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What Is The Effects Of Political-legal Forces In Our Business?

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    Political-Legal forces influence the stability of your business environment. It is an external force that has impacts no business can avoid, except adapt to. Take for instance if the government at one time alters taxation policies which creates an unfavorable effect of increase in taxes, this wil result in prices of goods and services increasing. When prices of goods and services increase, the cost of production in your business will increase.
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    answered 1 month ago

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