Explain the factors influencing the environmental analysis?
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Political Factors
Political factors are factors within the regulatory environment of a particular industry or business.
Examples of political factors include:
Barriers to international trade
Changes in government regulation
Tax policy
Employment laws
Country-specific political risk
Political factors in the macro-environment can constraint the operations of organizations and introduce opportunities and threats to the companies. When a company chooses which industries to enter or which countries to expand its operations into, it might want to consider the complication of government regulatory policies in that specific industry or country and other risks associated.
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