011/05/1975-and-2007-oil-nationalizations-in.html
(Your task is to think/write the answers to questions in the following 6 steps )
An exhaustive study of the political process would involve the following steps:
1.Study the relative power of the dominant groups in the society, and become familiar with their ideologies
2.Study the decision-making process in the government
3.Evaluate the relative strength and bargaining power of the political parties in the legislative branch
4.Identify the key decision makers in both the legislative and executive branches of government
5.Study the path traveled by the government in power over the past several years in terms of its economic, social, and foreign policies
6.Evaluate the impacts on the industry and your company of the anticipated political decisions of the government
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