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Political environment is where the government bodies intervene in situations where society does not adhere to the governmental Acts, so therefore politically there always have to be some form of governance.
fark the chinese government!
The political legal environment is a threat because regulations can hurt a business. It is also an opportunity because regulations can improve a business' position in the market.
Components that make up the marketing environment are the competitive environment, political/legal environment, economic environment, technological environment, and social/cultural environment.
economic, legal, political, and social circumstances
A 'political legal environment' is the system of government instituted by each country's central government. Think of the differences between the US-UK-German governments; all are democracies, but their governments are elected, govern, and are replaced in different ways.
Competitive, political-legal, economic, technological and social-cultural
1. Economic environment 2. Technological environment 3. Cultural environment 4. Political environment 5. Legal environment 6. Natural environment 7. Internal environment
When two gays have sexual intercourse, but aren't allowed to get married they are at a political disadvantage!
Environmental factors affecting entrepreneurship: 1. Political environment 2. Legal environment 3. Economic environment 4. Technological environment
PEST
The main disadvantage of industries is the fact that they pollute the environment. Most industrial processes will emit pollutants into the environment.