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Political factors:
- Changes in local, national or international legislation
For example, the minimum wage legislation (in the UK) brought many changes for firms in terms of who they employed and how much they had to pay.
Wiki User
∙ 13y ago
Wiki User
∙ 11y ago1. Stability of the government
2. Government type (Dictatorship, democratic, monarchy, etc)
3. Economic policy of the government
4. Trade policy
5. Diplomatic events in surrounding countries
Wiki User
∙ 14y agoi think location policy is policy that governs business to operate
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What factors economic social political or environmental impact on the Harvey Norman's business performance?
what political factors affect the retail industry in aystralia
How does political environment influences the business policy of an organisation?
The political environment of any country is a big influence factor to business policies due to many reasons, The political organization, philosophy government ideology, nature and extent of bureaucracy, political stability, foreign policy, defence and military policy, etc.
What does political factors mean?
Political factors are outside influences that are associated with the policies and procedures of the government. Companies often monitor these factors to see what effect it may have on business.
What Political factors affect a college?
what are the political favtors that affect a college?
Why should international business executives be alert to political development?
Executives are responsible for making key business decisions that affect the company on a global basis. Political developments have enormous influences on their decisions. For example, changes in a country's political leadership, say from conservative to left-wing, can have repercussions in tax rates and business-friendliness. Also political stability is crucial to business development. For example, knowledge of whether a certain country is going to be in crisis can help the executives avoid key losses.
What is a political factor?
A political factor is an activity having to do with government policy and its administration that has the potential to change or influence a business. -BrainQuiz
How far do political changes affect the business?
They can destroy a business or make them rich!
How do recession as the economic factor affect business?
discussion
The likelihood that a society will undergo political changes that negatively affect local business activity is called?
Political risk
How national factors effect a start up business?
how factor markets would affect a person to start a business
What the difference between internal factors and external factors in swot?
Internal factors in SWOT analysis refer to strengths and weaknesses that are within the control of the organization, such as resources, capabilities, and structure. External factors, on the other hand, refer to opportunities and threats that exist outside the organization and are influenced by factors like competition, market trends, and regulatory environment.
How does political environment influences upon the Indian business?
Political environment heavily influences the Indian business world. Different political parties have different policies in regard to businesses. A change in the political environment may lead to a change in taxes, which would severely affect the Indian business community.
What factors economic social political or environmental impact on the Harvey Norman's business performance?
what political factors affect the retail industry in aystralia
How political factor effects the business?
As in any part of the world, political influence is highly essential to start a business in any country. In case of India this effect is too high. because of biggest democracy in the world wth multi party political system.
What affects a business externally?
Several external factors affect a business. This includes political events, social changes, as well as the economic performance of the country.
How does political environment influences the business policy of an organisation?
The political environment of any country is a big influence factor to business policies due to many reasons, The political organization, philosophy government ideology, nature and extent of bureaucracy, political stability, foreign policy, defence and military policy, etc.
What role in business does the political and legal environment have?
Every business is affected. The bigger the business, the greater the influence. For any business of significant size, regulatory and legal issues are the most important factor in determining survival and profitability.
