Question

Write short note on Political Environment of business organization.

Answer 1

political environment of business organization

The political environment of business are the political factors that can affect the way in which businesses operate, the businesses that are present, the obstacles that a business may face, and the likelihood of success of different types of businesses.  According to theBusiness Dictionary the political environment is the government actions which affect the operations of a company or business.  These actions can be present on several different levels including the local, state, regional, national, and international level.  Those who own businesses often pay close attention to these factors to deduce the way in which government actions will affect their business.

The political environment of business is often a significant issue when discussing international businesses.  The political environment of business often affects the choice of foreign market that a company will enter.  This is due to the fact that it can affect the regulations that the business may face, the amount of government interference that a company can expect, the profitability of the choice to enter this market and more.  In addition, the stability of the country's government and economic system are often very important factors.

Answer 2

Short note on Political Environment of business organization. is as follows:

• The actions which are political or done by government, is defined as political environment of business organisation.
• The bureaucracy level, stability of government and corruption are related to political factors.
• These type of actions can be regional, local and international level.
• To this political environment, managers and owners of business pay close attention.