Explain Political Environment
Illustrate the term Political Environment?
Expert
Modifications in political condition also disturb business organisations. Political stability forms self-confidence between occupational community while political variability and bad law & order situation, may bring uncertainly in business activities. Political environment has immediate and great impact on the business transactions, so the businessman must scan the environment carefully so that necessary changes can be made in the organisation as per requirements.
Two contemporary paradigms in classical organizational theory that attempt to conceptualize organizational environments.
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