How political instability affect business.

[Mikes smithen]

The environment in which a business organization find itself affect the welfare of such business and by these what I am trying to say is that political stability is an important Factor in business growth and development and when a country's politics is not stable it can take a toll on existing businesses in such region or country of the world. It is however necessary and very much important that business owners and business managers know how to deal with political instability as it affect their business ability to grow and develop. Political instability could be in the form of inflation deflation and increase cost of living or decreased standard of living which may sometimes lead to war, insecurity, and increased in cost of production.

It is very much advisable for a business owner or business manager to make sure that he or she protects his or her business from political instability and that can be done if he or she plans early. Possible ways to protect your business from political instability could be enacting policies concerning the business activities with the government world.