Ive been tasked to write about the political - legal environment of the worst company to work for. The company I chose is Foot Locker. THESE ARE THE DETAIL OF INSTRUCTIONS. Integrate the political and...

Answer 1
Foot Locker is a leading sportswear and footwear retailer company that is currently operating in 28 different countries worldwide. Its headquarter is based in New York city, US. Its stores are mainly concentrated in US and Canada although Europe and Asia are also emergent countries where the company is functioning. Puma, Reebok, Nike etc are some of the premium brands that can be found in Foot Locker’s store.
The political and legal environment of Us are as discussed below –
Political - John & Jhonson N (2015) rightly suggests that political environment of a host country is one of the major factors attributed to the success of any multinational company. Foot locker US based company and therefore the political environment of US is important factor for its growth and success. US is one of the oldest and largest democratic country with federal political system. Per capital income is quit high and therefore a large section of people can afford the premium brands of Foot Locker. The income tax structure of US is progressive although the sales tax is as high as 13.72%. Thus, the tax burden on company is higher in US than other countries. Labor law is quit stringent with security of minimum wage, health benefits, workplace safety and social security, unemployment benefits etc. Thus, companies are compelled to do its business in fair and transparent means. According to PRI (2017), US has very low political risk as its rank is second after Canada with Political risk index of 88 on April 2018. On corruption Perception Index, US ranks at 22 with 77 points on 2018 and thus, it is classified as clean country. US president Donald Trump’s protectionist policy would further boost the home based companies to grow and expand.
Legal – To make the US...