Question

Advantages of Political Environment​

Answer 1

Answer:

Political Environment is the state, government and its institutions and legislations and the public and private stakeholders who operate and interact with or influence the system. The political atmosphere should be good and very stable for a firm to operate successfully.

Answer 2

The political factors of any country can impact the business. The political factor can also introduce a risk factor in the industry, which can suffer losses, or it can reduce profitability. There could be many reasons due to which political environment may change, and it depends on country to country.