Political environment
Answers
Answer:
Explanation:
Government actions which affects the operations of a company or business. These actions may be on local, regional, national or international level. Business owners and managers pay close attention to the political environment to gauge how government actions will affect their company.
Answer:
Some examples are: Politicaldecisions affect the economic environment. Political decisions influence the country's socio-cultural environment.
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Below, is a list of political factors affecting business:
Bureaucracy.
Corruption level.
Freedom of the press.
Tariffs.
Trade control.
Education Law.
Anti-trust law.
Employment law.
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 politicalatmosphere should be good and very stable for a firm to operate successfully.