Businesses can get affected by several factors including political ones. Here are some political factors that affect bussiness.
1
Unrest, coups, and wars can disrupt businesses by creating uncertainty and making it difficult to plan for the future.
2
Businesses need to be aware of upcoming changes in government policy and how these changes might affect them.
3
The government's trade policy can affect businesses by making it easier or more difficult to import and export goods.
4
For example, if a country goes to war with another country, businesses that operate in either country may be disrupted.
5
Businesses need to be aware of the bureaucratic hurdles they may face and plan accordingly.
6
Corruption can increase the cost of doing business and make it difficult for businesses to compete fairly.
7
A country's international relations can affect businesses by creating new opportunities or new risks.