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S5C5A2 What are political factors?


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Season/Course 5: Market Strategy & Framework

Chapter 5: PESTEL Analysis

Abstract 2

What are political factors? Political factors relate to how the government intervenes in the economy. Specifically, political factors have areas including tax policy, labour law, environmental law, trade restrictions, tariffs, and political stability. Let's understand this marketing concept in more detail in this episode.

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