Can Political Economics Affect a Business Strategy?

For inexperienced business owners, their first thought is they don’t want politics to have anything to do with their business. This is different to political economics which no business can avoid. Political economics involves customs, routines and laws that involve the government. The rules and regulations that a government puts in place can make or break a business. They set the foundation as to what the business can and cannot due. So keeping this in mind it is easier to understand how political economics can affect a business strategy. In a business strategy, you have to develop a business plan. This plan will be the footprint for leading your business…