Why should international business executives be alert to political development?
Executives are responsible for making key business decisions that affect the company on a global basis. Political developments have enormous influences on their decisions. For example, changes in a country's political leadership, say from conservative to left-wing, can have repercussions in tax rates and business-friendliness. Also political stability is crucial to business development. For example, knowledge of whether a certain country is going to be in crisis can help the executives avoid key losses.
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