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  1. Sep 2025
    1. The political climate of a country is another critical factor for managers to consider in day-to-day business operations. The amount of government activity, the types of laws it passes, and the general political stability of a government are three components of political climate.

      I think that this is very underrated because many times that is not an area of consideration. If other countries don't have good relationships with a country that stops trade and commerce meaning the economy suffers and so does general business.

    2. Other forces, such as natural disasters and man-made disasters, can also have a major impact on businesses. While

      I definitely have noticed this first hand. During the ice raids in LA in my place of work business definitely dropped and there were less people willing to shop around in an area of high risk. As soon as there was less publicity on ice business improved and sales increased.