Can You Explain How Political-legal Factors Present An Opportunity As Well As Threat To A Particular Industry Or A Business Organization And Illustrate With The Help Of An Example?


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Aisha answered
Political Legal factors are a key factor in determining the mechanics of an industry. Political Legal factors determine the entry and exit barriers. If they are favorable, more and more companies would be set up in that industry and vice versa. E.g The manufacturing industry in Pakistan. If the political and Legal factors are favorable, more industries would be setup here.

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