Political Factors Flashcards
1
Q
How is a local business impacted by political factors?
A
Infrastructure, public spending in local schools/colleges, TUs
2
Q
How is a national business impacted by political factors?
A
Privatisation, Minimum wage, Legislation, Nature of a product, Recession, Interest rates, Corporation tax
3
Q
How is an international business impacted by political factors?
A
Political relations, Strength of the pound, Trade barriers, Brexit
