International Business Law

2 -3  paragraphs on how will accomplishing the below objectives support success in management?What risks or challenges might a manager encounter if he or she has not mastered these objectives? Explain.OBJECTIVES:Appropriately use effective communication techniques.Predict situations that present potential legal and ethical issues, and develop solutions for those issues.Describe the opportunities provided by technology for businesses.Apply critical thinking skills to analyze business situations.Assess and understand the international policies, regulation, and supervision of foreign investment.Describe the creation and concepts of intellectual property and the international protection and transfer of intellectual property.Summarize multilateral trade agreements, international regulation, and barriers to international trade.Describe dispute resolution and the alternative dispute resolution process in international agreements.Interpret the home state, host state, and international regulation of multinational enterprises.Explain the bases and sources of international law.