What is included in ‘Political Environment’ of business? State
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Answer:
The answer is given below .
Explanation:
The following components are included in political environment of business:
(i) Constitutional framework
(ii)Political system
(iii)Political structure
(iv) Government interventions in business
(v) Foreign policy and defence policy of the country .
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Answer:
Political environment includes political conditions such as general stability and peace in the country and the attitude of elected government towards business. A stable political system can make business-friendly decisions that promote local businesses and attract foreign investors.
Explanation:
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