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Intro - Learning Objectives Understanding the American...

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1 Learning Objectives Understanding the American “mindset” Understanding the different types of International Enterprises Understanding the different types of geo-expansion strategies Understanding why firms engage in international business Upon what issue (or value) would most Americans agree? The Concept of Private Property . . . The individual’s unobstructed right to control his or her personal property, and ensure its security, is fundamental to the U.S. commercial mindset and its legal system. 4th Amendment, U.S. Constitution (June 20, 1788) “The right of the people to be secure in their persons, houses, papers, and effects, against unreasonable searches and seizures,shall not be violated and no warrants shall issue but upon probable cause, supported by oath or affirmation, and particularly describing the place to be searched, and the persons or things to be seized” Any exceptions ? 5
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2 Condemnation Private property may be condemned by legal action with
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