In: Economics
Answer: Strategic planning could be a management tool that guides the business to perform better and ways of future success. Future plans are the general goals of the company. political conditions like general stability and peace within the country and specific attitudes that elected government representatives hold towards business. The imperatives of political conditions in business success lie in the predictability of business activities under stable political conditions. On the opposite hand, there may be the uncertainty of business activities because of political unrest and threats to law and order. Political stability, thus, builds up confidence among business people to speculate within the future projects for the growth of the economy. Political instability can shake that confidence. Similarly, the attitudes of state officials towards business may have either a positive or negative impact upon business
The countries in which terrorism and political violence is minimal. As this will provide the basis for the development of future company facilities, a detailed analysis is given below:
A recommendation which justify future operations to specific countries with little risk of activities: