Copyright

Political Factors in Business: Definition & Examples

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

Which of the following is the best explanation of political factors as they concern a business?

Create Your Account To Take This Quiz

As a member, you'll also get unlimited access to over 79,000 lessons in math, English, science, history, and more. Plus, get practice tests, quizzes, and personalized coaching to help you succeed.

Try it risk-free
Try it risk-free for 30 days. Cancel anytime
Already registered? Log in here for access

1. What's the best explanation of an external constraint?

2. What is regulatory capture?

Create your account to access this entire worksheet
A Premium account gives you access to all lesson, practice exams, quizzes & worksheets
Access to all video lessons
Quizzes, practice exams & worksheets
Certificate of Completion
Access to instructors
Create an account to get started Create Account

About This Quiz & Worksheet

Virtually all businesses are influenced by political factors that can determine where, when, and how they operate, how they develop and grow, and ultimately how much of a profit they will be able to earn. This quiz/worksheet combo examines the nature of political factors in the business world and helps you understand the common ways politics affects business.

Quiz & Worksheet Goals

In these assessments you'll be tested on:

  • How political factors affect business
  • The ability of business to control political factors
  • Business involvement in regulation
  • Political factors that affect international businesses
  • The effects of regulatory policies on business

Skills Practiced

This quiz and worksheet lets students practice the following skills:

  • Knowledge application - use your understanding of politics and business to answer questions on the factors that can affect a company's operations
  • Defining key concepts - ensure you can accurately define main ideas such as external constraint and regulatory capture
  • Making connections - examine the ways a regulator can impose burdens on business

Additional Learning

To learn more, review the accompanying lesson titled Political Factors in Business: Definition & Examples. This lesson covers the following objectives:

  • Understand how politics influences business
  • Know how business defines a political issue that affects operations
  • Understand how businesses try to control regulatory decisions
  • Know the types of political conflicts that can affect international businesses
Support