The legal-political environment is an important factor of managing in a foreign environment.

Question

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The legal-political environment includes the laws, regulations, and government policies that can affect the operations of a company in a foreign environment. It is important for a company to understand and comply with these regulations to avoid legal issues and maintain good relations with the host country's government. Therefore, managing the legal-political environment is crucial for success in a foreign market.

The Legal-Political Environment Is an Important Factor of Managing in a Foreign