China is an emerging economy that offers lot of market opportunities for foreign investment. Political factors can impact a business by making the market environment more or less friendly for that business. Pdf business environment conceptual framework and polices. This has implications for factors such as taxes and government spending. The effects of the political environment on business. Several aspects of government policy can affect business. Kieser and kubicek 1976, 61, 224 saying, differences in organization and structure of a company are influenced also by external factors. From access to capital, to access to technology, to access. Environmental factors affecting business by jack onyisi abebe introduction environmental factors can have an impact on project management even in environments that are relatively stable. Thats why they have a profound influence on the economy and the development of businesses.
This study investigated the impact of political environment on b usiness performance of multinational companies in nigeria. Some common factors are political, economic, social and technological known as pest analysis. How political factors affecting business environment. Pdf the influence of politicallegal forces on jordanian. Typically, governments have a great deal of power over businesses and many times, there is not much that businesses can do about it.
Political factors affect business environment marketing. With your download, get the 37 best papers relevant to this one, including 9 top related papers. Political factors affecting economic development video. Political factors, or government policies and administrative practices, can have a great impact on economic development, which is the movement from farmingbased cultures to industrialized. Political factors affecting businesses are likely related to legal factors influencing companies. The political environment of business refers to the political or government actions that impact business operations. Get an answer for how do political factors affects businesses.
Political factors affecting business pestle analysis. The political factors affecting business are often given a lot of importance. Business environment business environment means all of the internal and external factors that affect how the company functions including employees, customers, management, supply and demand. There are various factors that are included in internal and external environment. The economic environment, in turn, affects the performance of a business organization. Governments and politics play a large role in international business. In the united states, for instance, there are significant differences in democratic and republican policies. Business is affected by different factors which collectively form the business environment. A steady political environment develops confidence in consumers and corporations investing, or still planning to spend in a particular country. In this lesson, youll learn about the political environment in international business, some of its key factors, and its impact.