Business Studies, asked by wishafatimaamjad, 7 days ago

political effects on event management business​

Answers

Answered by Sentamizhselvana213
3

Answer:

Political factors relate to how the government intervenes in the economy. Specifically, political factors have areas including tax policy, labour law, environmental law, trade restrictions, tariffs, and political stability. ... Economic factors include economic growth, exchange rates, inflation rate, and interest rates.

Explanation:

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Answered by fulltosebuzzybee
0

Explanation:

How can political trends affect a business?

Political factors

Governments can raise or lower corporation tax , which will impact on profits. They can also affect businesses by increasing value-added tax on products or business rates. They can bring in new laws like the National Minimum Wage , which impacts on profits and employment rights.

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