Vision Works is doing extremely well. It has now gone through two more rounds of investment and has an office in Los Angeles to be closer to Hollywood. Mark is the majority shareholder and on the board of directors but stepped aside as CEO. Mark is an engineer at heart and the company needed an experienced executive to lead it into growth.
As part of its growth strategy, Vision Works is expanding globally. Teams have been created to provide reports on the following countries:
· Team 4: Nigeria
For the country your group has been assigned, provide a report that answers the following questions:
1. Describe the basis of the legal system (i.e. is it a civil law, common law, or another system of law).
2. Are there particular cultural influences on the legal system (for example, the perspective of a contract varies in different cultures)?
3. Are there key pieces of legislation that impact international companies doing business in that country?
4. Are there key rules surrounding contracts in that country that Vision Works should be aware?
5. How does that particular country protect intellectual property?
6. Provide an overview of the key legal risks when doing business with that country.
7. Based on all of the above, what is your overall assessment of the country and would you recommend it as a viable option for Vision Works expansion?
Please hand in this portion separately from the rest of the assignment. Format it as if it were a report that would be presented to the CEO of the company.
(100 Marks; 14pages, double space)
(Each question 2 pages)
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