Political, governmental, and legal factors can represent key threats or opportunities for both small and large organizations.

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Political, governmental, and legal factors can greatly impact the success of an organization, regardless of its size. Changes in laws or regulations can create opportunities for growth or pose significant threats to a business. For example, a new tax law could increase costs for a company, or a change in government regulations could open up new markets for a business to explore. It is important for companies to stay informed of these factors and adapt their strategies accordingly.

Political, Governmental, and Legal Factors Can Represent Key Threats or Opportunities