Question

Stability of retail sector due to political factors in india

Answer 1

Answer:

Firms should track their political environment. Change in the political factors can affect business strategy because of the following reasons: The stability of a political system can affect the appeal of a particular local market. ... Government actions influence the economic environment.

Answer 2

Answer:

In general, economic develop increases the standard of living in a country. Political factors influence economic development by positively or negatively influencing the process of development. Some important political factors include: Regime type, which is the form of government operating in a country.✌✌✌