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What is political environment essay

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The economic factor depends on outside control of the business, but it can affect the performance and marketing of the organisation. The main factors which mainly influence the economic balance of an organisation are political, economic, social technological, environmental and legislative factors. On an international front economic aspect is an essential interference in the performance of Tesco. Apart from the political stability of the region, factors also involve acts of legislation and tax rates. It is a major point of concern for the organisation, therefore it is essential to be aware of the changes in the policies. Political Factors Political factors play a significant role in determining the factors that can impact Nordstrom 's long term profitability in a certain country or market.
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Machiavelli’s the Prince and Thomas Hobbes’ Leviathan

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Macro Environment Essay - Words

These actions may be on local, regional, national or international level. It could add a risk factor and lead to a major loss. Company should understand that the political factors have the power to change results. It can also affect government policies.
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Political Factors Affecting Adidas

Please join StudyMode to read the full document. It is normally carried out before a SWOT analysis which is applied for assessing an internal environment of a business Panah, Government policy, economic growth, social trends, new technologies, new laws and climate change are all examples of macro change.
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The macro-environment factors can impact the Porter Five Forces that shape strategy and competitive landscape. Article continues after ad. PESTEL analysis provides great detail about operating challenges The Boeing Company will face in prevalent macro environment other than competitive forces. For example an Industry may be highly profitable with a strong growth trajectory but it won't be any good for The Boeing Company if it is situated in unstable political environment.
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