The political environment constitutes the factors related to public affairs that have impact on businesses of organisation. It includes foreign trade policy, government policy, current legal framework and public attitudes towards economy.
The legal environment consists of legal customs legal practices laws and courts etc.
The political legal environment however constitutes of lot of factors which are combination of both which includes the current legal political party in power, current legal framework, current policies of the government as well.
Get Answers For Free
Most questions answered within 1 hours.