Political factors:
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.
what political factors affect the retail industry in aystralia
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.
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 are the political favtors that affect a college?
The world of business is getting smaller and smaller as on single factor continues to revolutionalize the way business is done. What is the factor? And how relevant is it in Nigeria business environment?
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
discussion
They can destroy a business or make them rich!
Political risk
how factor markets would affect a person to start a 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 political factors affect the retail industry in aystralia
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.
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.
Several external factors affect a business. This includes political events, social changes, as well as the economic performance of the country.
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.
Certainly getting rid of polluted water has been a factor and remains so.