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What political influences are

What political influences are

Flowchart showing taxation, regulation and employment law, public spending and procurement, trade policy, and political stability feeding into costs, demand, supply chains, investment decisions, risk and profit Political influences are the effects of government decisions, public policy and political conditions on a business's objectives, decisions and performance. They can come from national government, local councils, devolved governments, trading blocs or foreign governments. In PESTLE, they sit in the external environment, so managers cannot control them directly but must monitor and respond.

Political influences on a business Lesson

  1. A Level
  2. /Business
  3. /Political influences on a business

Step-by-step lessons on OCR A Level Business Political influences on a business. Each one builds up to exam-style questions. Build up your knowledge of the core business functions first, then focus revision time on the strategy and evaluation-heavy topics, since these carry the most marks.

Lessons